[GNC] Trading accounts

[David T.]

The thread I started, with the title "Evil Lots Behavior" was about the Gnucash *Lots* feature, which is designed to "assist" users in the management of individual lots of stock and mutual fund shares. (For the record, the lots feature will change reconciled gains transactions without notification, something I believe to be a dangerous bug...)

You suggested that the OP consult that thread. I'm saying it's not the same problem, and the ELB thread has nothing to do with trading accounts. 

David T. 

On July 27, 2022 2:46:34 PM GMT+03:00, Geoff <cleanoutmyshed at gmail.com> wrote:
>Lots.
>
>(And they aren't really evil, just wilful).
>
>;--))
>
>Geoff
>=====
>
>On 27/07/2022 8:36 pm, David Carlson wrote:
>> This has confused me.  Is the recent thread titled "
>> [GNC] Evil Lots Behavior" about lots or trading accounts?
>> 
>> On Wed, Jul 27, 2022 at 12:10 AM David T. <sunfish62 at yahoo.com> wrote:
>> 
>>> David C.
>>> 
>>> Trading accounts are not the same as lots. Different concept, different
>>> code. Just a for instance: trading accounts are turned on by book; lots can
>>> be enabled by account.
>>> 
>>> David T.
>>> 
>>> On July 27, 2022 3:33:37 AM GMT+03:00, David Carlson <
>>> david.carlson.417 at gmail.com> wrote:
>>>> 
>>>> I believe that you are witnessing first hand why trading accounts are not
>>>> enabled by default,  i.e. they create a royal mess in your trading history.
>>>> 
>>>> You might want to re-read the recent thread about evil trading accounts.
>>>>   They may work ok for some users who's documentation goals align with the
>>>> design parameters of TA's.
>>>> 
>>>> Other users will prefer to continue either manually tracking lots in
>>>> external spreadsheets or trusting their brokers back rooms to do it for
>>>> them.
>>>> 
>>>> Oh, I am neither a developer nor an accountant, just a long term user.
>>>> 
>>>> On Tue, Jul 26, 2022, 5:47 PM Fred Tydeman <tydeman.fred at gmail.com> wrote:
>>>> 
>>>>   Over the past several months, I have been importing Quicken data into
>>>>>   GnuCash.  There is about 6 years of data and lots of transactions.  Besides
>>>>>   normal income and expenses, that data involved many different stocks and
>>>>>   many different currencies.  Recently, I saw a reference to "Trading"
>>>>>   accounts.  I have now enabled that feature.  Based on reading
>>>>>   https://www.mathstat.dal.ca/~selinger/accounting/tutorial, I believe that
>>>>>   my old transactions that involve currencies (and maybe stocks and other
>>>>>   assets whose value varies) were done wrong.
>>>>> 
>>>>>   Do I need to redo old transactions involving currencies?
>>>>>   Do I need to redo old transactions involving stocks?
>>>>>   Do I need to redo old transactions involving any assets whose price
>>>>>   varies?  This probably depends upon the asset, eg. no for Real Estate.
>>>>> 
>>>>>   Is there an easy way to fix the mess I have created?
>>>>> 
>>>>>   Aside:  I do not recall any mention of trading accounts in the Tutorial
>>>>>   early on when it talked about setting up the Chart of Accounts.
>>>>> 
>>>>>   What is the reason that Trading accounts are not turned on by default?
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>>