Accounts settings

The Accounts Settings dialog allows you to specify which accounts should be used for different investment transactions, such as sales, revaluations, and other portfolio-related entries.

These accounts are referenced when the program automatically generates accounting transactions, ensuring that all portfolio movements are correctly recorded.

You are not required to fill in every account, only those relevant to your specific accounting setup. Thse used accounts must exists in the Accounts table, otherwise the dialog will display a message error when you try to accept the changes

Sections in the Dialog and Account Usage

The dialog is divided into three main sections.

Balance Accounts

This section contains accounts used to record the value of securities and related balances in the accounting system. These accounts define where investment assets and liabilities are stored.

• Investments: Contains the accounts used for securities and investment holdings.
• Assets: Contains the accounts used for recording other investment-related assets.
• Liabilities: Contains the accounts used for investment-related liabilities, such as margin loans or other financial obligations.

Value Changing Accounts

This section includes accounts that track gains, losses, and valuation adjustments for investments. These accounts are used when a security is sold or its market value changes.

• Realized Gain: Account for recording realized profits from security sales.
• Realized Loss: Account for recording realized losses from security sales.
• Unrealized Gain: Account for recording unrealized profits due to an increase in the market value of securities.
• Unrealized Loss: Account for recording unrealized losses due to a decrease in the market value of securities.
• Realized Exchange Rate Gain: Account for gains resulting from foreign currency exchange rate fluctuations when selling a security.
• Realized Exchange Rate Loss: Account for losses resulting from foreign currency exchange rate fluctuations when selling a security.
• Unrealized Exchange Rate Gain: Account for recording unrealized currency gains due to favorable exchange rate movements.
• Unrealized Exchange Rate Loss: Account for recording unrealized currency losses due to unfavorable exchange rate movements.
• Depreciations: Account for recording investment depreciation adjustments, if applicable.
• Other Value Changing Costs: Account for miscellaneous expenses affecting the value of investments.
• Other Value Changing Income: Account for miscellaneous income affecting the value of investments.
• Rounding Differences: Account for small discrepancies due to rounding or decimal precision differences.

Profit and Loss Accounts

This section contains accounts that track income and expenses related to investment transactions. These accounts are used to record direct costs and revenues generated from investment activities.

• Charges: Account for general investment-related charges and fees.
• Commissions: Account for broker or bank commissions on security trades.
• Interest Earned: Account for interest income from bonds or other financial instruments.
• Interest Paid: Account for interest expenses related to investment loans or margin trading.
• Dividends Income: Account for dividend income received from stock holdings.
• Other Income: Account for any additional investment-related income not classified elsewhere.
• Other Costs: Account for any additional investment-related costs not classified elsewhere.