Many thanks guys! I'm quite new to BC and I need to understand properly the impact on what you are proposing.
Also, I'm trying to program something (report in FAVA) that can produce something like this for my portfolio follow-up and performance. This is implemented in google sheets, I want to port it to FAVA+Beancount -> can you give me some pointers on what api and where to start? And how to map this with what you are proposing on the "transfer" positions. Thanks [image: dashboard.png] On Friday, May 28, 2021 at 7:37:46 AM UTC+2 [email protected] wrote: > Ben nailed it with this being a tax vs. performance tracking issue. To add > to his response, if performance tracking is more important, I'd do a > regular sell transaction followed by a buy transaction, both at current > market prices, and book the Income into a > Income:Capital-Gains:Unrealized-for-Taxes account. When you later realize > it for taxes, move that income from this into a > Income:Capital-Gains:Realized account. > > On Thursday, May 27, 2021 at 12:13:10 PM UTC-7 [email protected] wrote: > >> I think you'll have to make some tradeoffs to represent this. >> For tax tracking purposes, you'll want to keep the total cost basis the >> same. That will let you calculate realized profit when you choose to sell. >> For investment performance purposes, you want to know what price you >> actually bought it at. >> >> Assuming the tax part is more important to you, you can track like this: >> >> 2021-01-01 * "Buy" >> Assets:Brokerage 10 AAA {{10 EUR}}; Buy 10 AAA at 1 EUR each. >> Assets:Bank -10 EUR >> >> 2021-05-01 * "Exchange" >> Assets:Brokerage -10 AAA {1 EUR} ; AAA price is now 2 EUR per unit. >> 20 EUR transfer. >> Assets:Brokerage 4 BBB {{ 10 EUR }} ; BBB current price 5 EUR. Buy 20 >> EUR of BBB, 10 EUR cost. >> >> >> An important downside of this method: Beancount uses the `units * cost` >> as the weight of the posting. That means that if you made a typo and >> exchanged into 40 BBB, Beancount has no way to check that. >> >> On Thu, May 27, 2021 at 1:52 AM Pablo Osers <[email protected]> wrote: >> >>> Hi guys, >>> >>> Quick question, how would you input the internal transfer/switch from >>> one index fund to another without accounting any Gains/Losses. >>> >>> In SPAIN, we can "swap" or "move" the units of one index fund to another >>> without generating any gains/losses until the final SELL operation. >>> >>> Best regards >>> Pablo >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "Beancount" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/beancount/c841c67a-6e0a-41df-8df5-bf913f69fa9an%40googlegroups.com >>> >>> <https://groups.google.com/d/msgid/beancount/c841c67a-6e0a-41df-8df5-bf913f69fa9an%40googlegroups.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/d50f5142-b568-4054-b8d2-e625ec123674n%40googlegroups.com.
