Track foreign currency on Sharesight

Sharesight beta feature for tracking Foreign exchange currency

Step by step guide:

1 From the left panel ‘Add New Holdings’ on the ‘Add or import holdings’ page, type the holding name: the foreign currency or code in the ‘Search by name or code’ box. Foreign exchange currency is on the FX: Foreign Exchange Market in Sharesight.

1. Type in FX Aus

2 Select if you are adding a ‘Buy’ or ‘Opening Balance’

Buy - step by step guide

3 Select the date of the transaction from the dropdown calendar.

4 In the ‘Quantity’ box, input the number of foreign currency purchased from the Buy trade.

5 Input the ‘Exchange Rate’ at the date of the Buy trade. Alternatively select the exchange rate provided by Sharesight by selecting the rate below the box.

The exchange rate is foreign currency to the currency of the portfolio, as determined by the portfolio residency.

6 Input ‘Brokerage’ fees if there are any. Brokerage can be in foreign currency or the currency of the portfolio, as determined by the portfolio residency. Select the currency from the dropdown menu above.

7 Review and then click ‘Save this holding’.

Buy trade FX

Opening Balance - step by step guide

3 Select the date of the Opening Balance from the dropdown calendar. We recommend using the date of the beginning of the financial year.

4 Input total foreign currency cost at Opening Balance date in ‘Cost base’.

5 Input number of foreign currency at Opening Balance date in ‘Quantity’.

6 ‘Market value’ is calculated by Sharesight using the ‘Quantity’ of foreign currency, divided by the exchange rate. The exchange rate is foreign currency to the currency of the portfolio as determined by the portfolio residency and can be edited by selecting the ‘edit’ link.

To change the market value, select the ‘edit’ link and input a ‘Market price’ and ‘Exchange rate’ at the date of the Open Balance.

7 Review and then click ‘Save this holding’.

Opening balance FX

Once the trade is saved, your foreign currency will be added to your Sharesight portfolio and the Portfolio Overview page will load. If you haven’t set up custom grouping, your holdings will be grouped by market on the Portfolio Overview page. Foreign exchange currency is located in Foreign Exchange Market, FX.

FX on the overview page

Click on the foreign currency to load the individual holding detail page of foreign currency.

FX page

Last modified on December 4, 2017 UTC