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Author
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Topic: What are capital asset format types?
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FN_User
Member
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posted 03-18-2002 01:17 PM
 
I'm having a problem. Sometimes when I try to sell an asset, I don't get the "Sold an asset?" prompt. I understand that responding "yes" to this prompt is very important in tracking the cost basis of my assets. I think my problem has something to do with using the right format type. I don't want everything to be "common/preferred stock." What other format types can I use?
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Renee
Member
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posted 03-18-2002 01:37 PM
When entering a transaction to record the sale of a security, FN asks if you are selling an investment when all of the following conditions are met:- The transaction is a deposit.
- The account you entered is an asset or liability with one of the Capital Asset format types. (listed below)
- There is no sold date in Asset and Liability Info.
Capital Asset Format Types:
The following are defined as a capital asset account that is tracked for purchase and sale information. - Other Current Assets (6)
- Common/Preferred Stock (7)
- Bonds (8)
- Traded Options/Warrants (9)
- Futures (10)
- Marketable Investments (11)
- Long Term Investments (12)
- Stock Purchase Plan (18)
- Collectibles (20)
- Precious Metals (21)
- Mineral Royalty (22)
- IRA/Keogh - Securities (24)
- Personal Property (27)
- Depreciable Property (28)
- Other Investments (30)
- Land (32)
- Investment w/carryover (34)
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Renée Trudeau
Financial Navigator Int'l
Manager, Technical Services
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