"Jimbob" <any> wrote in message
news:uSDadanUEHA.3988[at]tk2msftngp13.phx.gbl...
- quote -

If I have it right Money stores data in the base currency for the account.
So you set up the stock as a US stock but the amounts of money entered for
the price, comission etc must be entered in the base currency for the
account (eg Canadian). Think of the currency converter tools as just
calculators for use at time of data entry rather than automatic conversion
tools.

Unfortunately this makes it confusing when it comes to bonds which are
effectively priced in %. Eg bonds normally trade around 95-105% depending on
where current interest rates are in relation to the bond rate - but this
also seems to be converted to base currency. In my case my account is in
British Pounds so my bond is listed at around GBP£0.75. I guess it's ok
once you understand what's going in but..

Hi,

I have an investment account in 'Canadian Dollars', today I purchased my 1st
US stock and I'm trying to figure out how to enter it. When I enter the
details, I tell Money it's a US stock and type in the US prices for the
price and the commission but after I've entered it, all it does is deduct
this amount from my cash account without doing any foreign conversion on it.

I checked under tools and there is a conversion rate there for US.

Do I need o set up another investment account in US funds to get this to
work right? or am I doing something else wrong?


Thanks
James