[GNC] Direct Adjustment of Security's Price

[davidcousens49 at gmail.com]

Bite

The transaction to record this, if a profit or increase in value of the security
is to debit the security by the amount of the profit and to credit an income
account by the same amount. For a loss in value creidt the security account and
debit the income amount. The profit or loss is the product of the number of
securites held  and the difference in prices between the date at which you are
recording the unrealized gain/loss and the price at the time you have previously
recorded a gain or loss Ultimately this traces back to the initail purchase
price.

You may find it useful to use a sub-account of the security (of the same type 
account) totalling into the security account to record the unrealized gains and
losses so that you preserve the initial cost basis which you will likely need
for capital gains taxes in most jurisdiction. Unrealized gains and losses are
generally not taxable as income in most jurisdictions, so you would need an
Income account separate from any Income account structure which records income
for taxation purposes.

David Cousens

On Sun, 2022-06-19 at 21:56 +0800, Gao Bite wrote:
> GnuCash developers & Maintainers:
> 
>      Hello! I would like to record the unrealized profit & loss from 
> security investment directly into an income account. Could you please 
> tell me whether I am possible to do as above, and if possible, how I can 
> achieve this?
> 
>      Yours,
> 
>      Bite Gao
> 
> June 19th, 2022
> 
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see 
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.