On 1/5/22 5:29 PM, Chris Good wrote:
Message: 9
Date: Wed, 5 Jan 2022 09:16:50 -0500
From: Dustin Henning <gcul...@mynym.us>
To: "gnucash-user@gnucash.org" <gnucash-user@gnucash.org>
Subject: [GNC] Proper Way to Record Capital Gains/Losses?
Message-ID: <e7390eaa-4ded-6919-1545-4bd4a69c0...@mynym.us>
Content-Type: text/plain; charset=UTF-8; format=flowed
Up until about 6 months ago, I was running an old 2.x version of
GnuCash, but when I upgraded from Win7 to MacOS Big Sur, I also upgraded
GnuCash, and I'm currently running 4.9.? Yesterday, I went to record my
first capital gain/loss transaction since that move, and I found that
the method I am using no longer works.? I thought I started using the
method I was previously using based on documentation and/or advice from
here, but that may not be the case.
Historically, I have posted two separate transactions in the stock/fund
account.
The first transaction was a normal transaction removing the number of
shares sold from the stock/fund account and adding the amount of
currency received to the brokerage account, so in a theoretical
transaction selling 10 shares @ $10 with a $1 commission, the split
would look like this (using - for null fields):
Account ?? Shares??? Price??? Buy??? Sell
Stock????? 10??? ??? 9.9?? ?? -????? 99
Brokerage? -??? ???? -??????? 99???? -
The second transaction was only to tie the capital gain to the
stock/fund account, and it would look like this for a $10 short term
gain (again using - for null fields):
Account Shares??? Price??? Buy??? Sell
Stock????? -???????? -??????? 10???? -
STCG?????? -???????? -??????? -????? 10
The buy/sell columns would be reversed for a loss.? IIRC, all I had to
do in order to enter this transaction in 2.x was remove a default 1 from
one of the columns, but there is no longer a default 1 to remove and the
stock/fund side of the split always calculates for the Shares and Price
columns in this scenario (I don't even see a way to bypass that when
entering from the relevant capital gain/loss account).? As I can't
figure out a way to enter a transaction like this in 4.9, I assume the
method I have used historically is incorrect.? I noticed that the Shares
and Price columns don't calculate on both sides of the split if I
accidentally use the same account on both sides, so I thought maybe I
could merge the two transactions moving forward, but it seems those
columns do calculate on both split entries for the stock/fund account
when I try to set it up as a four way split.
The good news is my old transactions don't break when I look at them,
but I need a path forward regardless of whether or not I need to adjust
past transactions.? Assuming the behavior I'm dealing with isn't a bug
(and I've been doing this wrong), could someone advise on how I should
do this moving forward or point me at the correct documentation?
------------------------------
Dustin,
I think this is the same problem as reported in
https://bugs.gnucash.org/show_bug.cgi?id=798406 :
4.9 inappropriately converts dollars to shares at $1 a piece in pure cash
transactions
Regards, Chris Good
That is exactly it, and the workaround of entering a 0 for price takes
care of my immediate concern. I thought about searching for a bug
first, but second-guessed myself since it hadn't been discussed on
list. Thank you for posting it here,
Dustin Henning
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