Selling stock

[David Carlson]

On 3/29/2012 11:10 AM, John Ralls wrote:
> 
> On Mar 29, 2012, at 8:27 AM, David Carlson wrote:
> 
>> On 3/29/2012 9:00 AM, John Ralls wrote:
>>>
>>> On Mar 29, 2012, at 6:25 AM, David Carlson wrote:
>>>
>>>> Hi,
>>>>
>>>> I was doing it wrong for a long time and now I am trying to go back and
>>>> fix recent sales transactions first.  When I try to add the missing
>>>> lines for capital gains, GnuCash wants to either apply the dollar amount
>>>> that should be in the commodity account to Imbalance-USD if I tab
>>>> repeatedly until I leave the transaction or to adjust the number of
>>>> shares if I use a new line for the additional commodity currency amount.
>>>> Does this only work if completely entered from scratch rather than
>>>> edited in?
>>>
>>> I've seen that during an edit. It usually "takes" on the second try:
>>> Just fix up the realized gains split and delete the imbalance-usd split.
>>>
>>> Regards,
>>> John Ralls
>>>
>>>
>>
>> Thanks John.  I have tried more than once to use tabs and so far it
>> seems to not 'take', with one or the other of the two outcomes mentioned
>> above.  I am using release 2.4.10-1 (or so I thought- the about screen
>> says 'This copy was built from svn r22003 on 2012-02-11.') in Windows 7
>> Pro.  I am trying an experiment in a fresh test file, and I hope to
>> repeat the experiment in Ubuntu.  If I isolate the problem to this
>> windows build, I will report that.
> 
> Please remember to copy the list on all replies. Use "Reply All", or if
> your mailer supports it, "Reply List".
> 
> The exact Gnucash version won't matter, that bit of code hasn't been
> touched lately. I'll be surprised if there's any difference between
> M$Win and Linux.
> 
> Um, maybe I misunderstood what you're doing... what do you mean by the
> "additional commodity currency amount"? I thought that we're talking
> about selling stock.
> 
> Here's what a completed transaction looks like:
> This particular sale was of a mutual fund with reinvested dividends, so
> there was a combination of short-term and long term capital gains. 
> 
> You also mentioned that you were getting a split with the Imbalance-USD
> account. That should happen only if you save an unbalanced transaction
> -- as long as the edit stays open, the balancing split will have a blank
> account so that you can easily assign it:
> 
> If you fail to zero the price in the realized gain split, then go back
> and delete the price and shares *without closing the transaction edit*,
> Gnucash will do this:
> 
> If you close the transaction at this point, that bottom split will get
> assigned to Imbalance-USD:
> Perhaps that's what you're seeing?
> 
> I just verified that when this happens you can just fix up the realized
> gain split (delete the price and re-enter the gain amount, tabbing out
> of the split) and delete the imbalance-USD split and all is well.
> 
> Regards,
> John Ralls
> 
> 


John, I was not clear in the first e-mail.  I am talking about selling
stock and properly recording capital gains/losses.  I was trying to
discuss what happens with the additional line in the commodity account
that is intended to offset the capital gain or loss.

I am seeing what you show in your last image, but I was having trouble
with trying to clear it up by repeating the action you describe in your
last paragraph.  It wasn't 'taking' until I finally returned from the
test file and tried again.

I do get the correct capital gain lines in a test file with trading
accounts activated.

Again, thanks for your help.

David C
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