When you say "pair" the accounts, is this just a convention? Or is there some functionality to associate them?
On Tue, May 4, 2021 at 3:45 PM psionl0 <gsch...@iinet.net.au> wrote: > It would be clearer to split the TraditionalIRA account into four > sub-accounts: > Assets:TraditionalIRA:Purchase Price > Assets:TraditionalIRA:Plus Appreciation > Assets:TraditionalIRA:Less Depreciation > Assets:TraditionalIRAl:Less Fees > > These would be paired with one of the following income/expense accounts: > Income:Appreciation > Expenses:Depreciation > Expenses:Fees > > A balance report would instantly give the net value of > Assets:TraditionalIRA after accounting for fees and depreciation. > On Wednesday, May 5, 2021 at 12:11:50 AM UTC+8 Aaron Stacy wrote: > >> Ash makes sense thanks! >> >> On Mon, May 3, 2021 at 8:15 AM Ismael Bouya <ism...@bouya.org> wrote: >> >>> Hi, >>> There is a section about that in the manual ;) >>> https://www.ledger-cli.org/3.0/doc/ledger3.html#Buying-and-Selling-Stock >>> >>> In your case, that would be something like: >>> 2021-01-04 * "Fee" >>> Assets:TraditionalIRA -1 TRADIRA {1 USD} @ 0.50 USD >>> Expenses:Fees 0.50 USD >>> Expenses:Capital losses 0.50 USD >>> >>> Here is how to see it: during that "fee", you’re actually "selling" one >>> action (TRADIRA) to pay that fee. >>> However that action is worth 0.50USD less than before, so had actually >>> two expenses: one for the fee (0.50 USD) and one for the loss of capital >>> which gets activated at that time (0.50 USD) >>> >>> The capital loss expense didn’t appear so far because you didn’t "spend" >>> them: as long as you keep them as TRADIRA, you don’t have any loss or >>> gain or capital, and the expense (or the reverse Income:Capital Gains) >>> only occurs when you actually do something of the action (in your case, >>> "pay something with it"). >>> >>> >>> (Sat, May 01, 2021 at 06:23:54PM -0700) Aaron Stacy : >>> > Hi everyone, I'm trying to book a 401k fee. I'm using beancount, but >>> > hopefully the syntax is similar enough: >>> > >>> > ; Assume the price for TraditionalIRA was $1/share when purchased >>> > 2021-01-03 balance Assets:TraditionalIRA 10 TRADIRA >>> > >>> > ; Now the broker wants to charge $0.50 in fees, and the price of >>> > TraditionalIRA >>> > ; has dropped to $0.50/share. For tax purposes, the cost basis is all >>> > ; essentially zero, so (presumably to keep things simple) they just >>> deduct >>> > ; (fee / share price) from the shares. >>> > 2021-01-04 * "Fee" >>> > Assets:TraditionalIRA -1 TRADIRA @ 0.50 USD >>> > Expenses:Fees 0.50 USD >>> > >>> > 2021-01-05 balance Assets:TraditionalIRA 9 TRADIRA >>> > >>> > The problem is this is ambiguous about the cost basis now. It may not >>> > matter for tax purposes, but I care. I'd like to simply deduct the 1 >>> > TRADIRA share from the lot purchased at $1/share, but that doesn't >>> balance: >>> > >>> > 2021-01-04 * "Fee" >>> > Assets:TraditionalIRA -1 TRADIRA {1 USD} @ 0.50 >>> USD >>> > Expenses:Fees 0.50 USD >>> > ; This transaction is -0.50 from balancing >>> > >>> > So I suppose this makes sense since, because the price went down, I >>> lost 50 >>> > cents, so that should come from somewhere. >>> > >>> > What's a good account to take this from? Maybe Income:TraditionalIRA? >>> > >>> > -- >>> > >>> > --- >>> > You received this message because you are subscribed to the Google >>> Groups "Ledger" group. >>> > To unsubscribe from this group and stop receiving emails from it, send >>> an email to ledger-cli+...@googlegroups.com. >>> > To view this discussion on the web visit >>> https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com >>> . >>> >>> > Hi everyone, I'm trying to book a 401k fee. I'm using beancount, but >>> > hopefully the syntax is similar enough: >>> > ; Assume the price for TraditionalIRA was $1/share when purchased >>> > 2021-01-03 balance Assets:TraditionalIRA 10 TRADIRA >>> > ; Now the broker wants to charge $0.50 in fees, and the price of >>> > TraditionalIRA >>> > ; has dropped to $0.50/share. For tax purposes, the cost basis is >>> all >>> > ; essentially zero, so (presumably to keep things simple) they just >>> deduct >>> > ; (fee / share price) from the shares. >>> > 2021-01-04 * "Fee" >>> > Assets:TraditionalIRA -1 TRADIRA @ 0.50 USD >>> > Expenses:Fees 0.50 USD >>> > 2021-01-05 balance Assets:TraditionalIRA 9 TRADIRA >>> > The problem is this is ambiguous about the cost basis now. It may >>> not >>> > matter for tax purposes, but I care. I'd like to simply deduct the 1 >>> > TRADIRA share from the lot purchased at $1/share, but that doesn't >>> > balance: >>> > 2021-01-04 * "Fee" >>> > Assets:TraditionalIRA -1 TRADIRA {1 USD} @ >>> 0.50 USD >>> > Expenses:Fees 0.50 USD >>> > ; This transaction is -0.50 from balancing >>> > So I suppose this makes sense since, because the price went down, I >>> lost >>> > 50 cents, so that should come from somewhere. >>> > What's a good account to take this from? Maybe >>> Income:TraditionalIRA? >>> > >>> > -- >>> > >>> > --- >>> > You received this message because you are subscribed to the Google >>> Groups >>> > "Ledger" group. >>> > To unsubscribe from this group and stop receiving emails from it, >>> send an >>> > email to [1]ledger-cli+...@googlegroups.com. >>> > To view this discussion on the web visit >>> > [2] >>> https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com >>> . >>> > >>> > References >>> > >>> > Visible links >>> > 1. mailto:ledger-cli+...@googlegroups.com >>> > 2. >>> https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com?utm_medium=email&utm_source=footer >>> >>> >>> >>> -- >>> Ismael >>> >>> -- >>> >>> --- >>> >> You received this message because you are subscribed to a topic in the >>> Google Groups "Ledger" group. >>> To unsubscribe from this topic, visit >>> https://groups.google.com/d/topic/ledger-cli/rHgn5MVCkC0/unsubscribe. >>> To unsubscribe from this group and all its topics, send an email to >>> ledger-cli+...@googlegroups.com. >>> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/ledger-cli/20210503131518.bhzlen2lcjklg2lo%40dilion >>> . >>> >> -- > > --- > You received this message because you are subscribed to a topic in the > Google Groups "Ledger" group. > To unsubscribe from this topic, visit > https://groups.google.com/d/topic/ledger-cli/rHgn5MVCkC0/unsubscribe. > To unsubscribe from this group and all its topics, send an email to > ledger-cli+unsubscr...@googlegroups.com. > To view this discussion on the web visit > https://groups.google.com/d/msgid/ledger-cli/8dfa5fe1-8cf4-4fdc-9107-9b2e5c60636en%40googlegroups.com > <https://groups.google.com/d/msgid/ledger-cli/8dfa5fe1-8cf4-4fdc-9107-9b2e5c60636en%40googlegroups.com?utm_medium=email&utm_source=footer> > . > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. 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