Cost Basis (manual compute question)

[Gus Gustafson]

Thanks for your reply! Just to clarify, if the "Income" represents automatically reinvested dividends, then it should factor into basis, right?

> Subject: Re: Cost Basis (manual compute question)
> From: jralls at ceridwen.us
> Date: Tue, 13 Oct 2015 13:47:34 -0700
> CC: gnucash-user at gnucash.org
> To: rakishadonis at hotmail.com
> 
> 
> > On Oct 13, 2015, at 1:06 PM, Gus Gustafson <rakishadonis at hotmail.com> wrote:
> > 
> > I have sold some shares of an equity, but not all. I want to manually verify that I have entered transactions in a way that allows GnuCash to report a correct Basis on the remaining shares. Can anyone confirm my understanding is correct?:
> > 
> > Basis (of remaining shares after a sale) = Money In + Income + Commissions - Money Out + Realized Gain
> > 		 	   		  
> 
> Yeah, except for income unless it’s a security that pays “Return of Capital” instead of interest or dividends. If it is then that reduces rather than increases the basis. Interest and dividends have no affect on basis.
> 
> Regards,
> John Ralls