[GNC] Stocks/Equities queries (Australian Based)
David Carlson
david.carlson.417 at gmail.com
Sat Jan 5 06:52:32 EST 2019
Just to mix things up here I will throw out a third strategy. Start with
the opening balance method for all your stocks, then when you have more
free time, pick one or two of the more valuable ones and re-enter them
starting from the beginning. If there were a lot of transactions involving
new money this would mean also adding all those cash-in and cash-out
transactions later.
Good Luck
David Carlson
On Sat, Jan 5, 2019 at 5:29 AM D via gnucash-user <gnucash-user at gnucash.org>
wrote:
> I'd go further and say that, while it is possible to do as Maf says, it
> can be quite confusing to manage, especially where investments are
> concerned. Capital gains and basis calculations are tricky enough to manage
> without having to jigger balances.
>
> I'd recommend choosing one or the other: either start at the beginning, or
> use an opening balance.
>
> David
>
> On January 5, 2019, at 4:25 PM, "Maf. King" <maf at chilwell.net> wrote:
>
> On Saturday, 5 January 2019 06:42:58 GMT Xboxboy Mageia wrote:
>
> > But for the time being, my question is:
> > If I setup my accounts as they are now, using an opening balance, can I
> at
> > a later date go back and adjust, and enter the earlier
> purchases/dividends
> > of stocks/equities?
> >
>
> Yes, but you'll need to pay attention & reduce the opening balance
> transaction
> if you go further "back in time" amd add detail - it won't auto adjust!
>
> HTH,Maf.
>
>
>
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