Investment Bookkeeping
Gains/losses on investments and cash calculated and reconciled
TTI’s Investment Bookkeeping worksheet takes raw transactions from broker statements and produces detailed reports for tax and accounting purposes.
It supports over 60 types of transactions covering purchases, dispositions, income, expenses, cash, taxes, adjustments, and more. Click here for the complete list.
Complex issues like foreign currency gains/losses are expertly managed, and all for detailed control over the results as needed.
Please review the screenshots/PDF and training video for more information:
Cash
Opening cash reconciled to closing cash including foreign currency amounts
Investment ACB
Opening ACBs by account reconciled to closing ACBs in native units (e.g. US dollars) and Canadian dollars
Worksheet
Input of transactions and detailed review of effects on cash, ACBs, and gains/losses
Reconciliation
Closing ACB balances and quantities by account
Gains-Losses by Asset
Detailed breakdown of gains/losses by asset, in native units (e.g. US dollars) and Canadian dollars
Gain-Loss Summary
Summary of gains/losses by type and account in native units (e.g. US dollars) and Canadian dollars
Income by Asset
Detailed breakdown of income by asset in Canadian dollars
Income by Account
Summary of income by account in native units (e.g. US dollars) and Canadian dollars
Income by Country
Summary of income by country in native units (e.g. US dollars) and Canadian dollars
T1135
Amounts to support filing the Foreign Income Verification Statement
Tax Slips
Reconciliation of tax slips to income by account
Journal Entry
Balanced debits and credits that summarize period transactions for accounting records
