Hi all. I'd like to get some suggestions/guidance and eventually validate if my way of doing this is correct.
I've put some money into IBKR (CHF) which I then converted into USD to buy VT. For the time being, I've just added the transactions in the "CHF Cash" account on IBKR, where I now see the actual money I put there. Now there's a few questions I can't answer on my own. As of today there is still some cash left on both CHF and USD accounts (peanuts, just to cover currency conversion fees), and the rest is invested in VT, how should I proceed to enter the various transactions, so that it finally reflects the actual status (some CHF Cash, come USD Cash and the rest in VT)? I bought VT like 4 or 5 times, of course at different stock prices. Should I create a sub-account called "VT" (type "mutual funds"), then add each purchase transaction by taking the money from my "USD Cash" account, until the balance corresponds to the actual one on IBKR? Of course, in advance I would need to add the CHF-to-USD currency conversion for each time I bought VT shares. Here I don't know if I should add a sub-account related to conversion fees or not. Last but not least: when I will have set things right (which means having the CHF and USD cash accounts showing the actual/real amount and also the VT number of shares), will it be enough to update the VT share price manually to see how much I do have on IBKR? And how do I deal with dividends? Should I add another sub-account for the dividends? I automatically reinvest dividends in VT - how to deal with this? I know it's a bunch of questions, but maybe some kind soul will be able to help me walking through this :-) 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.
