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Strategies & Market Trends : Money95, Money98, Money99, Quicken, and the like.. -- Ignore unavailable to you. Want to Upgrade?

To: HIA who wrote (1)	2/1/1999 2:37:00 AM
From: Hart	Read Replies (1) \| Respond to of 14

thanks for link. I downloaded that little thing, <quite dos'y looking> :) but, not sure how it can be used without having information handy. I have no problems keeping track of profit and loss with money98, the "capital gains" report from the tax report section does that. I also use it for 2 businesses, one includes my personal stuff i even track my cd collection in besides groceries, utilities, etc. I set all accounts for the business "to be included on tax reports" using payee.. i tried using "family members" for the 2nd business but, then hit the maximum of category & payees and ended up just copying it to a new directory.. I'm more or less looking for software that keep track of the ACB's of the mutual's <and other too i guess> that's easy to input - say, it would be nice if one fund popped up on the screen and you just tab over all at once, units, price, action etc.. for the entire quarter, year etc .. i invest weekly for mutuals, and trade funds every couple of months.

To: HIA who wrote (1)	2/4/1999 6:31:00 PM
From: HIA	Read Replies (1) \| Respond to of 14

How to profit/loss account short sells when tracking unrealized and realized gains and losses together?...That's easy...the short sell amount is a credit...so it just goes into a...security sale...entry...while the current cost to cover the short position is a debit and therefor it just subtracts from the current month ending securities value and should be reflected in that month ending securities value...The monthly change in month ending securities value then continues to track the unrealized profit/loss on the short position...When the short position is covered...the cost to cover the short position is no longer reflected in the month ending securities value...and the covering transaction is an entry into...securities purchase...The profit/loss on the short position will not necessarily have occurred on the cover date...it may have occurred at any one or more points in time leading up to and including the cover date... When accounting short sells in a...realized only accounting...the covering transaction goes into security purchase in the cover month...and the short sell amount goes into security sales in that same month...the profit/loss is realized in the cover month...