Flavio,
There’s one more little wrinkle that seems to be evading you. When you create a
multi-commodity transaction the transaction has a currency that’s determined by
the account of the register you start in (or the first currency-denominated
parent if the register is for a non-currency commod
Hello Flavio,
Yes, it is normal behaviour you must have created the original transaction
with splits in the VT account I assume. When I create split transactions in
an account, for instance bank account and two splits for things I want to
keep separate in Repairs and Maintenance, they are going to
My answers will be below your items. I'm glad I've been able to be of some
help.
On Sat, Nov 9, 2024 at 5:58 AM Boniforti Flavio
wrote:
> Hi Richard.
> Now I finally got time to read through your reply and understand/learn.
> Here is my feedback/reply. Thanks again!
>
> *USD Dividends*
> You're
Hi Michael.
Thanks for confirming that it's a valid transaction with 2 accounts
increasing their amount. Not being this my daily business, it happens that
I forget some details on how things work. It just takes some time, and then
kind people like you help me remember things.
I'm not bothered abo
On 11/9/2024 6:58 AM, Boniforti Flavio wrote:
\
*USD Dividends*
You're right, it was not at the right place. I moved it under "Income".
When I get paid dividends, how should I register this transaction? Do I
increase both the "Income:USD Dividends" and the "Assets:IBKR:USD Cash"
accounts?
The l
Hi Richard.
Now I finally got time to read through your reply and understand/learn.
Here is my feedback/reply. Thanks again!
*USD Dividends*
You're right, it was not at the right place. I moved it under "Income".
When I get paid dividends, how should I register this transaction? Do I
increase both
The point for me is that (for the US at least), separating out the fees and
commissions actually masks the true cost of the investment. When I first
started tracking investments, I separated the fees and commissions, and it took
me forever to figure out why my gains calculations never matched th
I stand corrected (well, really, I'm sitting corrected)
On Wed, Nov 6, 2024 at 3:03 PM sunfis...@yahoo.com
wrote:
> According to H&R Block, determining your basis involves "generally the
> purchase price plus any commissions or fees paid."
>
> So, unless I'm missing something, no, your brokerag
Ah ok - that's fine with me then.
F.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
Am Mi., 6. Nov. 2024 um 22:50 Uhr schrieb sunfis...@yahoo.com <
sunfis...@yahoo.com>:
> No. $6 (real amount) and 13 GBP (another real amount) are en
No. $6 (real amount) and 13 GBP (another real amount) are entered. The ratio
between these two numbers will remain the same always.
But if GnuCash reports the price as 0.4615384615 and your broker says it's .46,
are you going to worry that your books don't match your broker?
David T.
On N
According to H&R Block, determining your basis involves "generally the purchase
price plus any commissions or fees paid."
So, unless I'm missing something, no, your brokerage *won't* report a gain in
this example, since gains are calculated against your basis, and not the price.
And basis inclu
Hi David.
I'm replying to your feedback as it's less text :-) I'll reply to Richard's
afterwards as well - thanks to you both already!
And a final note: GnuCash never stores the exchange rate. It calculates it
> from the two (actual) amounts include in the transaction. Focusing on the
> number the
A very interesting way to look at it; I agree that many exchange services
have a "worse" rate because it includes their fee; others show a "good"
rate, but tack on fees. And clearly, if there is no fee shown in a receipt,
one cannot enter calculate it.
Although your statements about the stock are
Note: I am not an accountant, and am based in the US, whose laws will differ
from Switzerland's.
I agree that the Dividends account belongs under Income.
As an overview, Richard, I'd point out that if you buy something for 1000, and
10 of the cost is for tax (or delivery, or service charges, o
Hello.
I don't think that the "USD Dividends" would be under IBKR - that should be
somewhere else, probably under "Income" somewhere. When you are paid a
dividend, it either goes into the "Cash" fund, or else it is reinvested and
more stock is purchased. If the dividends are invested, you'd have
Boniforti,
I applaud your effort to advance your financial accounting. With that out of
the way, there are good reasons how professional accountants can help
individuals. There are a myriad of horror stories about how transactions could
be structured differently, while accomplishing the same ob
Hi Jim.
I'm a private individual, not a company. Thus, I don't need an accountant
and my jurisdiction doesn't matter in what I'm doing: it's my personal
finance tool, which I use to track my income/expenses and total wealth.
With "would that work?" I was trying to ask if I was missing something an
Boniforti:
On 2024-11-03 02:25, Boniforti Flavio wrote:
...As of now, I have just put all the CHF Cash in that account.
As I've added CHF in 5-6 different transactions and in between those I have
also converted to USD and bought VT stocks, would I need to zero the "CHF
Cash" account, then add ea
Hi Richard.
I think I was already going that route -->
[image: image.png]
As of now, I have just put all the CHF Cash in that account.
As I've added CHF in 5-6 different transactions and in between those I have
also converted to USD and bought VT stocks, would I need to zero the "CHF
Cash" account
Part of this is up to you, and GnuCash is flexible because configurations
can change.
I assume IBKR is your broker, and you have a single, normal brokerage
account that deals in mutual funds and stocks.
I would create a brokerage account and note that it is with IBKR; I assume
cash is help somewh
Thanks Jim.
I'll go through the tutorial and will come back to have my approach
validated.
BR,
F.
Jim DeLaHunt schrieb am Mo., 21. Okt. 2024, 03:56:
> Boniforti:
>
> On 2024-10-20 04:08, Boniforti Flavio wrote:
> > Hi all.
> >
> > I'd like to get some suggestions/guidance and eventually validate
Boniforti:
On 2024-10-20 04:08, Boniforti Flavio wrote:
Hi all.
I'd like to get some suggestions/guidance and eventually validate if my way
of doing this is correct.
Congratulations on making more and more use of GnuCash. From your
questions and the answers I see on this list, it is clear that
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
23 matches
Mail list logo
