Thanks for the tip! Indeed, the tax authorities here ar not interested in my accounting and insist on data directly from the bank.
I have set up asset accounts now for two managed accounts, but I don't know what to use as the counter-account for the value adjustments. Should it be an income account (assuming that I have capital gains), an expense account (in the event that I have losses) or an equity account? From: David Carlson <david.carlson....@gmail.com> Sent: Tuesday, January 7, 2020 3:32 PM To: rsbrux <rsb...@yahoo.com> Cc: gnucash-user@gnucash.org Subject: Re: [GNC] How to Handle Managed Securities Accounts in GnuCash There used to be a section in one of the help manuals about tracking the value of fixed investments such as art. I am not near my computer so I am working from memory. You could create such an asset for that account and then update it's value quarterly or less as you please, following the statements you receive. Obviously, this would not provide tax information, but you are probably already using the tax info from your investment manager. David Carlson On Tue, Jan 7, 2020, 5:00 AM rsbrux via gnucash-user <gnucash-user@gnucash.org <mailto:gnucash-user@gnucash.org> > wrote: I have a couple of managed securities accounts which typically have a lot of transactions involving switching in and out of proprietary ETFs for which public quotes are not readily available. I am tired of trying to keep track of all of these transactions in GnuCash. I would be grateful for any suggestions as to handle these accounts with less (manual) effort. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org <mailto:gnucash-user@gnucash.org> To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- 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 gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
