You need to record two transactions in one; one that records the sale, and one that records the gain/loss. However it is possible that this doesn't work very well.
-derek Daniel Hannum <[EMAIL PROTECTED]> writes: > Is there any truly correct way to record a security sale as Gnucash is > now? It seems that "stock" accounts are essentially useless, and I > doubt that, given that it is widely used > > Fabien COELHO wrote: > > >>However, it seems to be lacking in one area. Consider buying and > >>selling stock. I buy $100 of stock, so I transfer $100 from my bank > >>account into a stock account that is using a particular commodity (that > >>I defined). Now suppose that the price of that commodity increases so > >>that my investment is now worth $200. I can now sell the stock by > >>transferring $200 out of that stock account back into my bank account. > >>And just like that, my books are no longer balanced. Gnucash has allowed > >>me to increase my assets by $100 without recording any income. > >> > > > >This is a long-standing issue raised quite often. > > > >My understanding is that > > > >(1) The report generation should take care of the accounting of > >commodities related incomes/losses, but it lacks some information on how > >to do it, information that should be provided by a "lot" management (a lot > >is a group of related transactions on a given commodity, you tell that the > >one you sold are those you bought at this date). I think this is still > >under developpement. > > > >(2) Another way of doing it is to keep separate accounts for the financial > >value and the count of commodities, but this is not the way the accounting > >management of gnucash is designed. > > > >So the answer is "wait and hope";-) > > > > > > > _______________________________________________ > 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
