The intent of the post was to describe a use case.
I had no intention of implying it was the only use case.
I had no intention of describing the optimal functioning for other users in other jurisdictions for the simple reason, other users will know their regulations better than me. As a result they will have to describe their use case themselves.
Once done we can all think of a solution which addresses by far the majority of use cases.
Mmm
Perhaps my writing style is a problem.
My posts are sometimes long. The intention was only to summarise the post conclusion early not make a universal declaration. My mistake.
Thanks for clarifying, @Patch. How well I know the misunderstandings that can arise from writing hastily on this forum. I just wanted to throw my thought into the mix because your ideas are sometimes so good they get implemented quickly. I wanted to be sure other options would be available if something eventually gets added to the program. (I am only too mindful that we are still left with only the first depreciation option that was created.)
I have recently started using the Investments functionality and have found that it is not possible to select the Investments GL account in Sales Invoices and Purchase Invoices. Could this be changed to make it available please?
After trialing the Investments functionality I found the listing is quite good but I could not get it to reduce the values correctly on recording a sale - maybe I am missing something.
It seems that further development is not a priority.
If further development does go ahead I would suggest that there needs to be some way to identify each separate purchase instance of a stock including the quantity.
Maybe an in line reference identifier in the dissection lines of Investment Purchase Invoice/Payment Txns would accomplish this, with the same in the Investment Sales Invoice/ Receipt Txns to be able to select the appropriate instance of stock that is to be sold.
Some other setup/transactional points to articulate (and which is probably or already part of the investments programming requirements criteria under development):
#1 Contract Note (Buy/Sell) transactions with Share Brokers do not completely fit in with the existing systems for Purchase/Sales invoices (as you have commented above); and in addition to the “New Investment” function under the “Investment” Tab; functions for “New Contract Note” and “New Broker (or Counter-Party)” functions could perhaps be established to keep these functionalities within the Investments Tab; and
#2 Share Broker accounts are both Customer and Supplier type at the same time; with Share Brokers normally offsetting transactions so that settlements (Receipt/Payment) are done as a net amount either as a payment or receipt directly (according to Share Broker terms of trade). There has already been significant forum discussion regarding how the Customer/Supplier functionalities could evolve to resolve this need (and how it could solve some specific user needs as articulated in this forum e.g. by Profile - cavlovic - Manager Forum)
#3 also as of release 22.3.64 - Control account functionality is yet to be connected to Investments