The single most-asked handling question, worked end to end. This is bench math for documenting a stock concentration — nothing about consumption.
Say a vial contains 10 mg of compound and you add 2 mL of bacteriostatic water. Concentration = mass ÷ volume = 10 mg ÷ 2 mL = 5 mg/mL. That's it. That number is what you write on the label and in the notebook.
Change the water volume and the concentration changes inversely: same 10 mg in 1 mL is 10 mg/mL; in 5 mL it's 2 mg/mL. Pick a volume that makes your concentration a round, easy-to-record number and your future notes will thank you.