Value Buy Sellback and Sell Buyback Trades
- Nancy Cohn (Deactivated)
The positions of buy sellback and sell buyback are always valued at a price of 100.00 and therefore, there are no postings for unrealized gain/loss. To have Eagle Accounting's valuation process work correctly, you can use one of the following two options:
When you establish regulatory categories for an entity/accounting basis, you can define the accounting rules for unrealized market gain/loss for the processing security type of DBIBSB to always revalue at cost.
You can input a price of 100.00 for each such security on a daily basis.
Buy sellback and sell buyback positions denominated in a foreign security are subject to FX revaluation. All positions of buy sellback and sell buyback securities are processed the same way as are the positions of any other securities in the FX Revaluation process for the entity and accounting basis.