Re: how to handle 401K Company Contribuition

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In Reply to: Re: how to handle 401K Company Contribuition posted by George on February 01, 2000 at 19:14:14:

: : : My company pays into my 401K 55Cents on the dollar that I invested during a year at the end of Jan of the following year.

: : : What transaction should I use to record this company contribution?

: : : Regards,
: : : Larry

: : Larry,
: : It is sort of up to you, how you would like to track this.
: : You can either record this is a $0 cost investment, or record it just
: : as a purchase. Either way, you would record it as a purchase.

: : Thanks,
: : Mark
: : --
: : Mark Beiley
: :
: : Fund Manager for Windows 3.1x/95/98/NT
: :
: :

: How do you enter it as a no cost investment. I though I tried that and it would not let me

: Thanks

: George

Hi George,
Sorry for not mentioning that. You can record the commission equal to the
negative of the value of the purchase.

Thanks,
Mark
--
Mark Beiley

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

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