Reconcile Mutual Fund and Subaccounts

[David T.]

David C.,


Your message confirms my suspicion. 


Reconciling a mutual fund to its dollar value isn't particularly useful for me. I consider reconciling the share balance useful, though.


Thanks, 

David


From:"David Carlson" <david.carlson.417 at gmail.com>
Date:Sat, Oct 24, 2015 at 11:04 AM
Subject:Re: Reconcile Mutual Fund and Subaccounts

David T.,

Search the "Rounding in the Price DB" thread in the developer maillist for 'Reconcile' and read John Ralls' August 19 comment.  (I don't know how to generate a link into the middle of a thread in GMail.)

He points out that each sub-account would need to be reconciled in it's own currency, which, for securities, is the underlying stock.  The reconcile code does not currently support mixed currencies.  

Since we expect to view the value of each security in the currency of the brokerage account, that means finding the price for each security on the reconcile date, and probably following the general form that brokerage statements use with a separate section to show values as of the reconcile date.

David C


On Fri, Oct 23, 2015 at 7:56 PM, David T. <sunfish62 at yahoo.com> wrote:

I have a question for which I believe I know the answer, but I wanted to check with the list first.

Specifically, if I have a brokerage account with multiple mutual fund holdings entered as sub accounts (one fund per sub account), is it possible to use the “Reconcile Subaccounts” option? My initial attempts using this didn’t work; the different account denominations prevented the balances from matching up.

Before I go further into trying to make this work, is it even possible?

And if it is, how exactly am I supposed to make it work, since each account is denominated by a different mutual fund?

TIA,
David
_______________________________________________
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.