Phillip Shelton writes:
> Are you looking at a new account for each parcel of shares?
>
Sorry, I'm not quite following your comment.
For my "alternative" solution to the "share related expense/income",
each "share account" (each individual stock, not each parcel), you
would need at least two accounts (one for income, one for expenses).
If that's not what you're talking about, could you please explain
for me - preferably with an example.
I apologise if I'm a little slow today :)
> > -----Original Message-----
> > From: [EMAIL PROTECTED]
> > [mailto:[EMAIL PROTECTED]]On Behalf Of Robert
> > Graham Merkel
> > Sent: Thursday, October 19, 2000 10:35 AM
> > To: [EMAIL PROTECTED]
> > Subject: Implementing proper cost basis tracking for shares
> >
> >
> > The next question is "how do we track income and expenses related to
> > a particular share account?", such as dividend payments, brokerage
> > fees and the like. My initial suggestion is for
> > each share account to contain a "accounts containing income/expense
> > transactions related to this account" list, and each transaction
> > related to a share account should have a "Hi, I'm a <share account
> > foo> transaction". The other alternative is to insist that dedicated
> > account(s) be set up so that every expense and all income
> > related to trading a particular stock should be placed in those
> > accounts.
> >
>
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