Fund Manager
PORTFOLIO MANAGEMENT SOFTWARE
Contact Us

What is the difference between purchase and transfer in?

General questions about using Fund Manager that do not fit into any other forum.

Postby boblee0918 » Sat Jun 02, 2018 4:34 am

The money can be purchased or transferred in, and sold or transferred out. What is the difference?
boblee0918
 
Posts: 5
Joined: Sun Mar 13, 2016 8:25 am

Postby Mark » Sat Jun 02, 2018 9:05 am

Hi boblee0918,

A transfer in allows you to have a different cost basis date/value for the transferred in shares. If you are just purchasing cash, I'd suggest just using a purchase, as it is simpler, and separating the cost basis from the transfer information is not necessary in the cash of adding cash.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
Site Admin
 
Posts: 11252
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ


Return to General

Who is online

Users browsing this forum: No registered users and 13 guests

FundManagerSoftware.com | Search | Site Map | About Us | Privacy Policy
Copyright © 1993-2024 Beiley Software, Inc. All rights reserved.
cron