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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.
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.
Article details
Article ID: 34
Category: Investments
Date added: 2010-08-23 20:23:57
Views : 2179
Rating (Votes): 
(80)
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