> On Aug 10, 2023, at 4:13 PM, Eric Altendorf <ericaltend...@gmail.com> wrote: > > > > On Thu, Aug 10, 2023 at 3:12 PM Bakul Shah <ba...@iitbombay.org > <mailto:ba...@iitbombay.org>> wrote: >> [new user here] >> >> Consider this example snippet: >> >> 2023-06-18 * "Buy shares of XYZ" >> Assets:US:ETrade:Cash -110.00 USD >> Assets:US:ETrade:XYZ 10 XYZ {10.00 USD} >> Expenses:Financial:Commissions 10.00 USD >> >> 2023-07-21 * "Sell shares of XYZ" >> Assets:US:ETrade:XYZ -10 XYZ {10.00 USD} @ >> 12.00 USD >> Assets:US:ETrade:Cash 110.00 USD >> Expenses:Financial:Commissions 10.00 USD >> Income:US:ETrade:Gains -20.00 USD //anything >> else yields an error with bean-check >> >> As I understand it, actual capital gains in this case would be 0 when you >> consider the two commissions. > > At least in the US, yes. FWIW, what your ledger currently reflects is that > you made 20 USD in capital gains profits but paid 20 USD in commissions, > which is a legitimate way of looking at things, just not as convenient for > reporting "capital gains" for tax purposes. > >> But if 20 shares were bought originally with a $10 commission, Cap gains >> income would be -5 dollars (since half of the original shares were sold). >> >> Is there a way to reflect the actual capital gains?
Thanks for your response. Through a connection I asked a couple of experienced CPAs the same question and they suggested this:  Not quite what I was hoping for! > > This is apparently not yet figured out. > > See the documentation: > https://beancount.github.io/docs/trading_with_beancount.html#commissions There is a link to a proposal for this but seems broken.... > > Also see my related question from yesterday: > https://groups.google.com/g/beancount/c/WnSDRjmp7k8/m/Srr_jhZpAgAJ -- 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 beancount+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/8ECDDC0D-41C1-47B3-A7D2-68921B64F5E6%40iitbombay.org.
