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#1
07-12-2003, 10:16 PM
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 Re: bond transactions FWIW, you don't have to amortize - you can elect to take a loss when the bond matures or is sold. -- Michael Gordon - MVP "Dave" <davebrla[at]yahoo.com> wrote in message news:0adb01c33f48$0ae91af0$a001280a[at]phx.gbl... - quote - > I purchased a commercial bond at a premium because the > coupon rate is higher than current interest rates. As > interest is received, I need to amortize the bond premium > against the interest received and reduce the cost of the > bond for the amount of the premium amortized. Can this > be done in Money 2003? |
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07-02-2003, 07:20 PM
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| Re: bond transactions In microsoft.public.money, Dave wrote: - quote - > I purchased a commercial bond at a premium because the
Not automatically. You can enter Return Of Capital transactions for> coupon rate is higher than current interest rates. As > interest is received, I need to amortize the bond premium > against the interest received and reduce the cost of the > bond for the amount of the premium amortized. Can this > be done in Money 2003? the amortized amounts, but Money will not calculate the amount. Money will reduce the basis. |
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#-1
06-30-2003, 09:41 PM
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| bond transactions I purchased a commercial bond at a premium because the coupon rate is higher than current interest rates. As interest is received, I need to amortize the bond premium against the interest received and reduce the cost of the bond for the amount of the premium amortized. Can this be done in Money 2003? |
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