|
|
Re: QIF import doesn't recognize CvrShrt transactions[ Message Board ] [ Archives ] [ Search ] Posted by Mark on August 25, 2006 at 17:00:22: In Reply to: QIF import doesn't recognize CvrShrt transactions posted by Bob on August 25, 2006 at 16:31:37: : Exported QIF file from Quicken Deluxe 2005 for one of my accounts, and imported with Fund Manager Personal v7.7. It seems none of the short cover transactions were recognized. I don't even see it in the transaction selection dialog window when I narrow the date range to when I know the transaction took place. Quicken codes it as : ^ : in the QIF file. It seems when I replace CvrShrt with Buy, FM can see it during import. : I have no problem with this as a workaround, but is there any difference between a buy and a cover short transaction in FM in terms of tax treatment and lot treatment? : A related question, is there a way to generated a capital gains report for just a single security? : Thanks,
Your workaround should be fine, as long as you were short in the position when you bought (covered short). Fund Manager determines whether you are long or short in a position based on your share balance. If you own a negative number of shares in a Fund Manager investment you are considered to have a short position at that time. If you record a buy, this is covering that short position. If you own zero or a positive number of shares and record a buy, this in increasing or opening a long position. In both cases, it is just a buy transaction. This is probably a longer explanation than you wanted, but the short answer is it should be fine to replace "CvrShrt" with "Buy". I'll also see about getting support added for "CvrShrt" in a future version. On your capital gains question... You could create a temporary new sub-portfolio, and put just the one investment in there, and then create your capital gains report for that sub-portfolio containing just the one investment. An investment can be instantiated in multiple sub-portfolios. Thanks,
|
| FundManagerSoftware.com | Search | Site Map | About Us | Privacy Policy |
| Copyright ©1993-2024 Beiley Software, Inc. All rights reserved. |