Accounting for Capital Gain when Selling Shares

[John Ralls]

On Nov 28, 2013, at 3:36 AM, coolnodje <coolnodje at googlemail.com> wrote:

> Hi,
> 
> I'm trying to follow the Gnucash Guide, in section "8.7. Selling Shares"
> to account for capital gain when selling shares.
> 
> I find myself unable to follow the process, particularly when
> reproducing the table 8.1 which indicates the Split transaction scheme:
> The version of Gnucash I use (2.4.13) doens't allow for a null count in
> stock shares:
> Assets:Stock:SYMBOL	0	0	PROFIT	(Loss)
> 
> 
> I'm unable to create a split with a 0 amount of shares and a 0 price
> that would balance the transfer from an Income: Capital gain account.
> Gnucash would put a default 1 share priced at the value of the gain,
> which messes up the share counts.
> 
> (I'm using the trading account mode, I'm not sure this plays a role here)
> 
> Is there any other way to account for capital gain when sell stocks?

It’s important that there’s *no* entry in the shares field, Not 0, *nothing*.
Otherwise Gnucash won’t recognize that the split shouldn’t affect the share count.

Regards,
John Ralls