Hello I have being manually entering spaceship app investment manually with the custom option. How do i enter management fees? seems like the app is directly selling the units for the fee. Do i treat it as a sell trade? and management fee will be claim at tax time
Here is how the fee is listed
Management fee $2.50
Units
-1.077066
Unit price
$2.32112
Units redeemed
02 Nov 2021
Did you get the answer?
How are you currently managing to add the management fees?
Hi @Min thanks for your message. Have you checked with Spaceship or your accountant whether the management fee can be included as part of the cost base? If you can, then you can either add that as part of the buying cost i.e brokerage field or add that into the sell price as you suggested. If that cannot be added, then you’ll have to add it into a cash account.