First you need to assign your new designated account. Go to Master Chart of Accounts and add the new gain account under Income Class, Investment Income Group, and the Capital Gains Category. Either add your new account, or change one of the gain/loss accounts already set up there.Then go over to the right side of the screen (account properties) and move over to the tax code column. Choose the cell for your new gain account, use the drop down menu to choose your tax code and click on the appropriate tax code.
OR, you can also change your tax code by:
Accounts | Tax Code Changes and choose which tax effect you would like your new account to have.
Then go to Enter Transations. Once you are ready to enter a transaction, go to Tools | Transaction Activity Options.
For each gain option (short,mid,long) click on the button and when the screen with the choices pops up, chose the new gain account you set up. It should be listed with the other default choices.
Once you have done that, any sale you post should auto default to that new gain account you set up.
[This message has been edited by Pamela (edited 08-31-2001).]