Capital Gains Advice

[Mike Roberts]

Where is the View Lots?  And what is "scrub"?  I am still on Version 2.2.9.
Is that new to 2.4?

Mike Roberts

-----Original Message-----
From: gnucash-user-bounces at gnucash.org
[mailto:gnucash-user-bounces at gnucash.org] On Behalf Of Mike C.
Sent: 02/01/2011 7:28 AM
To: David T.
Cc: Users Gnucash
Subject: Re: Capital Gains Advice

After entering the sell transaction, I go to the View Lots and scrub. 
It then adds the gain or loss transactions based on FIFO for the lots
purchased.  You then have to change the account to your capital gains
account.  I haven't figured out how to include the commission in this
transaction automatically.
Mike

On 1/31/2011 7:02 PM, David T. wrote:
> Anyone?
>
> --- On Thu, 1/27/11, David T. <sunfish62 at yahoo.com> wrote:
>
>> From: David T. <sunfish62 at yahoo.com>
>> Subject: Capital Gains Advice
>> To: "Users Gnucash" <gnucash-user at gnucash.org>
>> Date: Thursday, January 27, 2011, 9:10 PM
>> Having spent a good while just now
>> trying to (re) grok the concept of capital gains and how to
>> account for them in Gnucash, I am wondering whether anyone
>> has better instructions than those found in the Guide at
>> 8.1. 
>>
>> As I see it, the descriptions included in the guide are
>> overly simplistic, and don't address some fundamental
>> points:
>>
>> 1) Is there a simple and principled way to calculate cost
>> basis in Gnucash? I spent a while figuring out my cost per
>> share, and then trying to figure out how to get that
>> reflected in the register. I only had one or two share
>> transactions to consider; I shudder to imagine trying to
>> figure out cost basis on (say) a mutual fund account that
>> has reinvested dividends over the years at different prices
>> and in minute fractional shares, and then selling a major
>> chunk at a later date... The simple example included in the
>> guide glosses over this significant question!
>>
>> 2) Commissions need to be discussed in the guide and
>> included in the example, since (as I, a Non-Accountant
>> understand it) commissions affect one's cost basis in a
>> stock. I believe that I got this right, but I don't know for
>> sure...
>>
>> Clarification and edification are welcome. If I can get my
>> mind around all this, I will try to recommend some changes
>> to the docs.
>>
>> David
>>
>>
>>       
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