[GNC] looking for quicken alternative

[Ken Cohen]

 thanks for your response. sounds like it is more spreadsheet type oriented, correct? Also, does this app connect to my bank and brokerage acct to download transactions? One of my brokerage accts trades frequently and entering all that by hand would be a big chore? Quicken seems to do this much more efficiently.
Ken

    On Friday, March 27, 2020, 11:33:18 AM MST, David Carlson <david.carlson.417 at gmail.com> 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 



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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