Financial Software Questions? Ask IT Support for Answers ASAP
Hi, I'm Robert and I'll be helping you with your financial software question.
Do you mean that you had bonds and the interest that they earned was reinvested into another bond ?
I bought a bond and the price was the market value plus the interest accrued to the purchase date. I assume that the accrued interest needs to be recorded separately. It is a purchase expense as is the bond price. How do I record these?