Robert, RE: *Fava's unrealized gain/loss report will show the PnL from the balance sheet value (i.e. the cost plus accumulated depreciation or capital improvements).*
Can you please can you please point me to this *Fava's unrealized gain/loss report. *I did some looking around, but could not find it. I can see, that there is a normal unrealized gains plugin <https://github.com/beancount/beancount/blob/v2/beancount/plugins/unrealized.py>, but I understand you meant something else Regards. On Saturday, February 11, 2023 at 6:18:28 PM UTC+1 Robert S wrote: You would track a house the same way. Except most people do not depreciate their homes, but instead spend money on capital improvements: 2022-01-01 * "House" "Purchase" Assets:Bank:MyBank -500,000 EUR Expenses:Property:AcquisitionFees 50,000 EUR Assets:Property:Address 1 HOUSE.ADDRESS {450,000 EUR} 2022-06-01 * "House" "New Roof" Assets:Bank:MyBank -30,000 EUR Assets:Property:Address 30,000 EUR The price of the house and the car both depend on the market; that's what I mentioned at the bottom of my previous message. Any time you receive market information about the current price of an asset, you can insert a price directive for it: 2021-06-01 price CAR.MAKEMODEL 17,500 EUR 2022-07-01 price HOUSE.ADDRESS 465,000 EUR Fava's unrealized gain/loss report will show the PnL from the balance sheet value (i.e. the cost plus accumulated depreciation or capital improvements). - Robert P.S. I also use a plugin to automate inserting the adjusting entries for depreciation and amortization. I just wanted to illustrate the manual process in my first reply. On Saturday, February 11, 2023 at 4:26:05 AM UTC-5 char wrote: Ok, thank you very much for all your comments! But what about for instance buying a house? House can go up in price and it does depend on the market. How would you track buying the house? On Saturday, February 11, 2023 at 3:44:26 AM UTC+1 Red S wrote: On Friday, February 10, 2023 at 4:48:15 PM UTC-8 Robert S wrote: The transactions would look like: 2020-01-01 * "Car" "Purchase" Assets:Bank:MyBank -20,000 EUR Assets:Equipment:Vehicles 1 CAR.MAKEMODEL {20,000 EUR} 2020-12-31 * "Car" "Depreciation Expense" Assets:Equipment:Vehicles Expenses:AccumulatedDepreciation 2,000 EUR 2021-12-31 * "Car" "Depreciation Expense" Assets:Equipment:Vehicles Expenses:AccumulatedDepreciation 2,000 EUR Above is how I do it as well. I use the effective_date plugin <https://github.com/redstreet/beancount_reds_plugins/tree/main/beancount_reds_plugins/effective_date> to automate the above. -- 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/b146e838-d20f-413d-af11-2693f33d0a4bn%40googlegroups.com.
