Hi Geoff On Wed, 9 Jun 2021, 9:27 am Geoff, <cleanoutmys...@gmail.com> wrote:
> > Gnucash will permit you to run a negative balance on a stock, see > attached screenshot. > The UI will allow you to record transactions when short-selling, but bear in mind: - the current portfolio and advanced portfolio reports cannot handle negative stock balances; the reports will bail out. - it's likely very wrong to record a single transaction that sells more stock than your current holding; you'll need to sell current balance (and record cap gains/losses) *then* record a separate short-sell transaction to achieve a negative balance. - recent releases (4.5? or current daily builds) have an experimental IFRS cost basis report which aims to calculate the average cost base, according to some jurisdictions eg Canadian. It's not guaranteed correct yet. > Note that I am not an accountant, but I think you should also book a > future liability for when the short falls due. > Why? _______________________________________________ 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.
