Capital Gains Documentation
jralls at ceridwen.us
Tue Oct 25 22:56:04 EDT 2016
> On Oct 25, 2016, at 6:49 PM, Chris Good <chris.good at ozemail.com.au <mailto:chris.good at ozemail.com.au>> wrote:
>> Message: 7
>> Date: Mon, 24 Oct 2016 14:35:14 -0700
>> From: John Ralls <jralls at ceridwen.us <mailto:jralls at ceridwen.us>>
>> To: "David T." <sunfish62 at yahoo.com <mailto:sunfish62 at yahoo.com>>
>> Cc: Gnucash Users <gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>>
>> Subject: Re: Capital Gains Documentation
>> Message-ID: <4BDEEB54-A1F7-44F6-9172-1200277CF5C7 at ceridwen.us <mailto:4BDEEB54-A1F7-44F6-9172-1200277CF5C7 at ceridwen.us>>
>> Content-Type: text/plain; charset=utf-8
>>> On Oct 24, 2016, at 9:35 AM, David T. <sunfish62 at yahoo.com <mailto:sunfish62 at yahoo.com>> wrote:
>>> I think you?re right. Probably most of this content could be moved to a
>> section just after Seliing Shares. I?ll see what I can come up with, if
> you want.
>> Actually I want to remove most of the content as being either redundant
>> (depreciation, realized gains), incorrect (unrealized gains as income), or
>> appropriate (unrealized gains in general) for GnuCash.
>> John Ralls
> Hi John,
> IINAA and it does sound strange to record unrealized gains as income, even
> in an unrealized gains group.
> I do think many users would like to record the unrealized gains on their
> Do you know how they should be recorded or can some of the accountants out
> there chime in?
That's an interesting idea. I guess I'd do it by making the house a commodity and assigning a price to it. That way it will show up in the CoA and net worth reports without messing up other calculations.
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