Reports & Troubleshooting
Positions and instruments explained
Understand the Positions screen, instruments, holdings, cost, profit, and loss tracking in the Wageso Assets Module.
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What instruments are
An instrument is an asset you can track through Buy and Sell activity. Instruments are used by the Assets Module to identify what a position refers to.
Examples can include assets you personally choose to track. Wageso uses instruments as tracking records, not as recommendations.
What positions are
A position is a holding created from instrument activity. When you buy or sell an instrument, Wageso can use those records to show the resulting position.
The Positions screen helps you review:
- Which instruments have tracked holdings.
- Cost information based on your entries.
- Profit or loss information based on tracked activity.
- Whether your portfolio records look complete.
Empty Positions screen
If there are no positions yet, Wageso may show an empty state explaining that you can buy or sell instruments to start tracking portfolio performance.
That means the app has no position records to show yet. Add the relevant Buy or Sell activity first, then return to Positions.
Reading position information
Use Positions as a review screen. It should help you understand what Wageso is tracking from the data you entered.
If a position looks unexpected, check:
- The instrument selected on Buy and Sell records.
- Quantity or amount.
- Cost or sale details.
- Currency.
- Account.
- Date.
Instruments vs accounts
Accounts track where money or balances are held. Instruments identify what asset was bought or sold.
For example, an account may hold cash used for a purchase. The instrument is the asset purchased. The position is the resulting holding that Wageso tracks after the Buy action.