Assume you use the "stock" account type, and follow the proceedure to build a stock commodity, set the price in the price editor, etc. When you sell the stock, for a profit, how does this income get accounted for? Is the stock account itself a pseudo-income account?
It seems to me that stocks could be tracked in GC the same way we handle Fixed Assets, starting with a regular asset account. Then, upon selling the stock, you would record an income transaction into the stock asset account, then record a transaction from the stock asset account to your bank account.
Just thinking out loud. Any thoughts out there on this?
-- -**-*-*---*-*---*-*---*-----*-*-----*---*-*---*-----*-----*-*-----*--- Jon Lapham <[EMAIL PROTECTED]> Rio de Janeiro, Brasil Work: Extracta Moléculas Naturais SA http://www.extracta.com.br/ Web: http://www.jandr.org/ ***-*--*----*-------*------------*--------------------*---------------
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