> When you say "pair" the accounts, is this just a convention? Or is there some functionality to associate them?
It is just a case of a gain in the value of an asset comes from income and a loss of value of an asset is an expense. Your original transactions would be recorded as 2021-01-04 * "Depreciation" Assets:TraditionalIRA:Less Depreciation 5.00 USD Expenses:Depreciation 5.00 USD 2021-01-04 * "Fee" Assets:TraditionalIRA:Less Fees -1 TRADIRA @ 0.50 USD Expenses:Fees 0.50 USD The first transaction records the loss in value of your shares without affecting the number of shares you own while the second transaction records the deduction of the share from your holdings (at the new price). On Wednesday, May 5, 2021 at 4:54:16 AM UTC+8 Aaron Stacy wrote: > When you say "pair" the accounts, is this just a convention? Or is there > some functionality to associate them? > > On Tue, May 4, 2021 at 3:45 PM psionl0 <[email protected]> wrote: > >> It would be clearer to split the TraditionalIRA account into four >> sub-accounts: >> Assets:TraditionalIRA:Purchase Price >> Assets:TraditionalIRA:Plus Appreciation >> Assets:TraditionalIRA:Less Depreciation >> Assets:TraditionalIRAl:Less Fees >> >> These would be paired with one of the following income/expense accounts: >> Income:Appreciation >> Expenses:Depreciation >> Expenses:Fees >> >> A balance report would instantly give the net value of >> Assets:TraditionalIRA after accounting for fees and depreciation. >> On Wednesday, May 5, 2021 at 12:11:50 AM UTC+8 Aaron Stacy wrote: >> >>> 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 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/8dfa5fe1-8cf4-4fdc-9107-9b2e5c60636en%40googlegroups.com >> >> <https://groups.google.com/d/msgid/ledger-cli/8dfa5fe1-8cf4-4fdc-9107-9b2e5c60636en%40googlegroups.com?utm_medium=email&utm_source=footer> >> . >> > -- --- 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/d81fc133-c50c-44c8-bc34-a5b768229608n%40googlegroups.com.
