investments cost basis

#4 06-30-2008, 02:04 AM

The answer is that MONEY will not accept a cost basis of zero so I entered
..00001 and now all the reporting is correct. I think it is because of the way
MONEY calculates percentages in the Portfolio. I had to experiment a lot
before I figured this out. It sure would have been nice if MONEY explained
this somewhere in the program!!

"cg" wrote:

- quote -

> Investment activities for this stock does show it as an add shares at zero
> basis.
> When I vested in this option, I had to choose "exercise and sell" as there
> is no transfer option for stock options, so I did that at both zero cost and
> zero SP to remove the shares from the option account. I then "added shares"
> at zero cost to the broker account where they were sent to. In all cases
> MONEY shows this lot as a zero cost except when it calculates the gain/loss.
> It then arbitrarily adds a cost basis.
> "Cal Learner-- MVP" wrote:
> > In microsoft.public.money, cg wrote:
> > > > I am using the most current Money Plus Business & Home. It shows the loss in
> > > the Capital Gains Report.
> > > > > "Cal Learner-- MVP" wrote:
> > > > > > In microsoft.public.money, cg wrote:
> > > > > > > > I entered the stock cost of zero when purchased over a year ago. I just sold
> > > > > the stock and when I did I specified the lot for sale. Money used the correct
> > > > > lot and even showed the correct cost basis of zero but when it performed the
> > > > > calculation, it came up with a totally different cost and I ended up with a
> > > > > loss instead of a gain. Anyone know how to correct this> > > > > > > > > What program are you using?
> > > > > > > Where in the program does it show the loss you describe?
> > > > > > Go to InvestmentActivites for the investment, you will
> > get a list of transactions for that investment.
> > Check to see if the Buy or AddShares in question lists a $0 price.
> > > Also, was there a transfer from one account to the other? That can
> > make for some odd reporting.
> >

#3 06-14-2008, 08:16 PM

Investment activities for this stock does show it as an add shares at zero
basis.

When I vested in this option, I had to choose "exercise and sell" as there
is no transfer option for stock options, so I did that at both zero cost and
zero SP to remove the shares from the option account. I then "added shares"
at zero cost to the broker account where they were sent to. In all cases
MONEY shows this lot as a zero cost except when it calculates the gain/loss.
It then arbitrarily adds a cost basis.

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, cg wrote:
> > I am using the most current Money Plus Business & Home. It shows the loss in
> > the Capital Gains Report.
> > > "Cal Learner-- MVP" wrote:
> > > > In microsoft.public.money, cg wrote:
> > > > > > I entered the stock cost of zero when purchased over a year ago. I just sold
> > > > the stock and when I did I specified the lot for sale. Money used the correct
> > > > lot and even showed the correct cost basis of zero but when it performed the
> > > > calculation, it came up with a totally different cost and I ended up with a
> > > > loss instead of a gain. Anyone know how to correct this> > > > > > > What program are you using?
> > > > > Where in the program does it show the loss you describe?
> > > Go to InvestmentActivites for the investment, you will
> get a list of transactions for that investment.
> Check to see if the Buy or AddShares in question lists a $0 price.
> Also, was there a transfer from one account to the other? That can
> make for some odd reporting.

#2 06-14-2008, 07:41 PM

In microsoft.public.money, cg wrote:

- quote -

> I am using the most current Money Plus Business & Home. It shows the loss in
> the Capital Gains Report.
> "Cal Learner-- MVP" wrote:
> > In microsoft.public.money, cg wrote:
> > > > I entered the stock cost of zero when purchased over a year ago. I just sold
> > > the stock and when I did I specified the lot for sale. Money used the correct
> > > lot and even showed the correct cost basis of zero but when it performed the
> > > calculation, it came up with a totally different cost and I ended up with a
> > > loss instead of a gain. Anyone know how to correct this> > > > > What program are you using?
> > > Where in the program does it show the loss you describe?
>
Go to InvestmentActivites for the investment, you will

get a list of transactions for that investment.
Check to see if the Buy or AddShares in question lists a $0 price.

Also, was there a transfer from one account to the other? That can
make for some odd reporting.

#1 06-14-2008, 06:50 PM

I am using the most current Money Plus Business & Home. It shows the loss in
the Capital Gains Report.

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, cg wrote:
> > I entered the stock cost of zero when purchased over a year ago. I just sold
> > the stock and when I did I specified the lot for sale. Money used the correct
> > lot and even showed the correct cost basis of zero but when it performed the
> > calculation, it came up with a totally different cost and I ended up with a
> > loss instead of a gain. Anyone know how to correct this> > > What program are you using?
> Where in the program does it show the loss you describe?

06-08-2008, 11:35 PM

In microsoft.public.money, cg wrote:

- quote -

> I entered the stock cost of zero when purchased over a year ago. I just sold
> the stock and when I did I specified the lot for sale. Money used the correct
> lot and even showed the correct cost basis of zero but when it performed the
> calculation, it came up with a totally different cost and I ended up with a
> loss instead of a gain. Anyone know how to correct this> >
What program are you using?

Where in the program does it show the loss you describe?

#-1 06-08-2008, 09:48 PM

I entered the stock cost of zero when purchased over a year ago. I just sold
the stock and when I did I specified the lot for sale. Money used the correct
lot and even showed the correct cost basis of zero but when it performed the
calculation, it came up with a totally different cost and I ended up with a
loss instead of a gain. Anyone know how to correct this> >

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