[kmymoney] [Bug 392755] New: kmymoney-4.8.1.1 suggestion: Category for realized profit/loss of an investment

[Tony Bloomfield]

On 05/04/18 13:17, Christian wrote:
> https://bugs.kde.org/show_bug.cgi?id=392755
>
>             Bug ID: 392755
>            Summary: kmymoney-4.8.1.1 suggestion: Category for realized
>                     profit/loss of an investment
>            Product: kmymoney
>            Version: 4.8.1
>           Platform: Gentoo Packages
>                 OS: Linux
>             Status: UNCONFIRMED
>           Severity: normal
>           Priority: NOR
>          Component: general
>           Assignee: kmymoney-devel at kde.org
>           Reporter: gentoo at moin.fi
>   Target Milestone: ---
>
> Suggestion: When selling an investment, calculate the realized profit or loss
> and assign a category to it.
>
> Motivation: It would be nice to have the investment "returns" in a category, so
> that they show up in the Income/Expenses views. Also, for the accounting, where
> the balance sheet shows the current state of all assets, and the difference
> from one year to the next is captured in the categories (Income, Expenses),
> there has to be a category where this realized profit/loss is captured,
> otherwise the differences in the balance sheet and in the "bottom-line" of the
> income-expenses do not match.
>
> Implementation: I think that this realized profit/loss is usually calculated by
> tracking the purchasing price of the oldest asset still held.
>
> Example 1:
> 1.1.2016 Buy 10 shares of XYZ at 5 per share (transaction value 50)
> 1.1.2017 Buy 5 shares of XYZ at 7 per share (transaction value 35)
> 1.1.2018 Sell 15 shares of XYZ at 9 per share (transaction value 135)
> --> Here, the purchase value was 85, the sales value 135, i.e. a profit of 50.
> There should be a category where this is shown as 50.
>
> Example 2:
> 1.1.2016 Buy 10 shares of XYZ at 5 per share (transaction value 50)
> 1.1.2017 Buy 5 shares of XYZ at 7 per share (transaction value 35)
> 1.1.2018 Sell 5 shares of XYZ at 9 per share (transaction value 45)
> --> This would be a profit of 20 because those 5 shares were bought 1.1.2016 at
> price 5. There should be a category where this is assigned to.
> 1.3.2018 Sell 10 shares of XYZ at 10 per share (transaction value 100)
> --> This would be a profit of 40 because 5 shares were bought 1.1.2016 and 5 on
> 1.1.2017.
>
Would that work? Aren't you counting the amount of money you received
for the shares as income, then counting part of it again as profit?

-- 

Cheers
TonyB