Newbie Q - Buying and Selling Capital Assets without keeping track of unrealized Gain or Loss

Suresh Bazaj suresh at bazaj.org
Thu May 19 14:34:27 EDT 2016


John,

	You are correct. I use Schwab Street Smart Edge to track performance
and all kinds of other information.

	I am using GNUcash simply for filing tax returns and year end
reconciliation of books.

Thanks,

Suresh

-----Original Message-----
From: John Ralls [mailto:jralls at ceridwen.us] 
Sent: Thursday, May 19, 2016 7:07 AM
To: Suresh Bazaj
Cc: gnucash-user
Subject: Re: Newbie Q - Buying and Selling Capital Assets without keeping
track of unrealized Gain or Loss


> On May 18, 2016, at 6:10 PM, Suresh Bazaj <suresh at bazaj.org> wrote:
> 
> John,
> 
> 	Thanks for the quick response and confirming that I am on the right 
> track.
> 
> 	To keep it simple ( the # of such assets is small), I am entering 
> them as a single asset and not entering them as a Stock.

Suresh,

That's OK, but it does lock you out of repricing your portfolio or using the
Advanced Portfolio report to track performance. That might not be an issue
for you if you use other tools for that.

Regards,
John Ralls



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