On 06 Mar 2000 09:22:34 CST, the world broke into rejoicing as
Todd Greer <[EMAIL PROTECTED]> said:
> Herbert Thoma <[EMAIL PROTECTED]> writes:
>
> > I think what we need is a 'sell stock' extension like this:
>
> > 2. Search through the account to find the price(s) the stock was
> > bought
> > (configurable FIFO or LIFO) and compute profit/loss.
>
> This won't cover all cases. Another option should be to have the user
> designate what's being sold, or just enter the cost basis. Accounting
> for stock splits will need to be done if the system is going to
> compute prices.
I certainly agree with the comments that this is an area where it would
be valuable to have a "Gnome Druid" available; there can be considerable
complexity to the requirements for accounting for stock trades, and it's
something where users in different jurisdictions *and with differing
taxation requirements* will require varying behaviour.
--
The shortest distance between two puns is a straight line.
[EMAIL PROTECTED] - <http://www.ntlug.org/~cbbrowne/lsf.html>
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