Hi! My employer has a stock grant program. Every ~3 months, some of the stock vests and I get it in a broker account.
I think the most natural way to describe this would be to have an income account denominated in the stock, and when some stock vests, doing a transfer from it with the right number of stocks into my broker account. Unfortunately it looks like you can't create an income account denominated in a security. The UI only allowed me to select currencies. I've looked a bit into the GnuCash guide explanation of stocks. That went only over inserting actual transactions exchanging money for stock, and didn't mention any way to "materialize stocks without money" So, what I think I'll do for the time being is when my stock vests, I look up the daily price, and create a transaction transferring the right number of stock from an income account denominated in USD into my broker account, at the daily rate. That works, but I sort of don't like that it doesn't really represent reality, in that the income I received were the stocks themselves - not money that I converted into stocks. I don't like the same thing about representing my opening balance. My stock history goes back a long time, so now that I'm trying out GnuCash, I want to start the books from the start of 2021. Again, it looks like the only way I can create the opening balance on my stock accounts is by taking the daily price at 2021-01-01, and transferring from Equity:Opening Balances:USD into stock accounts, with the proper amount. Is there some basic reason why income accounts cannot be denominated as a security? Does anyone have any other way to represent these stock transactions which are not "really" either buys or sells (like stock grants / opening balances), or does everyone just do it this way (by "pretending those are buys/sells")? Maybe there's some reason why doing it the way I'd imagine would be broken? Thanks for any thoughts :) -- Rai _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
