Return of capital reduces your basis. So - instead of entering the amount as
interest, figure out how much is amortization and do a split -- part being
interest and part being return of capital. The hard part is figuring out how
much is amortization and Money can't do that for you.

--
Michael Gordon
MVP


"Rick" <Rick[at]discussions.microsoft.com> wrote in message
news:00044D90-CF11-4EC7-80F0-0A646E20A8C2[at]microsoft.com...
- quote -

Thanks - can you elaborate on how to accomplish the amortizatoin by using a
return of capital transaction?

"Michael Gordon, MVP" wrote:

- quote -

Hi Rick,
Money handles accrued interest ok, it can only amortize bond premiums if you
do a return of capital transaction, it cannot handle accrual for bonds
bought below par, and it does a terrible job on Treasury Bills.

--
Michael Gordon
MVP


"Rick" <Rick[at]discussions.microsoft.com> wrote in message
news:1FE5D013-3137-4A25-8941-C38C3339EF86[at]microsoft.com...
- quote -

Does anyone know how Money 2006 calcualtes the capital gains for Bond sales?
Does it subtract any accrued interest paid from the basis or received from
the sale in calculating the amount of gain? I am particularly interested in
finding out if it amortizes bond premiums.