Hi,
I would like to know how i can record Securities transactions. Is it possible? If yes, Please explain in detail.
Thanks
Search the forum. There have been many discussions with different ideas about how to record securities transactions. There is no single correct way to do this.
I searched but could not find any
I need to know how to structure buy and selling stocks with the prices and profit or loss etc
Type “Investments” into the search bar and have a look though the search results - there are many on this topic
Hi,
I’m knowledge in accounting and Manager is basic and although I read the discussions, I’m still not sure how to proceed.
I will put here what I need to do and hopes that you will be able to help me.
For example, I purchase EUR/USD
Volume:138774.36
Price:1.139
Amount: 64.00 USD
Commision:166.53 EUR
How can I log this in my statements?What accounts do i need to create? entries etc.?
You should ask the question you really mean to ask. You began by inquiring about securities transactions, later emphasizing stock purchases and sales specifically. Your latest post has switched to currency trading.
Yes you are right.
I have one more question though:
For example, I buy a stock in XIAOMI
Volume:110028
Price:17
Amount: 299.00 USD
Commision:958 USD
How can I log this in my statements?What accounts do i need to create? entries etc.?
Do not mix questions in the same topic. No one knows what question to answer. And your latest post did not contain a question.
Will you be able to answer me though?
Read this topic for a basic approach Can Manager handle investment tracking?
You use “Inventory Items” for the purchase and disposal.