Adding a private placement stock

rbsimplifi

How do I account for the purchase of a private placement stock? I have a checking account transaction for the purchase, but cannot figure out, lacking a stock symbol, how to add the asset to my investments.

SRC54

Sounds to me that you should just make a manual investment account so you can account for the transaction in Simplifi. First you make the checking account transaction a transfer to the Investment account, and then manually "buy" the stock. If the price fluctuates, you can update the price from time to time.

Is this private stock going to have a static price? If so, you might just want to have an asset account. There's lots of ways you can handle this. Depends on what you prefer.

Others will wake up later who'll have more experience with this type of thing. My accounts are both online.