[GNC] Share Values recording

[Adrien Monteleone]

Do you simply want to track activity but are not concerned with 
individual share counts and prices?

If that is the case, then a basic account of type Asset would do.

You then make your entries as needed just like the Pen & Paper method.

I'm sure there are plenty of resources online to demonstrate the basic 
Dr/Cr examples for the various events. (buying, selling, recording 
gain/loss, receipt of dividends, etc.)

The Guide (and I think Help too) already covers simple investments.

You only need to use accounts of type Stock if you really want *and 
need* (as Michael pointed out) to track cost-basis for tax purposes when 
determining gain/loss.

If tax implications are not at play here, certainly a simple asset 
account would work. (you'll need income and possibly equity accounts 
here too depending on your needs, maybe even some expense accounts as well.)

Regards,
Adrien

On 8/11/22 9:30 AM, Mahon Finbar wrote:
> Hello,
> 
> I am trying to rationalise my shares (or things that have a moving 
> value) holdings.
> 
> I understand the basics of GNU,  in that I have been a user for some 
> time and have been able to record transactions, create reports to 
> satisfy the taxman, etc., but I keep getting bits and pieces of 
> information from the various places where my shares are registered, 
> mostly about values and dividends and the like.
> 
> I have a somewhat random selection of 'accounts' with information about 
> my (relatively small number) of holdings (a word that is a bit strong 
> for my situation)
> 
> What I am aiming to do is get a simple account or accounts where I can 
> just register what I paid, what dividends and other income stuff I may 
> have had and items such as current value.
> 
> Is there a simple source in the 'help' for creating that and what is it 
> called and what does it contain?? If not where should I start??
> 
> Sorry to be a neophyte, but I am a bit frustrated.
> 
> Finbar (located in Europe, but only really dealing in €)