Chapter 8 - investment accounts

David Carlson david.carlson.417 at gmail.com
Sun Feb 1 19:42:09 EST 2015


On 2/1/2015 4:47 PM, Jamestk wrote:
> Cheers John, if anyone has any tips on how to use it that would be cool. managed one or two simple entries but on multiples not so sure.
> Hey, guess what, it's only taken me four year to use the mailing list instead of the forum :) (which is not a forum really)
>
> Date: Sun, 1 Feb 2015 12:01:14 -0800
> From: ml-node+s1415818n4675606h67 at n4.nabble.com
> To: davidjamestk at hotmail.co.uk
> Subject: Re: Chapter 8 - investment accounts
>
>
>
> 	
>> On Feb 1, 2015, at 11:48 AM, Jamestk <[hidden email]> wrote:
>> It's all here, everything we have been talking about on this thread is detailed under, wait for it...
>> Implementing Cap Gains (Is a Pain in the Neck)
>> http://svn.gnucash.org/docs/head/lotsoverview.html
>> I am now puzzled as to why this wasn't mentioned before is it new or part of the Ed Snowden files :)
>> Automatic calculation of capital gains!
>
> It’s not new, it was first introduced in 2003.
>
>
> I can’t explain why it’s not in the regular documentation files. Perhaps none of the other participants in this thread know about it, but more likely they don’t use it because of its shortcomings.
>
>
> Regards,
>
> John Ralls
>
>
>
>
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I presume that you are now talking about the Lots feature.  Since the
IRS now requires brokers to report gains and use the average cost method
unless their clients are savvy enough to specify otherwise, it would not
work for most users.  Back in 2003 that was not the case.  That is MHO.

David C


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