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diff --git a/doc/ledger3.texi b/doc/ledger3.texi index 9e0b0fa3..dc198261 100644 --- a/doc/ledger3.texi +++ b/doc/ledger3.texi @@ -45,7 +45,7 @@ OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. @titlepage @title Ledger: Command-Line Accounting @subtitle For Version 3.0 of Ledger -@subtitle Draft Manual Time-stamp: <2011-11-14 18:13 (cpearls)> +@subtitle Draft Manual Time-stamp: <2011-11-14 18:45 (cpearls)> @author John Wiegley @end titlepage @@ -1705,6 +1705,43 @@ checking account) and E15.00. After spending on dinner i have E15.00 in my wallet. The bottom line balances to zero, but is shown in two lines since we haven't told ledger to convert commodities. +@menu +* Buying and Selling Stock:: +@end menu + +@node Buying and Selling Stock, , Currency and Commodities, Currency and Commodities +@subsection Buying and Selling Stock +@cindex buying stock + +Buying stock is a typical example that many will use that involves +multiple commodities in the same transaction. The type of the share +(AAPL for Apple Inc.) and the share purchase price in the currency unit +you made the purcase in ($ for AAPL). Yes, the typical convention is as follows: + +@smallexample + 2004/05/01 Stock purchase + Assets:Broker 50 AAPL @@ $30.00 + Expenses:Broker:Commissions $19.95 + Assets:Broker $-1,500.00 +@end smallexample +This assumes you have a brokerage account that is capable of managed +both liquid and commodity assets. Now, on the day of the sale: +@smallexample + 2005/08/01 Stock sale + Assets:Broker -50 APPL @{$30.00@} @@ $50.00 + Expenses:Broker:Commissions $19.95 + Income:Capital Gains $-1,000.00 + Assets:Broker $2,500.00 +@end smallexample + +You can, of course, elide the amount of the last posting. It is there +for clarity's sake. + +The @{$30.00@} is a lot price. You can also use a lot date, +[2004/05/01], or both, in case you have several lots of the same +price/date and your taxation model is based on longest-held-first. + + @node Structuring Your Accounts, Advanced Transactions, Currency and Commodities, Keeping a Journal @section Structuring your Accounts |