> On Dec 2, 2016, at 10:26 PM, Chris Good <chris.g...@ozemail.com.au> wrote: > > Hi, > > > > I'd like to update the guide investment selling shares section with some > better information about how to handle commission. > > See attachment 1 for the section I wish to update. > > > > The guide example says: > > > > and finally PROFIT is $1525 (GROSS_SALE-TOTALBUY-COMMISSION). > > > > but shows profit and capital gain as $1600. > > If you do the sale transaction as per the example, the Trial Balance is OK, > but the capital gain is overstated. > > > > I've tried to alter the splits to get capital gain of $1525 but either I end > up with an Imbalance split of $75 (commission value) or the Trial Balance is > out by $75 (Dr > Cr). > > Please see attachment 2 for the balanced transaction as I think it should > be, but which causes the Trial Balance problem. > > > > Could some-one please advise how to arrive at a capital gain of $1525 and a > balancing Trial Balance or explain why this is not possible? >
Chris, You *either* expense the commission *or* reduce the capital gain, depending on your tax laws. Allowing both would be a very generous tax regime indeed, but regardless also produces an imbalance in the book because you're counting the commission twice. Regards, John Ralls _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
