How do I enter accrued interest on purchase?

[DavidJ]

Hi!

I'm still trying to understand the new features of v.10.

Please tell me how to enter accrued interest on a bond purchase.

On April 30, 2009 (issue date) I bought $25000 worth of a bond dated April 15, 2009 @ 100.113235. The accrued interest was $0.51357 per $1000, for at total of $12.84, so the cash I actually paid out of pocket was $25,041.15.

What do I enter into which field when I create a "New Investment" to record the purchase?

Thanks again.
David.

[Mark]

Hi David,

In the "New Investment" dialog, make sure you've set the "Investment Type" to "Bond" and then in the "Opening Data" section you enter this:

Date: 4/30/09
Price: 100.113235
Shares: 250
Accrued Interest: 12.84
Commission: 0

[DavidJ]

Thanks!

D.