Fees & taxes

Fees and taxes are typically reconciled at the time of purchasing or selling securities. However, there are instances when it may be necessary to record them at a different time. The dialog boxes in Figure 1 demonstrate that the same input data is required: the name of the security, the name of the deposit account, the transaction date, and the amount (debit or credit note).

Figure 1. Fees, Fees Refund, Taxes, and Tax Refund transactions.

You can choose for a deposit account with a currency different from that of the security account. An additional input box for the exchange currency will be displayed (refer to Figure 2).

Figure 2. Using different currencies for securities and deposit account.