When you invest in bonds, you effectively lend money to a government or company at an agreed interest rate for a specified amount of time. The borrower promises to pay you interest at regular intervals, and to repay your loan at the end of the term.
To enter investments in Bonds, from the ASSETS TAB, select ADD NEW ASSET.
Click ADD NEW ASSET.
Select the Account.
Select the Asset Class (Bonds) and Asset Category (Domestic or Foreign).
Mclowd now displays:
Enter the Asset Name.
In Asset Type, choose Government or Corporate.
Enter your Certificate Number and the applicable Coupon rate (%).
Enter the date you purchased this Bond, and the date it Matures, by selecting from the popup calendar.
Enter the total purchase cost of the Bond.
Enter the Volume (number of units you hold)
Select the bank or loan account from which you drew funds to purchase this bond.
Click SAVE ASSET or SAVE & ADD ANOTHER if you have more Investments to add.