Ash makes sense thanks! On Mon, May 3, 2021 at 8:15 AM Ismael Bouya <[email protected]> wrote:
> Hi, > There is a section about that in the manual ;) > https://www.ledger-cli.org/3.0/doc/ledger3.html#Buying-and-Selling-Stock > > In your case, that would be something like: > 2021-01-04 * "Fee" > Assets:TraditionalIRA -1 TRADIRA {1 USD} @ 0.50 USD > Expenses:Fees 0.50 USD > Expenses:Capital losses 0.50 USD > > Here is how to see it: during that "fee", you’re actually "selling" one > action (TRADIRA) to pay that fee. > However that action is worth 0.50USD less than before, so had actually > two expenses: one for the fee (0.50 USD) and one for the loss of capital > which gets activated at that time (0.50 USD) > > The capital loss expense didn’t appear so far because you didn’t "spend" > them: as long as you keep them as TRADIRA, you don’t have any loss or > gain or capital, and the expense (or the reverse Income:Capital Gains) > only occurs when you actually do something of the action (in your case, > "pay something with it"). > > > (Sat, May 01, 2021 at 06:23:54PM -0700) Aaron Stacy : > > Hi everyone, I'm trying to book a 401k fee. I'm using beancount, but > > hopefully the syntax is similar enough: > > > > ; Assume the price for TraditionalIRA was $1/share when purchased > > 2021-01-03 balance Assets:TraditionalIRA 10 TRADIRA > > > > ; Now the broker wants to charge $0.50 in fees, and the price of > > TraditionalIRA > > ; has dropped to $0.50/share. For tax purposes, the cost basis is all > > ; essentially zero, so (presumably to keep things simple) they just > deduct > > ; (fee / share price) from the shares. > > 2021-01-04 * "Fee" > > Assets:TraditionalIRA -1 TRADIRA @ 0.50 USD > > Expenses:Fees 0.50 USD > > > > 2021-01-05 balance Assets:TraditionalIRA 9 TRADIRA > > > > The problem is this is ambiguous about the cost basis now. It may not > > matter for tax purposes, but I care. I'd like to simply deduct the 1 > > TRADIRA share from the lot purchased at $1/share, but that doesn't > balance: > > > > 2021-01-04 * "Fee" > > Assets:TraditionalIRA -1 TRADIRA {1 USD} @ 0.50 USD > > Expenses:Fees 0.50 USD > > ; This transaction is -0.50 from balancing > > > > So I suppose this makes sense since, because the price went down, I lost > 50 > > cents, so that should come from somewhere. > > > > What's a good account to take this from? Maybe Income:TraditionalIRA? > > > > -- > > > > --- > > You received this message because you are subscribed to the Google > Groups "Ledger" group. > > To unsubscribe from this group and stop receiving emails from it, send > an email to [email protected]. > > To view this discussion on the web visit > https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com > . > > > Hi everyone, I'm trying to book a 401k fee. I'm using beancount, but > > hopefully the syntax is similar enough: > > ; Assume the price for TraditionalIRA was $1/share when purchased > > 2021-01-03 balance Assets:TraditionalIRA 10 TRADIRA > > ; Now the broker wants to charge $0.50 in fees, and the price of > > TraditionalIRA > > ; has dropped to $0.50/share. For tax purposes, the cost basis is all > > ; essentially zero, so (presumably to keep things simple) they just > deduct > > ; (fee / share price) from the shares. > > 2021-01-04 * "Fee" > > Assets:TraditionalIRA -1 TRADIRA @ 0.50 USD > > Expenses:Fees 0.50 USD > > 2021-01-05 balance Assets:TraditionalIRA 9 TRADIRA > > The problem is this is ambiguous about the cost basis now. It may not > > matter for tax purposes, but I care. I'd like to simply deduct the 1 > > TRADIRA share from the lot purchased at $1/share, but that doesn't > > balance: > > 2021-01-04 * "Fee" > > Assets:TraditionalIRA -1 TRADIRA {1 USD} @ 0.50 > USD > > Expenses:Fees 0.50 USD > > ; This transaction is -0.50 from balancing > > So I suppose this makes sense since, because the price went down, I > lost > > 50 cents, so that should come from somewhere. > > What's a good account to take this from? Maybe Income:TraditionalIRA? > > > > -- > > > > --- > > You received this message because you are subscribed to the Google > Groups > > "Ledger" group. > > To unsubscribe from this group and stop receiving emails from it, > send an > > email to [1][email protected]. > > To view this discussion on the web visit > > [2] > https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com > . > > > > References > > > > Visible links > > 1. mailto:[email protected] > > 2. > https://groups.google.com/d/msgid/ledger-cli/d1750d80-b867-4dc0-be8b-ed8e223ae266n%40googlegroups.com?utm_medium=email&utm_source=footer > > > > -- > Ismael > > -- > > --- > You received this message because you are subscribed to a topic in the > Google Groups "Ledger" group. > To unsubscribe from this topic, visit > https://groups.google.com/d/topic/ledger-cli/rHgn5MVCkC0/unsubscribe. > To unsubscribe from this group and all its topics, send an email to > [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/ledger-cli/20210503131518.bhzlen2lcjklg2lo%40dilion > . > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. 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