Can anyone help me? I am using a demo of the online club accounting software. Our club has made a Section 754 tax election which allows a club to adjust the securities cost basis, when a partner withdraws, for the difference between the members withdrawal valuation amount and their actual basis in the club. Basically, the shares number of shares for each security held by the club is NOT adjusted, but the cost basis IS adjusted. I would like to be able to enter the adjustment to the security cost as a seperate adjustment, but I can't seem to figure out how. The only way I can see to make this happen is to go in and edit the cost basis per share price. Can you help? If a seperate adjustment is not available at this time, is there any plan to add this feature at a later date? Our club would like to utilize the online club accounting, but this seems to be a stumbling block for us. Thank you for you help. Beth Smith
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