Bite The transaction to record this, if a profit or increase in value of the security is to debit the security by the amount of the profit and to credit an income account by the same amount. For a loss in value creidt the security account and debit the income amount. The profit or loss is the product of the number of securites held and the difference in prices between the date at which you are recording the unrealized gain/loss and the price at the time you have previously recorded a gain or loss Ultimately this traces back to the initail purchase price.
You may find it useful to use a sub-account of the security (of the same type account) totalling into the security account to record the unrealized gains and losses so that you preserve the initial cost basis which you will likely need for capital gains taxes in most jurisdiction. Unrealized gains and losses are generally not taxable as income in most jurisdictions, so you would need an Income account separate from any Income account structure which records income for taxation purposes. David Cousens On Sun, 2022-06-19 at 21:56 +0800, Gao Bite wrote: > GnuCash developers & Maintainers: > > Hello! I would like to record the unrealized profit & loss from > security investment directly into an income account. Could you please > tell me whether I am possible to do as above, and if possible, how I can > achieve this? > > Yours, > > Bite Gao > > June 19th, 2022 > > _______________________________________________ > 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. _______________________________________________ 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.
