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Bug 460721 - Balance Sheet: Should have a "value at cost" option
Balance Sheet: Should have a "value at cost" option
Status: VERIFIED FIXED
Product: GnuCash
Classification: Other
Component: Reports
2.2.x
Other All
: Normal enhancement
: ---
Assigned To: Charles Day
Chris Lyttle
Depends on:
Blocks: backport
 
 
Reported: 2007-07-26 19:47 UTC by Guess
Modified: 2018-06-29 21:44 UTC
See Also:
GNOME target: ---
GNOME version: ---


Description Guess 2007-07-26 19:47:51 UTC 
There should be an option to value all commodities at cost on the Balance Sheet.
Comment 1 Christian Stimming 2007-07-27 11:26:35 UTC 
Err... could you please elaborate what "value at cost" means? 

The Balance Sheet report has an option "Price source" in the General option settings; is that what you mean?
Comment 2 Guess 2007-07-27 13:13:12 UTC 
The Price Source only offers "Weighted Average", "Most Recent in Time", and "Nearest in Time" as options; not cost.

For example, if I purchase 100 shares of XYZ at $1.00 per share and it increases to $1.20 per share, I still need the option of valuing them at cost: $1.00 x 100 = $100. None of the options provided allow for this.

Similarly, if I have an inventory of widgets, which I have purchased 100 at $1.00, and 100 at $2.00, the balance on my widgets should be 100 x $1.00 + 100 x $2.00 = $300. The option to value FIFO or LIFO would be handy too.

Thanks!
Comment 3 Charles Day 2008-07-08 00:23:22 UTC 
A have added a new "Average Cost" price source for reporting.

Committed as r17266. Requesting backport for 2.2.
Comment 4 Andreas Köhler 2008-07-08 19:13:38 UTC 
Backported by cstim in r17266 for GnuCash 2.2.6.
Thanks a lot!
Comment 5 Andreas Köhler 2008-07-08 19:24:42 UTC 
I mean r17283, of course :-)
Comment 6 John Ralls 2018-06-29 21:44:12 UTC 
GnuCash bug tracking has moved to a new Bugzilla host. This bug has been copied to https://bugs.gnucash.org/show_bug.cgi?id=460721. Please update any external references or bookmarks.