How to enter the cost of stock

[Heide Wang]

Thanks, David.


On May 16, 2015, at 5:03 PM, David Carlson <david.carlson.417 at gmail.com> wrote:

> On 5/16/2015 5:40 PM, Heide Wang wrote:
>> Can you tell me how to enter a selling transaction on a stock has multiple cost? if my stock has one purchase price and three different cost dividend reinvested price, when I sell the stock, how should I record the transaction??
>> 
>> Heide
>> _______________________________________________
>> gnucash-user mailing list
>> gnucash-user at gnucash.org
>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>> -----
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>> 
> 
> 
> There are a number of ways to acquire the details, but the one I prefer
> is to build a spreadsheet to list each purchase with brokerage account
> name, number of shares, purchase date, price, commission, net cost and
> space to put a link to a future sale.
> 
> Then, when I sell, I can pick the ones I am selling, probably using FIFO
> method, add up the purchase prices, dates, etc, and calculate the
> capital gain, LT or ST.  This provides the numbers to put into the sale
> transaction.  Depending on whether you track commissions separately you
> must enter a gross or net gain or loss to zero out the value of that
> security position as you close it.  The sum of the sale proceeds must
> equal the amount(s) originally paid plus the gain or loss.  GnuCash does
> not calculate that for you, you need to do it yourself.
> 
> Read the help for details on what a sale transaction should look like in
> GnuCash.  It is sometimes tricky to get the 0 shares line entered for
> the security account.  Type 0, tab, 0, tab through the number of shares
> and price boxes to the value box to enter the gain or loss.
> 
> 
> David C
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.