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FX USD to GBO Conversion for Capital Gains report

Questions on using, creating, or understanding data in Fund Manager reports.

Postby kosmicmisfit » Tue Aug 24, 2021 9:38 am

Hello

I want to be able to convert all transactions that go into capital gains report by a fixed fx amount.
What is the best way to achive this?
Thanks
kosmicmisfit
 
Posts: 18
Joined: Sun Dec 16, 2018 10:57 am

Postby Mark » Tue Aug 24, 2021 9:13 pm

Hello,

Can you give me an example? So, if you bought something for $100 you want to change it to something like $105? Are you trying to add the same fixed amount, or scale by some factor because if currency?
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Posts: 10527
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ

Postby kosmicmisfit » Tue Aug 24, 2021 11:17 pm

DD/MM/YY TRAN SYMB BNUM ANUM CNUM
29/06/2020 Buy ABBV 100 96.51 1.00
13/07/2020 Sell ABBV 100 98.02 1.02

Above prices in USD. Need to convert to GBP for Cap Gains. So Divide Cost & Disposal by say GBP to USD 1.4.

worst case I can fx the data before importing into FM. As I have been doing
kosmicmisfit
 
Posts: 18
Joined: Sun Dec 16, 2018 10:57 am

Postby Mark » Wed Aug 25, 2021 3:42 pm

Hi,

You can use the multiple currency feature. You can view your capital gains in either the native currency of the investment or a default currency, and you can choose both of these. See the multiple currency tutorial here:

https://youtu.be/NYfl80EI0b0
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
Site Admin
 
Posts: 10527
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ


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