On Sat, Jan 11, 2003 at 10:03:57AM -0600, Glen Ditchfield was heard to remark: > > Shouldn't the adjusting transaction move money from a realized gain account to > the ultimate destination account? I thought stock sales would work like
yes. > this: > - Buy 1 share of RHAT for $5, and record it in the stock account. > - Sell 1 share of RHAT for $9 cash. The transaction would have splits showing yes. > * one share of RHAT sold from the stock account for $5 (the purchase price) no. its sold for $9, not $5. The difference $9-$5 is the realized gain. > * $4 credited (debited? whichever) from a realized gain account > * $9 deposited in the "cash" account. yes. > All transactions involving a lot would use the same price. no. > The GUI should > support sales by having the user pick a realized gain account, and by yes, when a stock account is created, there should be a place to select the 'default realized-gain income account' > automatically subtracting the purchase price from the sale price. yes, that is what 'double-balancing the lot' would do. --linas -- pub 1024D/01045933 2001-02-01 Linas Vepstas (Labas!) <[EMAIL PROTECTED]> PGP Key fingerprint = 8305 2521 6000 0B5E 8984 3F54 64A9 9A82 0104 5933 _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnucash.org/cgi-bin/mailman/listinfo/gnucash-devel
