TD

[alpappy]

HI what is the best way to set up a 5 year term deposit that pays a monthly coupon

Can this be set up to add automatically ?

Thanks
alan

[Mark]

Hi alpappy,

You can either record it like cash, or a bond. If you record it as cash, just put the shares and value the same, and set the price to 1. You wouldn't use the "Income" properties for cash. Probably the better way is to record it like a bond, where the shares are 1/100th the value, and the price is 100. You can then set the income properties to bond style, and enter the coupon rate and payment frequency. You can then get all the bond calculations, like in the Income Schedule report.

The interest transactions do not record automatically.