I have an investment account and QB is linked to it. I cannot find a way to identify the units of stock that I procured. Any suggestions on how I can add units?

Hello jacques-tessier,

It sounds like you're using the bank feeds feature in QuickBooks Online to pull transactions from your investment account in order to review and categorize them. The bank feeds are a great tool and make entering your income and expenses a breeze. Let me go over how you can enter your stock into QuickBooks Online.

If by stock you mean inventory, you'll be able to Set up and track your inventory in QuickBooks Online Plus with ease. You can track what you have on hand, watch the amounts change as you sell and restock, and use the reports section to check on the status of your inventory. The article I linked will give you all the steps to turn on and use this feature with ease. Please check it out. 

When you're set up with inventory tracking, you'll be able to create bills and expenses for specific inventory that you repurchase. Then it'll reflect in your quantity on hand, but you'll also be able to match it with the transactions that come into your bank feed.

If you're referring to purchasing stock as in shares of a corporation, this is a question best suited for an accounting professional. They'll know the best way to record these purchases in your books and can advise you on the types of accounts you should set up. If you're already working with an accountant, navigate to the My Accountant tab to invite them to work on your books with you. You'll also find the Find a pro to help button on the same page, which will take you to our directory of QuickBooks-certified accountants. If you don't have an accountant, you'll be sure to find one that's more than keen to help you with QuickBooks-specific accounting questions.

Let me know if you come across any other technical QuickBooks questions, and I'm happy to give you a hand.

Surely, Intuit/QB has recommendations how to best manage a stock market portfolio. If I have a stockbroker account (yes connected to QB online), I should be able to EASILY keep track of stocks/shares of companies that I buy and sell so that I can report to Revenue Canada my capital gains and capital losses within my company. I can think of a few ways, some manual, some cumbersome. I probably do not want set up an account for every share/stock that I own / owned / will-own. I probably do not want to be buying / selling in one QB account and keeping an excel spreadsheet on the side to figure out capital gains / loss.  What does QB/Intuit recommend? 

Hi accounting120,

Thanks for joining us here.  As mentioned above, it's best to speak with an accountant or an associate for the best way to record and track your stock market portfolio in QuickBooks Online.  Their expertise and best course of action will ensure a positive outcome on your books.

We're here if you have other questions!