Asset value recognized transaction

With the exception of Forex and CFD instruments, the asset is booked when the purchase is made, i.e. the account balance decreases by the transaction amount and the corresponding securities account increases more or less by this asset.

Buying and selling

The visibility of the properties can change depending on the choice of instrument. In the case of a bond and convertible bond, for example, the accrued interest can be entered.

Buy and sell properties
  • Accrued interest: For bonds and convertible bonds, this input field appears for the accrued interest.

Selling

Only held positions with their maximum number of units can be sold.

Interest/dividend

When entering interest or dividends, the system checks whether the specified number of units was held at the time of the transaction. In the case of a dividend, there is the ex date and the payment date, whereby the payment date is always the more recent date. Ultimately, you can still receive dividends for an instrument that has been sold, as the ex-date was before and the payment date after the sale. In such a case, the ex-date must be entered in the transaction so that the plausibility check of the transaction is successful.

  • A negative dividend or interest can be recorded for a reversal. But it should not be used for accrued interest.
Interest/dividend properties
  • Subject to tax: Most income is subject to tax, therefore the checkbox is activated. However, there is also tax-exempt income. For example, tax-exempt capital gains in Switzerland, in such cases deactivate the checkbox.

Video with practice of securities transactions

Where are securities transactions recorded and processed in GT. This is explained using examples with an ETF and a bond. The dividend includes a currency that differs from the instrument and the accrued interest is explained for the bond.

  • Purchase, dividend and sale of an ETF
  • Purchase, interest and sale of a bond

Unfortunately only in German:

Special events with multiple transactions

Sometimes there are events that can be replicated with multiple transactions. When replicating these events in transactions, the account balance will be temporarily affected. Ultimately, it must be considered whether the replication of the event changes the account balance or leaves it unchanged and what the effects are on the securities account(s). The necessary transactions can usually be easily derived from the consideration of this initial situation and the desired result.

Securities transfer

In GT, a securities transfer with a securities delivery and securities deposit is carried out as follows:

  1. On the day of the securities transfer, a sell transaction is executed on the held position of this instrument. Possible transfer fees are entered as transaction costs.
  2. The amount resulting from this sale transaction, excluding transaction costs, is transferred to an account of the securities depository with an account transfer.
  3. Buy the same instrument again from the securities deposit account, using the same price and the same date for the transaction time as for the sale.
  4. Repeat steps 1-3 for all instruments in this securities transfer. Step 2 can be the sum of several securities sales.

Using this method, it is still possible to see in GT how successfully the corresponding instrument was traded. In GT, the entire history of all trades for an instrument can be viewed at portfolio level under Securities account and in the watchlist. Additional advantages of this possibly unique method:

  • The loss or profit is credited to the securities account of the securities delivery up to the time of the securities transfer.
  • The possible transfer fees are correctly allocated to the instrument and custody account involved.
  • The balance of the bank accounts involved is the same before step 1 and after step 3. Excluding the transfer fees, of course.

Spin-off

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