More Import Issues

[Derek Atkins]

"David T." <sunfish62 at yahoo.com> writes:

> I have to change something here so that my account balances are accurate. I see
> a couple of solutions: 
>
> 1a) I could change the source account from Checking to Equity:Opening Balances
>
> 1b) I could change the source account to Retained Earnings
>
> 1c) I could change the source account to yet another account (suggestions?)
>
> 2) I could change the transaction to reflect the shares added without retaining
> the actual cost
>
> As far as I can tell, Option 1 in all its flavors retains the cost basis, which
> would be useful, but I imagine it throws off overall calculations of worth.
> Option 2 would keep worth accurate, but would remove cost basis analyses. Under
> the circumstances, what would be the recommended path? And, if Option 2 is the
> most appropriate solution, what steps exactly would I do to change the
> transaction? (The last time I tried to alter the costs, I ended up with
> negative share balances, I don't know why?)

I would recommend any option 1.  Which one is up to you.

> Thanks,
> David

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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