I am new to gnucash and very new to the mailing list. So please excuse me if
I make any novice errors.
I am getting into this conversation pretty late in the game. There are two
ways of looking at the stock information that you need. Sometimes you will
need to record your stock at the fair market value. When a business reports
its financial statements to banks, the public ect. it requires that certain
accounts be recorded at fair market value, the associated unrecognized gain
or loss gets recorded to the income statement. So having the number of
shares you own in a stock is important. For tax purposes the user needs to
know the historical cost to that when sold the capital gain/loss can be
computed.
Melissa
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