Re: Purchase Share Prices

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Posted by Mark on May 11, 2006 at 10:39:01:

In Reply to: Re: Purchase Share Prices posted by Carl on May 11, 2006 at 08:43:41:

: I'm reviewing the trasaction prices per a report titled Investment Transactions. When manually entering a transaction I assumed the default price that comes up was the closing price for that day. I guess this is not the case?

Hi Carl,

When manually entering a transaction the price that comes up by default is the price that Fund Manager has currently for a closing price on that date. It may be that you're entering a transaction on a date where you haven't yet retrieved the closing price, so that isn't quite accurate yet? You would normally want to double check that price against what you've paid, and make sure you record the buy/sell at the price you paid.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

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