Ken Schneider
> On May 18, 2022, at 10:49 AM, David T. via gnucash-user > <gnucash-user@gnucash.org> wrote: > > A couple of points here: > > First, the analogy of a painting's unrealized gains to those of any other > asset is perfectly valid. The only difference is that there is only one > "share" of the painting, while there are many shares of a stock or mutual > fund. Their change in value is going to be the unrealized gain or loss. The > math for gain on a single item is simple, making the example perhaps easier > to comprehend, at the risk of oversimplification the questions. With introduction of NFT’s this no longer stamped in concrete. > > Second, my (admittedly very basic) understanding of accounting is that > unrealized gains, from an accounting perspective *don't exist.* You don't > have the gains until you sell the asset. Gnucash applies this concept rather > strictly. If you live in the U.S. our illustrious leaders have indicated that they would like taxing gains as the occur in a held investment. Whether this happens or not is anyone’s guess. > > These points being said, there have been suggestions made in this list by > others more qualified than I on the circumstances in which a user might need > to track unrealized gains and account for them on an ongoing basis. I believe > the term they used was "mark to market." You might look for those threads in > the list archives. > > David T. _______________________________________________ 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.
