Sell stocks with a profit: Capital gains
Alexander Engelhardt
kamaitachi at gmx.de
Thu Jan 3 10:08:06 EST 2013
Hello Gnucash users,
I have only today read this section of the manual:
http://www.gnucash.org/docs/v2.4/C/gnucash-guide/invest-sell1.html#invest-sellexample2
So before that, I have entered my actions of selling stocks in a
different way, without the Income:Capital Gains account. Here is an
example of how I entered my sells:
http://i.imgur.com/8PvZi.png
In this simple example, I bought 10 stocks for 100€ each, i.e. spent
1000€. Then I sold the 10 pieces for 120€ each, i.e. gained 1200€. This
is a 200€ increase in my net assets, but there is no income account
where the 200€ came from.
When I have done it this way, I now believe that I have created 200€ out
of nothing. I don't understand where they come from, and why GnuCash
didn't complain when I entered it this way.
Can anyone clear this up for me?
Thanks in advance,
Alex
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