Trading Accounts
David Carlson
david.carlson.417 at gmail.com
Mon Feb 12 13:05:31 EST 2018
If you read Christopher's links, they go into the theory behind the
development of trading accounts.
I personally do not need them for my use, so I am not conversant with how
they work.
I think that you may need them, based on the fact that you are looking into
using them, but I cannot help with details.
Perhaps another user that does use them can chime in (hint Hint)
David C
On Mon, Feb 12, 2018 at 11:12 AM, Les <lelliott5 at gmail.com> wrote:
> I use, in addition to USD. AUD, HKD, CAD, CNY and SGD. I buy in tranches
> for average cost. So, not sure that means I have complicated trades but I
> make sure I never have any orphan accounts. I checked my test file for
> capital and it did not list any. Although, at the bottom of my accounts
> list, there is a list of currencies and exchanges with totals for each.
> But, again, there isn't any difference in income and expenses.
>
> Les
>
> On 02/12/2018 08:18 AM, David Carlson wrote:
>
>> UnfOrtumately I cannot read the article that zchristofer cited from my
>> clunky Tablet ant tablet really messes up mystery composition skills.
>>
>> I think that if you have always correctly calculated every capital gain in
>> every closing transaction and never had any ambiguously matched lots there
>> will not be any overall difference with or without trading accounts.
>>
>> I would guess trading accounts help the most for users with more
>> complicated trades.
>>
>> I am sure that you would need to drill down to the capital gains and
>> incomes in closing transactions to see where the T A could make a
>> difference.
>>
>> David C
>>
>>
>>
>> On Feb 12, 2018 6:53 AM, "Christopher Lam" <christopher.lck at gmail.com>
>> wrote:
>>
>> Hi Les
>>>
>>> Really interesting question, with a simple and a complicated answer.
>>>
>>> Simple answer: I think Trial Balance would differ if you deal with
>>> multiple currencies or stock (i.e. multiple conversions with differing
>>> dates and prices).
>>>
>>> Complicated answer:
>>>
>>> https://www.mathstat.dal.ca/~selinger/accounting/tutorial.html
>>>
>>> https://www.mathstat.dal.ca/~selinger/accounting/gnucash.html
>>>
>>> C
>>>
>>> On 12/02/18 20:41, Les wrote:
>>>
>>> I have a "test" laptop with GC 2.6.17 running the latest Linux Mint. I
>>>> opened GC and tried using Trading Accounts, did check and repair, noted
>>>> the
>>>> totals of assets, liabilities, income and expense before and after.
>>>> There
>>>> was no difference. I then ran a Income and Expense report for year 2016
>>>> (which is the same as my production GC and compared the two. Again
>>>> there
>>>> was no difference in totals between the two GC files.
>>>>
>>>> So, exactly what does Trading Accounts actually do? I noticed that when
>>>> viewing a stock transaction using auto-split view, there are added lines
>>>> showing trading: currencies and trading: exchange and stock symbol, that
>>>> does not appear without trading accounts.
>>>>
>>>> Thanks,
>>>>
>>>> Les
>>>>
>>>>
>>>> On 02/12/2018 04:41 AM, David Carlson wrote:
>>>>
>>>> It would be more fun to make a test copy of an existing file! 😁
>>>>>
>>>>> David C
>>>>>
>>>>> On Feb 12, 2018 4:13 AM, "Les" <lelliott5 at gmail.com <mailto:
>>>>> lelliott5 at gmail.com>> wrote:
>>>>>
>>>>> Thanks, Adrien, David & Christoph for your replies. I think
>>>>> opening a new GC file and testing Trading Accounts is a good idea.
>>>>>
>>>>> Regards,
>>>>>
>>>>> Les
>>>>>
>>>>>
>>>>> On 02/12/2018 01:40 AM, Christoph R wrote:
>>>>>
>>>>> And run “Actions -> Check & Repair -> Check & Repair All” to
>>>>> add the needed splits to existing transactions.
>>>>>
>>>>> Gruß,
>>>>> Christoph
>>>>>
>>>>> Am 12.02.2018 um 01:27 schrieb David Carlson
>>>>> <david.carlson.417 at gmail.com
>>>>> <mailto:david.carlson.417 at gmail.com>>:
>>>>>
>>>>> I think that if you want to stop using trading account s
>>>>> it is difficult to
>>>>> turn them off.
>>>>>
>>>>> I would set up a test file to try them on until you decide
>>>>> whether you like
>>>>> them.
>>>>>
>>>>> David C
>>>>>
>>>>> On Feb 11, 2018 5:39 PM, "Adrien Monteleone"
>>>>> <adrien.monteleone at gmail.com
>>>>> <mailto:adrien.monteleone at gmail.com>>
>>>>> wrote:
>>>>>
>>>>> Yes, you can add trading accounts (or any other
>>>>> accounts) as needed to your
>>>>> current file.
