Buying to Cover in Quicken for Mac

You can use this investing type to record a buy order made on a security that closes out an existing short position.

  1. Open the account you want to use.
  2. Click the New button from the toolbar.
  3. Select Buy to Cover from the Transaction Types list.
  4. Add these details:
    • Date - Enter the date when the buy transaction for the short sale was executed.
    • Security - Select name of the security from the drop-down list.
    • Total Sale - Enter the total price paid to buy the cover.
    • Number of Shares - Enter the number of shares bought.
    • Commission - Enter the amount paid towards commission. Based on the amount entered as commission, the price per share is adjusted.
    • Memo - Enter the note you want to associate with the transaction.
    • Tags - Enter the tags that you want to use while searching the transaction.
  5. To add an attachment, select attachments, click the Add attachment button, and select the file you want to attach to the transaction.
  6. Click Save when you are done.

Search Support:

Search form

Tip: To find out which version of Quicken you are using, open Quicken go to Help menu and select About Quicken.