Your MYOB software isn't specifically designed to track the buying and selling of shares, but it's flexible enough to be customised for this purpose. We'll step you through one method you can use to ...
Updated 9 years ago
Version 1.0
Blog Post
Duncan,
You wrote above:
"As you mention, Receive Money is used for Sale of Shares.
The total receipt is posted to the Asset Account.
From the Purchase and Sale Contract Notes, you calculate the Capital Gain/Loss.
If all the holding is sold, by default, the asset account is nil."
This has been working well for me until recently I needed to record a sale of only a part of a holding. How do I do that? In this case, I need to end up with the asset account not being nil.
Cheers, Hal.