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How to add a stock with some cost base?

Solution 1. Compute share price as cost base divided by number of shares.

2. Record Buy Shares transactions to add X number of shares by the price computed in step 1.

3. Record a dummy deposit on the investment account for the same amount as total of the Buy Shares transaction entered in step 2.
 
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Article details
Article ID: 34
Category: Investments
Date added: 2010-08-24 01:23:57
Views: 1666
Rating (Votes): Article rated 2.8/5.0 (66)

 
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