On Sun, Jul 23, 2023 at 1:59 AM Mark Scannell <mesca...@gmail.com> wrote:

> Hello -
>
> I'm based in the UK and looking to use beancount and Fava. I'm not fussed
> about bean count tracking taxable capital gains (that's separate), but it's
> nice for it to present current market value over the average acquisition
> cost.
>
> The approach I'm taking:
>
>    - Use booking method NONE.
>    - Use an explicit cost at acquisition time (normally the price).
>    - Use an explicit cost at disposal time. This may be for non-taxable
>    accounts the market price, but for taxable it will be the capital gains
>    cost basis.
>
> This appears to work reasonably, calculating the average acquisition cost.
>
> It would be wonderful for it to track UK capital gains, but for I think
> major changes to how booking is done -- I suspect it would need to be out
> of the parser and in a separate module/plugin all together.
>

I'm not familiar with UK cap gains.  What's missing to compute it?  And
what does it mean that you want UK cap gains, but you aren't worried about
taxable cap gains?

you've seen
https://beancount.github.io/docs/trading_with_beancount.html#realized-and-unrealized-pl
https://beancount.github.io/docs/trading_with_beancount.html#reporting-unrealized-pl
yes?


> For now I just need to mark the explicit cost at disposal time to the
> appropriate capital gains cost basis.
>
> Mark
>
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