Cost Basis Issue after selling all shares

The Portfolio Value and Cost Basis report shows two of our former investments with a cost value of $10.38 for one investment and $9.99 for the other. Market value is zero for both as all shares have been sold. I can't figure out how to adjust both Cost Basis to zero.

Best Answer

  • Mark1104
    Mark1104 Member ✭✭✭✭
    edited June 19 Accepted Answer
    I run into the same problem from time to time

    Enter a RTRNCAP (return of capital) transaction for each security you note above. that will zero out the security cost basis.

    Then, you'll have to charge off the amounts with a MISCEXP transaction to get the cash column back in synch

Answers

  • Mark1104
    Mark1104 Member ✭✭✭✭
    edited June 19 Accepted Answer
    I run into the same problem from time to time

    Enter a RTRNCAP (return of capital) transaction for each security you note above. that will zero out the security cost basis.

    Then, you'll have to charge off the amounts with a MISCEXP transaction to get the cash column back in synch
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