I don’t think GNC cares who "owns" it. I would think that it is not any different than you owned share(s) of say IBM or Facebook or Google. Technically purchase of share(s) gets you a partial ownership proportionate to total outstanding in that corporation - it is immaterial to GNC whether it is publicly traded or not.
-----Original Message----- From: Christopher Lam <christopher....@gmail.com> Sent: Tuesday, September 24, 2024 8:26 PM To: Boniforti Flavio <bonifort...@gmail.com> Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better? Interesting question... as someone who's been intimately involved in some gnucash code improvements, I have no idea how to account for "my own company stock share". Could anyone more qualified (and with knowledge of double-entry as it applies to personal *and* own company (cf publicly traded company as investment vehicle) books? How would the usual company shares activity (eg stock split, dividend, return of capital, notional distribution, etc) be recorded as? On Wed, 25 Sept 2024 at 04:57, Boniforti Flavio <bonifort...@gmail.com> wrote: > Hi. > I'm partner and own stocks of the company I work for. This company is > not on the public market. > The stock value is defined once per year and dividends are then paid out. > > Do I understand correctly, that I don't have to set up a "stock" type > account for this, as those stocks are not publicly traded? > > And the dividends are an account of type "income" - right? > > Thanks, > F. > > https://www.instagram.com/boniforti_music > https://soundcloud.com/boniforti_music > https://bonny-j.bandcamp.com > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > 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 ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
