thanks for your response. sounds like it is more spreadsheet type oriented,
correct? Also, does this app connect to my bank and brokerage acct to download
transactions? One of my brokerage accts trades frequently and entering all that
by hand would be a big chore? Quicken seems to do this much more efficiently.
Ken
On Friday, March 27, 2020, 11:33:18 AM MST, David Carlson
<[email protected]> wrote:
Ken,
One issue that may be of concern to you is the way Gnucash tracks capital
gains. It cannot follow tax law definitions exactly by default as that
requires tracking expenses such as fees in a very complex way to apply partial
fees to the cost basis when partial closing transactions occur.
Many users track cost basis separately, especially if they have "lots" of
transactions [pun intended]. See discussions about lot tracking for more
details.
David Carlson
On Fri, Mar 27, 2020, 11:09 AM Alton Brantley <[email protected]> wrote:
I was in the same boat, and made the conversion, and would never go back.
There are a few steps to take to accomplish the migration, and to understand
the conceptual differences between the two programs.
However, it’s worth it once you get the process working for you.
If you have any questions, you can always contact this list or look up past
responses to similar questions in the archives.
> Date: Fri, 27 Mar 2020 05:20:43 +0000 (UTC)
> From: Ken Cohen <[email protected] <mailto:[email protected]>>
> To: "[email protected] <mailto:[email protected]>"
> <[email protected] <mailto:[email protected]>>
> Subject: [GNC] looking for quicken alternative
> Message-ID: <[email protected]
> <mailto:[email protected]>>
> Content-Type: text/plain; charset=UTF-8
>
> I have used Quicken for well over 15 years but continue to have problems with
> the software. I am looking for a replacement that can download transactions
> from my bank and Schwab brokerage and maintain detail security information
> including lots purchased and cost basis. Is gnucash a program that can
> accommodate that?thanks,Ken
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