I would suspect that most of us have never had a return of capital and we would not know how to record such a transaction in GnuCash. I myself have recently purchased a fund that pays a dividend, but they say wait until the end of the year to get a report of how much was capital gains and how much was return of capital. I have not yet learned how to enter a return of capital in GnuCash....
On Mon, Sep 20, 2021 at 8:52 AM Michael or Penny Novack < stepbystepf...@comcast.net> wrote: > On 9/20/2021 12:01 AM, Fred Tydeman wrote: > > I have entered a buy of an ETF. > > The ETF has done several annual Return of Capitals (which I entered). > > I have entered a sell of all of the ETF. > > I used the Actions: View Lots: Scrub Account to create the Capital gain. > > The Capital gain calculated is wrong in that the Return of Capitals were > > ignored. > > > > If I did something wrong, what should I do? > > Are you saying that these returns of capital were included in your > capital gains? (incorrect). In that case, I rather suspect that you did > not enter the transactions that were "return of capital" correctly (did > not credit the correct account). Please describe what you entered for > these return of capital transactions. Presumably the debit side of the > transactions was "cash" (some bank account). But what was the credit side? > > Are you saying that the returns of capital were not included in capital > gains? That would be correct (at least they would in my jurisdiction) > > Let's first settle the accounting questions before asking n terms of > what gnucash is doing. > > Michael D Novack > > > _______________________________________________ > 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. > -- David Carlson _______________________________________________ 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.
