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Rewards
Christian Peter avatar
Written by Christian Peter
Updated over a year ago

You want to map your received reward transactions?

Then you are at the right place.

Rewards are shares that you have received through "Refer a friend" campaigns, as a gift or similar.

To use this transaction type, you can proceed as follows:

  1. Go to the desired portfolio

  2. Now select "New transaction

  3. Select "Rewards" for the type of transaction

  4. Now select the security from which you have received rewards

  5. Next, enter the number of shares you received.

  6. In the next step, select the date of the rewards and the purchase price*.

  7. Finally just "Add transaction

FAQ

Why does Rewards require a purchase price?

Rewards mathematically increase your invested capital, even if it is not your equity. Furthermore, Rewards require a "starting value" to calculate the return on investment. The return is calculated from the time of entry using the value at the time of entry.

Example:

Imagine you are given a classic car as a gift, which has a value of €10,000 at the time of the gift.

Within one year, the value increases to 20,000€, i.e. by 100%.

Your invested capital has nevertheless only increased by €10,000 and since the car was already worth €10,000 when you received it, the increase in value is also only 100%.

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