Read my text: IMHO there IS NO SPLIT THAT REPRESENTS THE GAIN/LOSS. The gain/loss is COMPUTED, based on the DIFFERENCE between purchases and sales of a commodity LOT. The lot is balanced when the number of shares hit zero. The gain/loss is the sum of the VALUES of all the splits.
For example, if a lot contains the following three splits: Amount(Shares) Value 50 500 -20 -400 -30 -150 You will notice two things. 1) this lot is "closed" (it has an amount balance of zero) 2) you can compute the loss(gain) as the sum of the values: 500-400-150 = 50 gain You don't need a "balancing" split -- there is nothing to balance. And no, I do NOT believe that you should have a single, unbalanced split to denote losses or gains. -derek "Phillip Shelton" <[EMAIL PROTECTED]> writes: > That still does not address where the balancing entry for the gain/loss is put. (At >least it does not do it for me.) And I thought that was the point of double entry >accounting. I will admit I am very new to the field of making money. > > Maybe, (And you would lean toward this, Derek?) capital gain is allowed to be >"unbalanced"? The balancing entry is the reduction of the "hard" asset. > > -----Original Message----- > The bug (IMHO) is that gnucash is not tying the purchases to the sales > in order to compute the gain/loss. I'm not _AS_ convinced that the > gain/loss MUST imply a split to an income/expense account. > > -derek > > "Phillip Shelton" <[EMAIL PROTECTED]> writes: > > > Is it a bug then that the gain is currently un-balanceable? > _______________________________________________ > gnucash-devel mailing list > [EMAIL PROTECTED] > http://www.gnucash.org/cgi-bin/mailman/listinfo/gnucash-devel -- Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory Member, MIT Student Information Processing Board (SIPB) URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH [EMAIL PROTECTED] PGP key available _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnucash.org/cgi-bin/mailman/listinfo/gnucash-devel
