How do I record a stock exchange

Yves BeaupréYves Beaupré Member ✭✭
edited June 13 in All things Canadian
Can someone tell me how to enter/record a stock exchange

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Answers

  • NotACPANotACPA SuperUser ✭✭✭✭✭
    Do you mean an exchange of one stock for another?  HOW is that an "exchange" and not simply a SALE of the 1st and a BUY of the 2nd?
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Yves BeaupréYves Beaupré Member ✭✭
    Hi,

    These are a mutual fund shares of 2 mutual funds that were merged into one and where the number of shares decreased from 300 to 100.

    Thanks
  • NotACPANotACPA SuperUser ✭✭✭✭✭
    Still not quite following. 
    Was Fund A merged into Fund B.  And did you own both before the merger?
    OR were Fund A AND Fund B merged into Fund C?
    Also, what Q product are you running?  What country?  What Build of Q?  (Do HELP, About Quicken for this info).
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Yves BeaupréYves Beaupré Member ✭✭
    Fund A was Merged with fund B but I didn't own fund B before.

    Then the number of shares were decreased from 300 to 100 and the cost basis remained the same.

    Note I use Quicken 2019 Home and Business for Canada, Build 27.1.16.22.

    Thanks,
  • Yves BeaupréYves Beaupré Member ✭✭
    Hi,

    Thanks for your reply.

    I will do as suggested.
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