I began working on it:
https://bitbucket.org/blais/beancount/commits/004249d3aece6739dd29f7b612b9b60b9458e68e?at=conversions

I still need to
- Test the inventory (using a simple map() call of the new functions to its
builder)
- Convert all the old code to these (and make sure everything still works)
- Remove the old code
- Migrate prices to from b.ops to b.core (because this makes use of prices
in the core).

The holidays will give me a bit more time as well. I plan to try to finish
the two missing documents and hack on some of the loose ends, like this,
and issue #145.



On Wed, Dec 21, 2016 at 4:37 PM, Jason Chu <[email protected]> wrote:

> Any idea when you'll be able to make these sorts of changes?  Given the
> holidays, I may have slightly more time to work on the fava side of it if I
> had a market value method I could use.
>
> I just realized it would also have to be plumbed through bean-query
> because I also have queries that pull together all my "retirement" savings
> and give me one number that I'd like to have in market value as well.  That
> part could wait though.
>
> On Thu, Dec 8, 2016 at 8:28 AM Martin Blais <[email protected]> wrote:
>
>> This is where the "weight" of a posting is currently calculated:
>> https://bitbucket.org/blais/beancount/src/c796e5e34b8fbd05862847ff809c12
>> 40130c59e0/src/python/beancount/core/interpolate.py?
>> at=default&fileviewer=file-view-default#interpolate.py-57
>> A function to compute the market value from an Inventory should be next
>> to it.
>>
>> I should make a function next to it which accepts a price_map and a date
>> and which computes the market value from it. I'm sure I have two or three
>> versions of this all over, e.g.,
>> https://bitbucket.org/blais/beancount/src/c796e5e34b8fbd05862847ff809c12
>> 40130c59e0/src/python/beancount/ops/holdings.py?at=
>> default&fileviewer=file-view-default#holdings.py-476
>> (Note: The concept of Holding will go away at some point, and be replaced
>> with a set of Posting objects, creating Holding was a mistake.)
>>
>> I'll add a function for you, somewhere in the core. I think the Right
>> Thing I need to do is review the redundant calculations of cost, weight and
>> market value and refactor some things to have a single location where they
>> all are next to each other. That would clean up code. I'll do that.
>>
>>
>>
>> On Wed, Dec 7, 2016 at 2:14 PM, Jason Chu <[email protected]> wrote:
>>
>> Proposal: Add market(self, date) method to Inventory (
>> https://bitbucket.org/blais/beancount/src/c796e5e34b8fbd05862847ff809c12
>> 40130c59e0/src/python/beancount/core/inventory.py?
>> at=default&fileviewer=file-view-default#inventory.py-68) and add a
>> switch somewhere in fava to toggle between cost and market values.
>>
>> Background
>>
>> Given the discussions in https://github.com/beancount/fava/issues/129
>>  and https://github.com/beancount/fava/issues/242, I think I understand
>> the problem enough to try to explain it.
>>
>> Right now when we generate balances and charts, we always use the cost of
>> the inventory.  It is apparently the correct accounting method, but it also
>> doesn't change over time.  Currently the way to see commodities at cost is
>> to use something like the unrealized plugin (or my multi-month version of
>> it https://github.com/xentac/beancount-plugins-xentac).  Unfortunately
>> this isn't ideal.
>>
>> The ideal situation, as Martin points out is to convert to market value
>> at a particular date instead of at cost.  The market method on Inventory
>> would have to take a date upon which to look up the nearest price in the
>> price db.  Perhaps the default could even be today's date, so you could
>> just render everything at today's value if you wanted (would work great for
>> fava balances).
>>
>> There's one question I have though.  Would I have to create some sort of
>> Equity transaction that balanced out the transactions or is it enough to
>> consider market rates as "magical" value that's added only at
>> display/evaluation time?
>>
>> I don't mind doing this work, I think I understand the problem well
>> enough to execute it.
>>
>> Thoughts?
>>
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