>>>>>
>>>>> Regards,
>>>>> Adrien
>>>>>
>>>>> On Sun, Feb 11, 2018 at 4:18 PM, Les
>>>>> <lelliott5 at gmail.com <mailto:lelliott5 at gmail.com>>
>>>>> wrote:
>>>>>
>>>>> I have been using GC for several years, and
>>>>> although I trade stocks, I
>>>>> have never used the "Trading Accounts" option.
>>>>> Can I just start using
>>>>>
>>>>> it,
>>>>>
>>>>> or would I need to start a new GC file?
>>>>>
>>>>> Thanks,
>>>>>
>>>>> Les
>>>>>
>>>>> _______________________________________________
>>>>> gnucash-user mailing list
>>>>> gnucash-user at gnucash.org
>>>>> <mailto:gnucash-user at gnucash.org>
>>>>> To update your subscription preferences or to
>>>>> unsubscribe:
>>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>>> <https://lists.gnucash.org/mailman/listinfo/gnucash-user>
>>>>> If you are using Nabble or Gmane, please see
>>>>> https://wiki.gnucash.org/wiki/Mailing_Lists
>>>>> <https://wiki.gnucash.org/wiki/Mailing_Lists> for
>>>>> more information.
>>>>> -----
>>>>> Please remember to CC this list on all your
>>>>> replies.
>>>>> You can do this by using Reply-To-List or
>>>>> Reply-All.
>>>>>
>>>>> _______________________________________________
>>>>> gnucash-user mailing list
>>>>> gnucash-user at gnucash.org <mailto:
>>>>> gnucash-user at gnucash.o
>>>>> rg>
>>>>> To update your subscription preferences or to
>>>>> unsubscribe:
>>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>>> <https://lists.gnucash.org/mailman/listinfo/gnucash-user>
>>>>> If you are using Nabble or Gmane, please see
>>>>> https://wiki.gnucash.org/wiki/Mailing_Lists
>>>>> <https://wiki.gnucash.org/wiki/Mailing_Lists> for more
>>>>> information.
>>>>> -----
>>>>> Please remember to CC this list on all your replies.
>>>>> You can do this by using Reply-To-List or Reply-All.
>>>>>
>>>>> _______________________________________________
>>>>> gnucash-user mailing list
>>>>> gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org
>>>>> >
>>>>> To update your subscription preferences or to unsubscribe:
>>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>>> <https://lists.gnucash.org/mailman/listinfo/gnucash-user>
>>>>> If you are using Nabble or Gmane, please see
>>>>> https://wiki.gnucash.org/wiki/Mailing_Lists
>>>>> <https://wiki.gnucash.org/wiki/Mailing_Lists> for more
>>>>> information.
>>>>> -----
>>>>> Please remember to CC this list on all your replies.
>>>>> You can do this by using Reply-To-List or Reply-All.
>>>>>
>>>>> _______________________________________________
>>>>> gnucash-user mailing list
>>>>> gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>
>>>>> To update your subscription preferences or to unsubscribe:
>>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>>> <https://lists.gnucash.org/mailman/listinfo/gnucash-user>
>>>>> If you are using Nabble or Gmane, please see
>>>>> https://wiki.gnucash.org/wiki/Mailing_Lists
>>>>> <https://wiki.gnucash.org/wiki/Mailing_Lists> for more
>>>>> information.
>>>>> -----
>>>>> Please remember to CC this list on all your replies.
>>>>> You can do this by using Reply-To-List or Reply-All.
>>>>>
>>>>>
>>>>> _______________________________________________
>>>>> gnucash-user mailing list
>>>>> gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>
>>>>> To update your subscription preferences or to unsubscribe:
>>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>>> <https://lists.gnucash.org/mailman/listinfo/gnucash-user>
>>>>> If you are using Nabble or Gmane, please see
>>>>> https://wiki.gnucash.org/wiki/Mailing_Lists
>>>>> <https://wiki.gnucash.org/wiki/Mailing_Lists> for more
>>>>> information.
>>>>> -----
>>>>> Please remember to CC this list on all your replies.
>>>>> You can do this by using Reply-To-List or Reply-All.
>>>>>
>>>>>
>>>>> _______________________________________________
>>>> gnucash-user mailing list
>>>> gnucash-user at gnucash.org
>>>> To update your subscription preferences or to unsubscribe:
>>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>>> If you are using Nabble or Gmane, please see
>>>> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
>>>> -----
>>>> Please remember to CC this list on all your replies.
>>>> You can do this by using Reply-To-List or Reply-All.
>>>>
>>>> _______________________________________________
>>> gnucash-user mailing list
>>> gnucash-user at gnucash.org
>>> To update your subscription preferences or to unsubscribe:
>>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>>> If you are using Nabble or Gmane, please see
>>> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
>>> -----
>>> Please remember to CC this list on all your replies.
>>> You can do this by using Reply-To-List or Reply-All.
>>>
>> _______________________________________________
>> gnucash-user mailing list
>> gnucash-user at gnucash.org
>> To update your subscription preferences or to unsubscribe:
>> https://lists.gnucash.org/mailman/listinfo/gnucash-user
>> If you are using Nabble or Gmane, please see
>> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
>> -----
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>>
>
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>
More information about the gnucash-user
mailing list