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Please is there a feature to amortise bonds, or manage financial instruments in general, that will recognise changes in value in Profit or Loss?
We run a small wealth management firm, investing in equity and debt instruments. Currently running Sage 50 and having a difficult time accounting for the financial assets. Use the Inventory Ledger to deal with equity shares, but this cannot handle changes in value.
A friend suggesting upgrading to Sage 300, but I'm unsure about the presence of the features.
Loc: Orlando, Florida USA
Another option is to track it in the GL using a GL account segment for fund (or whatever you want to call it) and quantities. This obviously depends on the volumes you're dealing with, but for smaller operations I've done this.