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Posting purchase of shares

Posted: 12 Aug 2019, 18:07
by Baker101
How do I post the purchase of shares in another company

Re: Posting purchase of shares

Posted: 13 Aug 2019, 13:13
by brucedenney
Shares in another company are an asset purchase so you need to create an asset account in the 00xx number range and post the expense to there.

This is assuming you are following the standard sage nominal code numbering convention.