Your MYOB software isn't specifically designed to track the buying and selling of shares, but it's flexible enough to be customised for this purpose. We'll step you through one method you can use to ...
Updated 9 years ago
Version 1.0
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If you have not sold any shares, then there should not be any amount in Loss on Share Sales.
The Bank Account that you use for your Share Trading should be reconciled on a regular basis.
When I buy shares, I use Spend Money from my ANZ Share Trading Account with the debit to the individual share bought.
The yearly summary from your Broker should be reviewed to MYOB.
The Portfolio should be agreed to your Balance Sheet, the Dividends/Interest should be agreed to MYOB and Capital Gains/Losses should be agreed to MYOB.
Hope this helps.
Duncan