On 22/05/16 20:04, Mitch Frazier wrote:
While entering a number of investment transactions recently I realized that KMM doesn't actually have a way to record the gain/loss on the sale of an investment. I was thinking about implementing something to solve this but wanted to pass the idea past the list first.As a first step at a solution, I was going to add a couple more rows to the transaction detail in the investment register: - A cost basis field. This would be an amount field that is used to determine how much the cost of the investment is reduced by the sale. Initially this field could be pre-filled by the average cost (based on the number of shares being sold). If the entire investment is sold, this field would be fixed and not editable. - A gain/loss field. This would be an splitable account field for entering the category or categories for the gain/loss. Splits are useful for allowing both short-term and long-term gain/loss specifications on a transaction. The current implementation "hides" the gain/loss because the balance of an investment shows as zero when the share value is zero, regardless of the amount the investment is sold for. Whereas, since the gain/loss is not recorded anywhere, the balance ought to be negative if the investment was sold for a gain and positive if sold for a loss. Mitch
I think the developers will need to comment on this proposal. From my own point of view, it is not a functionality that I need, at least at present. What's more important, though, is that it might be advisable for display of the extra fields to be optional, certainly from the perspective of a new user.
Allan
