Capital Gains Documentation

[Chris Good]

> Message: 2
> Date: Wed, 14 Dec 2016 21:02:18 +0500
> From: "David T." <sunfish62 at yahoo.com>
> To: GNU Cash User <gnucash-user at gnucash.org>
> Subject: Capital Gains Documentation, Redux
> Message-ID: <1470DFA7-BE70-43B7-A11F-024F7C9B9398 at yahoo.com>
> Content-Type: text/plain; charset=us-ascii
>
> Back in October, John Ralls raised the possibility of removing the Guide
> Chapter on Capital Gains as unnecessary. That discussion petered out after
a
> bit of discussion, but it seems as if the chapter lives on. I propose
having
> it
> removed now.
>
> David T.

Hi David,

IMHO there is some good stuff in there that should be kept. John had a 
suggestion for recording unrealised capital gains on your house as a 
commodity. I'm not sure of the implications of that but just for personal 
finances, I'm wondering what exactly the disadvantages would be of recording

the unrealised gains in an Income:Unrealised Gains account as suggested by
the 
guide?

Wouldn't using a house commodity make it difficult to come up with a net
worth that included your house? Even if this is only an estimate, it is
useful to have.

How would a business do it? If using Income:Unrealised Gains is not how it 
should be done in formal accounting, then we should change the documentation

to be correct. It would be good if some accountants could give us the
benefit of their experience.

Regards,
Chris Good
-------------- next part --------------
A non-text attachment was scrubbed...
Name: smime.p7s
Type: application/pkcs7-signature
Size: 4817 bytes
Desc: not available
URL: <http://lists.gnucash.org/pipermail/gnucash-user/attachments/20161215/ea73c5f1/attachment.p7s>