Cal
Mon Nov 07 21:24:04 CST 2005
In microsoft.public.money, songli wrote:
>I'm using Money2006. I bought $50k worth of 13-week T-Bills.
>
>I defined 13wkTBill as a security.
"security" is not one of the Money types. I suspect you chose
"bond".
>
>When I try to enter this transaction, I put in Quantity 1, Price $50,000,
>and it calculates the total as $500. ????
>
>If I enter quantity 100, price $50k, then the total is $50k.
Bonds are priced as a percent of par/face value. If you keep that as
a bond, and you paid par, the total is $50,000 and the price is
100(%). Quantity is 50000.
See
http://support.microsoft.com/default.aspx?scid=kb;en-us;240555
http://support.microsoft.com/default.aspx?scid=kb;en-us;823031 could
also be of interest -- no pun intended.
>
>I can't figure out the math. Why is the total only 1% of what I'd expect?