I have followed the help section on "Convert foreign
currencies for investments (my default currency is
Canadian, I have bought US stocks), but the conversion
amount is entered into the Commissions field. The
reporting would be incorrect. What should I do?

Re: Managing foreign stocks by CWatters

CWatters
Tue May 11 06:03:56 CDT 2004


"Lulu" <anonymous@discussions.microsoft.com> wrote in message
news:7bc401c43140$f5b0d010$a301280a@phx.gbl...
> I have followed the help section on "Convert foreign
> currencies for investments (my default currency is
> Canadian, I have bought US stocks), but the conversion
> amount is entered into the Commissions field. The
> reporting would be incorrect. What should I do?

Here is how I enter transactions for foreign stocks....

1) enter the quantity of stock traded
2) then use the currency converter to convert the commission to my default
currency.
3) then do the same for the total paid.
4) then click in the price box and the price will be automatically
calculated in your local currency.

If you already have figures in your local currency (eg for commission) I
just enter these without using the converter.

This seems to give the right info in reports - at least I haven't noticed
any errors!

Colin