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Re: entering stock bought with us$, listed in c$[ Q2 03 - Q4 05 Archive ] [ Current Message Board ] [ Archives ] [ Search ] Posted by Mark on September 29, 2005 at 11:07:41:In Reply to: entering stock bought with us$, listed in c$ posted by jeffrey on September 28, 2005 at 21:14:49: : i just purchased a stock which is only listed on toronto exchange. all the quotes (eg yahoo)are shown in canadian dollars. when i update prices they are in canadian dollars. yet the purchase was in u.s. dollars, through a u.s. broker. the record keeping is screwed up because of this. if i enter the purchase showing the number of shares and amount in u.s$ then the graph and reports are showing a large gain when none exists since the can$ quoted price is higher. if i enter the transaction using can$ then it shows as too many us$ coming out of acct or wrong number of shares. : how do i deal with this situation? ( i have read the info on currency several times, but am not getting any answers from it). can i enter the transaction in us$ and have it automatically converted so the graph shows can$? or is there a better way to do this?
You must enter all prices and transactions into an investment in the currency assigned to that investment. You can assign it as either US $ or Canadian $, but whatever you choose, you need to use for both pricing and transactions. The currency settings are for converting entire investments from one currency to another, so if you created this stock in Canadian $, but wanted to display all your investments in US $, you could do this. You'll have to decide whether you want to track this investment in US or Canadian dollars, and then record all your pricing/transactions in that currency. Thanks,
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