[GNC] How to record "investment" in gnucash ?

Long Phamhoanglongvn at outlook.com
Tue Apr 7 05:43:56 EDT 2020


Hello,

First, i'm not accounting, and i don't know what i did is wrong or right. So
please help me.
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/Example : this example is just assumed./
- Jan : I bought a kg* "gold" *cost me *100$*.
- Feb : My *"gold"* are decreasing from *100$* to *90$*.
- Mar : My *"gold"* are increasing from *90$* to *120$*. And i want to sell
it.
-------------------------------------------------------------------------------
/With that example, i will record it into gnucash by :/
- Jan : I transfer *100$* from "*Assets:bank*" to "*Assets:Investment:gold*"
- Feb : I transfer *10$* from "*Assets:Investment:gold*" to "*Equity*"
- Mar : I transfer *30$* from "*Equity*" to "*Assets:Investment:gold*"
- *When i sell it* : i transfer *120$* from "*Assets:Investment:gold*" to
"*Assets:bank*"
-------------------------------------------------------------------------------
/For more information about *Gain and Lost* : /
- If *Gain*, i transfer that *Money* from "*Income:Investment:gold*" to
"*Equity*"
- If *Lost*, i transfer that *Money* from "*Equity*" to
"*Expense:Investment:gold*"

Thank you so much for spending time to help me.



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