How do record notational adjustment to an ETF that increases the book value of the investment

Unknown

mshiggins

Is this a US account or Canadian account?

Unknown

Canadian account

NotACPA

Please explain what you mean by a "notational adjustment" ... and why this isn't just a new price for the security.

Unknown

It is like a capital gain that only changes the book value of your investment and not the cash account or the number of shares you hold

Unknown

Craig said:

It is like a capital gain that only changes the book value of your investment and not the cash account or the number of shares you hold

No that would be the market value, the adjustment increases the book value of the investment (effectively reduces capital gains tax)

Tom Young

Craig said:

It is like a capital gain that only changes the book value of your investment and not the cash account or the number of shares you hold

"book value of your investment"

Is that the "cost basis" you're speaking about?

I'm thinking a long the lines of a capital gain not distributed to you in cash but which you were obligated to report as taxable income?

Unknown

Craig said:

It is like a capital gain that only changes the book value of your investment and not the cash account or the number of shares you hold

Yes sorry cost basis, yes this is it exactly

Unknown

Yes, wish we could do this as it is required by CRA. Tried different ways but does not work. We need a transaction item 'Adjustment to Book Cost'. It would only affect the cost of the security without changing the number of shares nor the market price. 
This is Canadian and It would be nice If Quicken took care of the Canadian side of things. This has been CRA law for the past 15 years at least and I have asked for this before.

Tom Young

Just to state what I think is happening... Some company or mutual fund or something has a capital gain, (I'm guessing at that - it doesn't really matter), a capital gain that shareholders have to recognize in their income tax return and which increases their basis in the company/mutual fund/something.
Using the US version I can achieve that pretty closely as follows:
Create a "Long Term Capital Gain" Category, (the _RlzdGain Category isn't available for your use):

Assign that Category to the correct tax form:

Report the gain in the Account using a MiscInc action:

And then remove the cash with a negative return of capital transaction:

That succession of  transactions does get the income reported, increases the basis of the stock without affecting shares or market value and leaves cash unchanged.
Not knowing the Canadian version at all I don't know if that's possible to duplicate.