Chapter 8 - investment accounts

[Jamestk]

Hello Wm, thanks for the reply.

Hopefully I am now a little more knowledgeable on GNU Cash so let me start
over refining my original; question.

The following describes several scenarios which I find awkward to execute
well on GC and tbh, not much better on Excel.

Firstly, you have to manually calculate the profit and loss which is then
recorded as above. Aside from the confusing aspect of having three lines
with the same entry, the process takes time as you have to look up the
balancing trade (purchase if this is a sell).

This would be useful also in 'pairing' buys and sells together perhaps by
contract number.

>From a reporting standpoint you don't really need to know the commission for
each stock purchased. However with investments set-up as described in the
tutorial each brokerage has it's own individual stock code including sub
accounts of 'commission', 'profit/loss' as so on.

Producing a tax return needs total expenses similar to say petrol, repairs
ect., so one entry for commission would be sufficient if it works overall.

I guess you currently need  separate categories for each brokerage account
in order that they then balance, that said basic bank account's are not
set-up in the fashion and use a common expense category list.

I still balance my brokerage accounts but they are listed as simple current
accounts to negate the above.

Hope the above makes some sense, it did when I was writing it 



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