[GNC] looking for quicken alternative

[Michael or Penny Novack]

On 3/27/2020 2:33 PM, David Carlson wrote:
> 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


I do not understand. Are you saying that transactions entered using old 
fashioned pen and ink on paper bookkeeping could not follow tax law 
definitions?

Because ANYTHING you could do pen and ink on paper you could do using 
gnucash.

Michael D Novack