BRK.B Shares Incorrect Price

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  • Updated 3 months ago
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When Reckon updates share prices of BRK.B that is listed on the NYSE it updates the USD price, yet the base cost shows in AUD.  The program therefore shows an immediate loss for the purchase of that share.  Can shares, quoted in forex be converted to AUD to correct reports?
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Gordon Vermaak

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Posted 3 months ago

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Diver Dave

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Gordon, if you have stocks listed off-shore I'd suggest you create an Investment Account for each Foreign Currency and record transactions there in native currency.

To keep track of you Foreign Investment in the A$ account, create a new Security, say BRK - A$.  You will need to manually record the price in A$'s - personally I do it once a week.