Hi Stan / Murugan all, Thanks for picking up and providing your insight. That was very helpful. I would assume that options and stocks I have not exercised yet cannot get managed in gnucash? Only when exercising options into stocks or selling stock or options?
The objective with gnucash is that I want to manage personal finances; expense control, planning, etc.. Best regards, Wolfgang Rauchholz +34 627 994 977 https://www.linkedin.com/in/wolfgangrauchholz/ On Tue, Apr 4, 2023 at 8:07 PM Stan Brown <[email protected]> wrote: > > On 2023-04-04 10:40, Wolfgang Paul Rauchholz wrote: > > Fairly new to gnucash and not a finance export, I want to run all my > > personal finances with this great tool. > > > > I installed 5.0 by compiling it under fedora core 37. > > > > I started adding normal daily expenses and all look fine. > > > > One of the doubts I have is how do I correctly add a company plan for > stock > > options and stock plan that get vested/distributed every year. As I don't > > buy them there is no cash leaving my bank account. > > The options and stocks are part of your compensation as an employee, > right? As such, the accounting would be similar to your accounting for > your paycheck. > > Your paycheck (ignoring tax withholding) is > Debit: Cash or Bank account > Credit: Employee income > > The stocks would be > Debit: Stock in Company X > Credit: Employee income > and similarly for the options. With stocks and options you'll want to > know number of shares and share prices so that you can compute gains and > losses when you sell them. If they aren't fully vested you will want to > note the vesting date as well. > > You'll probably want to have separate accounts for stocks in the company > and stock options. To simplify computing your income tax, you may want > to have separate income accounts for income in money and income in > securities; they could both be subaccounts under an Employee Income > account. > > The usual disclaimer: I don't know your tax situation or any legal > requirements for how you may need to account for all of this. > > Stan Brown > Tehachapi, CA, USA > https://BrownMath.com > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
