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| In microsoft.public.money, Randy wrote: - quote - > Using Money 2005 Deluxe
If there is no cash transactions account for your investment> If I record a sale of a stock or fund, and the funds go directly to a money > market account held at that same firm, there does not seem to be a way to > make that occur. > I have stock in a company, which is held in a IRA account. If I sell the > stock (which I did) money only lets me put it into very select accounts.. > mainly cash accounts. This is a non-taxable event. Why doesnt the whole > list off investment accounts show in the pull down selector. account, you can add that account back in. Is that account missing from your list, or were you expecting to see the money market fund (MMF) as an account? If you want to represent the funds being used to buy the MMF, you need to add a Buy of the MMF. If you download transactions, many brokers also send the MMF buys and sells. The buy of the MMF would upon sale of a security may be 1 or 3 trading days after the sale. If they don't send the MMF buys and sells, it is much simpler to let the swept funds be included in the cash transactions register. - quote - > Very frustrating. |
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| Randy, When you buy (sell a stock) the cash coms from (or goes to) a cash account. An investment account can only hold investments, not cash. That is the reason, why a lot of times it is very useful to assign a cash account to an investment account and in fact, an investment account can have an associated cash account (see the account details). So if youre IRA account does not have an assigned cash account yet, you can allow it to have one. In Money 2004 you could do this by going to the Accound Details page, clicking on "Rename" and making sure that the option "Allow cash transactions" is checked. Since I don't use Money 2005 I don't know, if the option is still at the same place. And if your target investment account doesn't allow cash transaction, you may want to activate the same option there as well. If that doesn't answer your question, then perhaps you could explain a little more, what exactly you're trying to do. Best Regards, Bernhard Randy wrote: - quote - > Using Money 2005 Deluxe > If I record a sale of a stock or fund, and the funds go directly to a money > market account held at that same firm, there does not seem to be a way to > make that occur. > I have stock in a company, which is held in a IRA account. If I sell the > stock (which I did) money only lets me put it into very select accounts.. > mainly cash accounts. This is a non-taxable event. Why doesnt the whole > list off investment accounts show in the pull down selector. > Very frustrating. |
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| Using Money 2005 Deluxe If I record a sale of a stock or fund, and the funds go directly to a money market account held at that same firm, there does not seem to be a way to make that occur. I have stock in a company, which is held in a IRA account. If I sell the stock (which I did) money only lets me put it into very select accounts.. mainly cash accounts. This is a non-taxable event. Why doesnt the whole list off investment accounts show in the pull down selector. Very frustrating. |
| Tags |
| account, investment, market, money, sale, stock |
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