[GNC] unrealized gain / losses for mutual funds

[Andrea Borgia]

Il 19/05/22 00:50, davidcousens49 at gmail.com ha scritto:
> You need a sub account of your asset account and a corresponding account in
> Equity which you could call a revaluation reserve or something similar. This
> account can be either in Equity itself or could be an Income or Expense account
> (which is included in profit and loss). Which is appropriate to use depends upon
> many factors, the asset, the rules that apply to that asset class in your
> jurisdiction including tax legislation etc., whether the gains or losses are or
> are not taxable (generally not but as Mike points out not always). These sort of
> considerations with regard to the reporting requirements will determine exactly
> where in an account heirarchy this account should be positioned. This is where
> you need accounting advice relevant to your jurisdiction and your personal
> situation.

Thank you, David: this is what I was looking for! Automation isn't 
really worth the effort for my use case, planned use is only at year end.

In light of this, would your suggestion be better, equivalent or worse 
than recording a fake sale? After all, in the following year I am 
already recording a fake purchase (at the same price, the same amount of 
shares and the same overall value).


Andrea.