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Redemption of Treasury Bill

Questions about updating prices or transactions in Fund Manager

Postby dlevy » Mon Mar 05, 2018 12:49 pm

I bought a one-year TBill at a price of 99.50. When it matured I received 100.00. As it was sold at a discount, the tax treatment is that the .50 is interest income and not a capital gain.

How can I code the redemption get the amount to show up on the "Distribution Summary" rather than the "Capital Gain" report?
dlevy
 
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Postby Mark » Mon Mar 05, 2018 12:54 pm

Hi dlevy,

Record an "accretion" transaction. See Bond Accretion and Amortization in the online help.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Postby dlevy » Mon Mar 05, 2018 3:43 pm

Of course. That worked perfectly. Thanks!
dlevy
 
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