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Old 11-05-2004, 12:12 AM
Cal Learner-- MVP
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Default Re: investment expenses

In microsoft.public.money, essdee wrote:

- quote -

> Money 2002
> I would like my superannuation fund (retirement)to deduct/add fees and
> taxes/interest from the account total.
> I have entered these items into the activities as "other expense" but they
> are not allocated a unit value so don't seem to count to the total account
> value.


You are entering the fee as an OtherExpense transaction into the
Investment Transactions register of your investment account. If you
have a Cash Transactions register, that would normally make that
register balance go negative. Normally you would also enter a Sell
transaction to raise the cash to pay that fee.



- quote -

> Should I have set this up as a cash account? I set it up as a managed fund
> It is sometimes difficult to relate Australian financial info with what is
> available in Money. Especially as I am not trained in accounting and we don't
> have much in the way of easily available info from our financial
> organisations - yet!


Do you have a Cash Transactions register of your investment account?
If not, you can add one.

  #-1  
Old 11-05-2004, 12:02 AM
essdee
Guest
 
Posts: n/a
Default investment expenses

Money 2002
I would like my superannuation fund (retirement)to deduct/add fees and
taxes/interest from the account total.
I have entered these items into the activities as "other expense" but they
are not allocated a unit value so don't seem to count to the total account
value.
Should I have set this up as a cash account? I set it up as a managed fund
It is sometimes difficult to relate Australian financial info with what is
available in Money. Especially as I am not trained in accounting and we don't
have much in the way of easily available info from our financial
organisations - yet!
 

Tags
expenses, investment
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