Stocks/add stock

This page describes how to add stocks to your portfolio

We will take the Intel (INTC) stock as an example.

• Go to tools/Security Editor
• Click "Add"
• Put "Intel" into the "Full Name" field
• Put "INTC" into the "Symbol/Abbreviation" field - for other stocks: the symbol depends on the source of your online quotes.
• Take "NASDAQ" as the type
• If you like to get online prices mark the field "Get online quotes"

Now create a new account

• right click on "Assets"/"New Account"
• choose "Stock" as type
• click on the "Select" button for the "Security/Currency" field
• choose "NASDAQ" as type and "(INTC) Intel" as security
• Put "Intel" into the "Account name" field"
• Click "Ok"
• Optionally you should also add related income and expense accounts.

You have now a new account with the currency INTC. If you choose to get online quotes you can receive online quotes in tools/price editor and clicking on "get quotes".

Stocks noted in foreign currency

If you start your first (buy) transaction from your stock account, the currency of the parent account will be used. Assuming your default currency is USD and you wish to buy stocks in EUR, then you should first create a normal asset account of currency EUR and below this your stock accounts.

Alternatively you could start your first transaction from you EUR cash or bank account, but with the first approach everything is much clearer - also later if you forgot the nominal currency.