Balance Sheet does not reflect Correct Investment Balance after Partially Sold Investment

1

Hi All,

I am using the Investment Module to record Stock purchases. It’s been going well until I partially sold a stock. The Capital Gains on the P& L Statement looks fine. It’s the Balance Sheet that is not registering correctly. Both the Investment and the Retained Earnings are incorrect on the Balance Sheet - only since posting the sold stock using the Payment Module. The Balances are wrong on the actual BS Report, but if I click on the number and drill into the RE or Investment accounts the information is correct.

Please help.
Thank You,
Barbara

2

Can you show screenshot what you see when you drill-down into Investments account?

All balances are clickable and drilling-down should explain how the balance was calculated.

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3

Realised capital gain (the difference between actual purchase transaction and the actual sale transaction for those share) and unrealised capital gain (theoretical gain/loss when share price changes but you did not sell those shares) are treated differently in all jurisdictions I’m aware of. You will need to check both.

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4

Thank you :slightly_smiling_face:

5

So unfortunately I sent this topic forum b4 checking my version of Manager. I was using 23.7…something. I’ve updated to 24.12.23.1996

Needless to say it looks different and has different options to explore for Investments. I need to make appropriate month end adjustments, delete manual JEs and see where it all lands.

I will update once I’ve done these items and let everyone know whether there is still a problem or not.

Thank you to everyone who has responded. Sorry for the fire drill.

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