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:
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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.
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Select the record(s) to be adjusted. To select multiple records for the same security, hold down the Shift button and select each record.
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From the Adjustments menu, click Cost Basis (or use the <CTRL + ALT + A> shortcut keys).
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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.
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TradeLog will adjust the per trade or per share price proportionally in order to increase or decrease by the amount you specified.
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You will be prompted to save the records, click Yes to save the adjustment.
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