[GNC] asset discrepancy in change of year

[Andrea Borgia]

Il 17/04/21 19:47, John Ralls ha scritto:


> But if you sold only 50 shares Trading:XYZ would have a balance of -50 and Trading:EUR has a balance of €400. To find the capital gain you have to compute the basis of the remaining 50 shares and subtract it from the Trading:EUR balance.

Yes, that's why I said "for closing 2020": I understood it was a special 
case and I actually wrote to my future self a memo explaining why the 
year-end closing is the way it is.

For 2021, especially if a sale occurs, I'll try to record it properly.


> So rather than getting you in trouble with the tax authorities the consequences would be in the time spent on figuring out why your numbers and theirs are different.

Why would that be the case? I have no way to calculate the tax amount 
from within gnucash, I'm simply going to take what the bank debits and 
record it.


The one issue I have with the way the bank records costs (not taxes) is 
that the fixed fee paid on purchase of a fund is lumped together with 
the investment amount, so they have a slightly different share price 
from mine.

I chose to record the expense the moment it is incurred, that is at 
purchase time.

I might as well follow their lead, if else to make my life easier still, 
but this should be just a matter of preference, right?


Thanks,

Andrea.