Stock Portfolio Transfer

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brentbond
Posts: 49
Joined: Sat Sep 04, 2010 4:12 pm

Stock Portfolio Transfer

Post by brentbond »

We will be receiving a contribution from an individual in the form of a portfolio of stocks being transferred into our name (value $80K). How do I get this amount "into" PC+ initially since it wont be "going through" our checking or savings account? It would be just a transfer of names of ownership.

Thanks for the help.

JohnDMeyers
Posts: 1338
Joined: Sun Oct 07, 2007 9:50 am
Location: Potsdam, NY
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Re: Stock Portfolio Transfer

Post by JohnDMeyers »

DB 01-1280-000 Stock Portfolio
CR 01-4290-000 Gifts-in-kind income (non-cash)
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