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Posted by Jeff on August 2, 2006, 3:02 pm
Please log in for more thread options Thanks. I do not personally need to distinguish them. It's the downloads
that shows them as different and because I am no expert in book-keeping I am
always afraid to do anything that might be "wrong". What I have done is to
just rename them (name change) as you suggested. Wanted some reassurance
that I was not doing a book-keeping no-no from someone more knowledgeable
<grin>
Thanks for replying.
Jeff
> Do you really need to distinguish the bonds in your records? Is there
> any difference in how the bonds are priced or valued, or any tax
> consequences? If so, or if you really want to record this event, you
> could do a corporate acquisition. If not, a name change is easier.
>
>
>>There are bonds that are issued as "Class A" bonds (no sales commission).
>>Later on they become converted into "Class B" bonds. The name remains the
>>same otherwise.
>>
>>What is the best way to enter this share exchange in Quicken? If I do a
>>remove (class A) transaction and an add transaction of the class B shares
>>I
>>lose the cost bases history. Is there a better way to do this? Would a
>>corporate name change be better, even though that seems to convert the
>>name
>>in the transactions prior to that date?
>>
>>Jeff
>>
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