How do you record stocks purchased by the company?

I use manager to track my personal trading. I set up each company or option as an inventory item. I have a bank account that tracks the cash in my brokerage account. When stocks are purchased, use a payment from that account, selecting the item for the company you purchased. Enter qty of shares and…

Are you asking about shares of companies or inventory?

LLC purchase shares of “Apple” stock.

There are differences of opinion on how to do this in Manager, but I would suggest you setup a new asset account (call it “Investments” or “Stocks”, for example). You can then record the purchase by creating a payment and posting it to the new asset account for stocks. How your LLC is setup (single…

It would also depend on whether you are trading securities as a business or simply investing spare operating cash temporarily. In the first case, you might want to define the shares as inventory items. If you are going the other route, special accounts could be useful. I recommend searching the for…

Thank you Tut, I have heard of defining the shares as inventory before so that may work in this situation. It is good to know that Manager has the capability. I am trading securities as a business. Also do you have any additional recommendations on how to record the reinvestment and the dividends …

Don’t thank me for the software. I had nothing to do with it. I’m a forum moderator, another user like you. I have no further recommendations for you about your needs, because I’ve never used the program for securities management or trading.

[image] ashepherd: How do you record stocks purchased by the company? You could read this topic: [image] Can Manager handle investment tracking? I need to include the value of my employer’s share, bond and unit trust investments in the balance sheet. These investme…

Stock Purchases

Brucanna December 19, 2020, 12:02pm 9

You could read this topic:

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Stock Purchases

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