Certain events may require an adjustment to the cost basis of a position. These may include nontaxable stock dividends, non-dividend distributions, capital gain allocation, pass through gains/losses and payment in lieu of dividends (for short sales).
The Cost Basis function in TradeLog allows you to manually make adjustments to the cost basis of a specific trade.
To adjust the cost basis of a trade:
Identify the trade that needs to be adjusted. Only select multiple records for the same security if they are to be adjusted by the same amount.
Select the record(s) to be adjusted. To select multiple records for the same security, hold down the Shift button and select each record.
From the Adjustments menu, click Cost Basis (or use the <CTRL + ALT + A> shortcut keys).
In the adjustment dialog box, enter the amount to adjust, whether you are adjusting per trade or per share, and whether to Increase or Decrease the cost basis.Then click OK.
TradeLog will adjust the per trade or per share price proportionally in order to increase or decrease by the amount you specified.
You will be prompted to save the records, click Yes to save the adjustment.
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