Capital Gains Report Issue
There appears to be a bug in the Capital Gains report.
If I select to show unrealised Capital Gains and run the report what I get with any shares owned it shows the current market value of the shares, and a cost basis of 0 rather than the purchase value of the shares and an unrealised capital gain value equal to the current market value. This is clearly wrong.
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1 Posted by -Kevin N. on Apr 08, 2019 @ 02:32 PM
Hi Des,
I can reproduce this behavior if a security's basis is set to 'Avg. Cost'.
When the basis is set to 'Lot Matching' the report seems to generate as expected.
-Kevin N. (not a member of MD support)
2 Posted by dwg on Apr 08, 2019 @ 09:30 PM
Hi Kevin,
That is one for the books, normally Average cost is the one that works and lot matching the one that fails.
While I would love to have everything set to lot matching (excluding funds) as that is they way we need to handle shares alas I have a large number of return of capital transactions which I can only include in Moneydance if I use Average Cost for those securities,
Looks like this is a bug.
Des
3 Posted by -Kevin N. on Apr 08, 2019 @ 09:47 PM
HI Des,
As we discussed on Slack, the bug appears to have reared it's head sometime after MD 2012 (where the cap gains report behaved as expected).
-Kevin N.
4 Posted by dwg on Apr 08, 2019 @ 10:07 PM
Hi Kevin,
I cannot say when this one came in, I do not often run an unrealised capital gain report so I probably have not tested it in any later release than 2012. I had a couple of issues with MD2014 so got no where near looking at this report before I decided not to upgrade to that release.
Des
5 Posted by Mezzanine on Apr 18, 2019 @ 10:25 PM
+1
I think this bug appeared in an update to 2015 or 2017. I remember it worked fine and then I went to use it to review some unrealised gains and found it producing the market value rather than the gain. Would be great to get this fixed.
6 Posted by faye.connors on Jun 01, 2019 @ 01:26 AM
I have the same problem I run on Mac & have MD 2019.1
System closed this discussion on Aug 31, 2019 @ 01:30 AM.