John, Thanks for fixing the issue on average cost basis in release 3.3. I can now confirm that 3.3 reports balance sheet numbers correctly and my imbalance only shows 0.20 over 18 years of data (instead of 100’s of thousands before).
With this fix and the CSV price importer feature, I have everything I need from GnuCash. Cheers. On 12-Jan-2018, at 8:44 PM, John Ralls <jra...@ceridwen.us<mailto:jra...@ceridwen.us>> wrote: On Jan 12, 2018, at 3:43 AM, Deva - <pobox.d...@outlook.in<mailto:pobox.d...@outlook.in>> wrote: Hello, I am on Mac OS Sierra v10.12.6. Until a few days ago, I was using GnuCash 2.6.6 and just in the last 2 days, I upgraded to the latest version 2.6.19. After running a preliminary test of some of the reports I use for tax reporting purposes, I noticed that the cost basis on one of my mutual funds has changed significantly (see attached screenshot for the transactions on that mutual fund account). Some history on this fund. It used to be called Fidelity Flexi Gilt Fund and I had invested INR 850,000 and accumulated 70,362.427 shares as of 16-Nov-12. But on 23-Nov-2012, Fidelity sold its mutual fund business in India to L&T Mutual Fund and the latter decided to merge Fidelity’s gilt fund into its own - now called L&T Gilt Fund. When this merger happened, I simply used the stock split assistant to reduce the no. of shares by 34,769.081 based on the account statement sent by L&T. As of 2.6.6, the (average) cost basis on the balance sheet report correctly showed INR 850,000 even after the “stock split” transaction. But in the latest version 2.6.19, the balance sheet report shows the same cost basis as 429,978.69. I think it has reduced the cost basis by the cost of the shares reduced from the merger i.e., 34,769.081 shares. This is causing such differences to show up as imbalance in my reports! Has the computation of cost basis changed between these versions? If so, how should I go about accounting for cases such as above to maintain proper cost basis? Odd thing though is that I have a no. of stocks that declared a stock split, but in those cases, the cost basis is correctly maintained even after the split. This behaviour is only seen in mutual fund shares (as far as I can tell). I rely on GnuCash reports for my annual tax reporting, so it’s important that the reports I generate have a proper explanation for the numbers shown. Thanks in advance for your time. Yes, the calculation of average cost changed in 2.6.12 to fix a bug, but that opened another can of worms, see https://bugzilla.gnome.org/show_bug.cgi?id=775368. I intend to have a solution for 3.0 and if you can add the details of your use-case to the bug that will help. Regards, John Ralls _______________________________________________ gnucash-user mailing list gnucash-user@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.
