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Westfarmers take over of Coles
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Westfarmers take over of Coles
« on: May 14, 2008, 11:54:14 AM »

i am trying to enter this transaction into Quicken Home & Business 2008.
Quicken provides many options for share transactions, however, i cannot work out which to use.
here are the details

Coles Shares        600
Result of the take over we received the following

Westfarmers Ordinary Shares      100
Westfarmers PP Shares             85
Cash                             $1700

Please how do I enter this

Many thanks
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Re: Westfarmers take over of Coles
« Reply #1 on: May 23, 2008, 05:32:29 AM »

I too have new Wesfarmers shares, and interestingly there is already a ruling from the ATO on how to manage the reporting of the buy. This ultimately effects how the transaction is entered in accounting/personal accounting software.

Visit http://www.wesfarmers.com.au/getfile.aspx?Type=document&ID=24830&ObjectType=3&ObjectID=2780

for details.




Jason
www.quickbooksolutions.biz
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