Skip to content

Commodities

There are no restrictions on the type of commodities that can be used in Paisa. Anything like gold, mutual fund, NPS, etc can be tracked as a commodity. Few example transactions can be found below.

2019/02/18 NPS
    Assets:Equity:NPS:SBI:E/*(1)!*/  /*(2)!*/15.9378 NPS_SBI_E/*(3)!*/ @ /*(4)!*/23.5289 INR/*(5)!*/
    Assets:Checking

2019/02/21 NPS
    Assets:Equity:NPS:SBI:E      1557.2175 NPS_SBI_E @ 23.8406 INR
    Assets:Checking

2020/06/25 Gold
    Assets:Gold                         40 GOLD @ 4650 INR
    Assets:Checking
  1. Account name
  2. Number of units purchased
  3. Commodity Name
  4. Purchase Price per Unit
  5. Currency

Paisa comes with inbuilt support for fetching the latest price of some commodities like mutual fund, NPS, stocks, etc from few providers. For others, it will try to use the latest purchase price specified in the journal. For example, when you enter the second NPS transaction on 2019/02/21, the valuation of your existing holdings will be adjusted based on the new purchase price.

To link a commodity with a commodity price provider, Go to Configuration page and expand the Commodities section. You can click the icon to add a new one. Edit the name to commodity name. Click the icon near Price section and select the price provider details. Once done, save the configuration and click the Update Prices from the top right hand side menu. If you had done everything correctly, you would see the latest price of the commodity under Assets Balance. You can also view the full price history on Ledger Price

MF API Mutual Fund 🇮🇳

To automatically track the latest value of your mutual funds holdings, you need to link the commodity and the fund scheme code.

commodities:
  - name: NIFTY # (1)!
    type: mutualfund # (2)!
    price:
        provider: in-mfapi # (3)!
        code: 120716 # (4)!
  1. commodity name
  2. commodity type
  3. price provider name
  4. mutual fund scheme code

The example configuration above links nifty commodity with the respective mutual fund scheme code.

Yahoo 🌐

To automatically track the latest value of your stock holdings, you need to link the commodity and the stock ticker name.

commodities:
  - name: APPLE # (1)!
    type: stock # (2)!
    price:
        provider: com-yahoo # (3)!
        code: AAPL # (4)!
  1. commodity name
  2. type
  3. price provider name
  4. stock ticker code

Stock prices are fetched from yahoo finance website. The ticker code should match the code used in yahoo.

Purified Bytes NPS 🇮🇳

To automatically track the latest value of your nps funds holdings, you need to link the commodity and the fund scheme code.

commodities:
  - name: NPS_HDFC_E # (1)!
    type: nps # (2)!
    price:
        provider: com-purifiedbytes-nps # (3)!
        code: SM008002 # (4)!
  1. commodity name
  2. type
  3. price provider name
  4. nps fund scheme code

The example configuration above links NPS fund commodity with their respective NPS fund scheme code.

Purified Bytes Metals 🇮🇳

To automatically track the latest price of gold or silver in various purity you need to link the commodity and the metal code. The price is for 1 gram of the metal.

commodities:
  - name: GOLD # (1)!
    type: metal # (2)!
    price:
        provider: com-purifiedbytes-metal # (3)!
        code: gold-999 # (4)!
  1. commodity name
  2. type
  3. price provider name
  4. metal name along with purity

The following metals and purity combinations are supported.

Metal Purity Code
Gold 999 gold-999
Gold 995 gold-995
Gold 916 gold-916
Gold 750 gold-750
Gold 585 gold-585
Silver 999 silver-999

RealEstate

Some commodities like real estate are bought once and the price changes over time. Ledger allows you to set the price as on date.

2014/01/01 Home purchase
    Assets:House                                1 APT @ 4000000 INR
    Liabilities:Homeloan

P 2016/01/01 00:00:00 APT 5000000 INR
P 2018/01/01 00:00:00 APT 6500000 INR
P 2020/01/01 00:00:00 APT 6700000 INR
P 2021/01/01 00:00:00 APT 6300000 INR
P 2022/01/01 00:00:00 APT 8000000 INR

Currencies

If you need to deal with multiple currencies, just treat them as you would treat any commodity. Since paisa is a reporting tool, it will always try to convert other currencies to the default_currency. As long as the exchange rate from a currency to default_currency is available, paisa would work without issue

P 2023/05/01 00:00:00 USD 81.75 INR

2023/05/01 Freelance Income
    ;; conversion rate will be picked up
    ;; from the price directive above
    Income:Freelance      -100 USD
    Assets:Checking

2023/06/01 Freelance Income
    ;; conversion rate is specified inline
    Income:Freelance      -200 USD @ 82.75 INR
    Assets:Checking

2023/07/01 Netflix
    ;; if not available for a date,
    ;; will use previous known conversion rate (82.75)
    Expenses:Entertainment  10 USD
    Assets:Checking

Update

Paisa fetches the latest price of the commodities only when you update the prices. This can be done via UI using the dropdown in the top right hand side corner or via paisa update command. Make sure to update the prices after you make any changes to your journal file or you want to fetch the latest value of the commodities.