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Re: How do you handle a short position

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Posted by Mark on July 30, 1999 at 08:05:08:

In Reply to: How do you handle a short position posted by Rick Hoffman on July 30, 1999 at 00:03:30:

: Excuse me if I missed it in the help file, but how do you hand a short sale position?


Hi Rick,
You can record a sell when you open a short position, and a buy when you
close it. You can own a negative number of shares. FM won't report
capital gains for this situation though, this is something we plan to improve
on. Another way to record it, is to record a buy of negative shares, and
then a sell of negative shares. Either way will work.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT




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