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#1
11-08-2005, 02:58 AM
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 Re: T-Bill recording "Cal Learner" <NoMailTnx[at]please.com> wrote in message news:la60n19ni2afs59qj803bflm9m3ijr8ncl[at]4ax.com... - quote - > In microsoft.public.money, songli wrote:
You're right, the type is "Bond", sub-type "Treasury Bill"> > I'm using Money2006. I bought $50k worth of 13-week T-Bills. > > > I defined 13wkTBill as a security. > "security" is not one of the Money types. I suspect you chose > "bond". - quote - > Bonds are priced as a percent of par/face value. If you keep that as
Great, thanks!> a bond, and you paid par, the total is $50,000 and the price is > 100(%). Quantity is 50000. - quote - > See http://support.microsoft.com/default...b;en-us;240555 > http://support.microsoft.com/default...b;en-us;823031 could > also be of interest -- no pun intended. > > > I can't figure out the math. Why is the total only 1% of what I'd expect? |
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11-08-2005, 02:24 AM
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| Re: T-Bill recording In microsoft.public.money, songli wrote: - quote - > I'm using Money2006. I bought $50k worth of 13-week T-Bills.
"security" is not one of the Money types. I suspect you chose> I defined 13wkTBill as a security. "bond". - quote - > When I try to enter this transaction, I put in Quantity 1, Price $50,000,
Bonds are priced as a percent of par/face value. If you keep that as> and it calculates the total as $500. ???? > If I enter quantity 100, price $50k, then the total is $50k. a bond, and you paid par, the total is $50,000 and the price is 100(%). Quantity is 50000. See http://support.microsoft.com/default...b;en-us;240555 http://support.microsoft.com/default...b;en-us;823031 could also be of interest -- no pun intended. - quote - > I can't figure out the math. Why is the total only 1% of what I'd expect? |
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#-1
11-08-2005, 01:28 AM
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| T-Bill recording I'm using Money2006. I bought $50k worth of 13-week T-Bills. I defined 13wkTBill as a security. When I try to enter this transaction, I put in Quantity 1, Price $50,000, and it calculates the total as $500. ???? If I enter quantity 100, price $50k, then the total is $50k. I can't figure out the math. Why is the total only 1% of what I'd expect? Thanks |
| Tags |
| recording, tbill |
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