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2.6 Non-cash assets

You may own some non-cash assets, like stocks, mutual funds, or bonds. The value of these assets in terms of currency changes over time. Leas provides a command for updating the currency value of these assets.

First, let’s add our mutual fund, 

(Checking) :> aa
Account: Mutual Fund
0: Expense
1: Income
2: Asset
3: Liability
Type: 2
Opening Balance: 10000
(Mutual Fund) :>

Then, let’s add an income account for our fund. 

(Mutual Fund) :> aa
Account: Mutual Fund Income
0: Expense
1: Income
2: Asset
3: Liability
Type: 1
Opening Balance: 0
(Mutual Fund Income) :>

Now, say we own 500 shares of the mutual fund each worth 20 currency units. Say the value of a share in the mutual fund increased to 21 currency units. We can then use the csp ("change share price") command to change the value of the shares in our mutual fund, 

(Mutual Fund Income) :> sa
 0: Checking
 1: Rent
 2: Salary
 3: Loan
 4: Interest
 5: Mutual Fund
 6: Mutual Fund Income
Account: 5
(Mutual Fund) :> csp
 0: Checking
 1: Rent
 2: Salary
 3: Loan
 4: Interest
 5: Mutual Fund
 6: Mutual Fund Income
From Account: 6
Stock Price: 21
Number of Shares: 500
Day: 
Year [2019]: 
Month [4]: 
Day [30]: 
(Mutual Fund Income) :> lt
2019-04-30 Stock Price Change         -500.00
(Mutual Fund Income) :> la
Checking                  23900.00   23900.00
Rent                       2000.00    2000.00
Salary                    -6000.00   -6000.00
Loan                      -9930.00   -9930.00
Interest                     30.00      30.00
Mutual Fund               10500.00   10500.00
Mutual Fund Income         -500.00    -500.00
(Mutual Fund Income) :>

You can automate this procedure by writing a script in Scheme to fetch the new price of the fund.

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