[GNC] looking for quicken alternative

[David Carlson]

Ken,

One issue that may be of concern to you is the way Gnucash tracks capital
gains.  It cannot follow tax law definitions exactly by default as that
requires tracking expenses such as fees in a very complex way to apply
partial fees to the cost basis when partial closing transactions occur.

Many users track cost basis separately, especially if they have "lots" of
transactions [pun intended].  See discussions about lot tracking for more
details.

David Carlson




On Fri, Mar 27, 2020, 11:09 AM Alton Brantley <alton.brantley at gmail.com>
wrote:

> I was in the same boat, and made the conversion, and would never go back.
>
> There are a few steps to take to accomplish the migration, and to
> understand the conceptual differences between the two programs.
> However, it’s worth it once you get the process working for you.
>
> If you have any questions, you can always contact this list or look up
> past responses to similar questions in the archives.
>
> > Date: Fri, 27 Mar 2020 05:20:43 +0000 (UTC)
> > From: Ken Cohen <kcohen2 at yahoo.com <mailto:kcohen2 at yahoo.com>>
> > To: "gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>" <
> gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>>
> > Subject: [GNC] looking for quicken alternative
> > Message-ID: <57147887.1864901.1585286443686 at mail.yahoo.com <mailto:
> 57147887.1864901.1585286443686 at mail.yahoo.com>>
> > Content-Type: text/plain; charset=UTF-8
> >
> > I have used Quicken for well over 15 years but continue to have problems
> with the software. I am looking for a replacement that can download
> transactions from my bank and Schwab brokerage and maintain detail security
> information including lots purchased and cost basis. Is gnucash a program
> that can accommodate that?thanks,Ken
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