Buy shares
A buy spends cash and opens a lot. The lot keeps the share count and the cost. The market quote is set from the trade only if the security has no price yet, or if you check Also update the market quote.
Steps
- Open Portfolio and choose the brokerage account.
- Set Action to Buy.
- Choose the security, date, shares, and price.
- Leave Cash destination on this account, or send the cash from a checking account.
- Choose Record action.
If this goes wrong
If cash looks too low, the buy used cash already in the brokerage. Undo and record it again with a transfer account.