In microsoft.public.money, RJH wrote:

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I would download, and then follow the lead of how the bank sends the
data. But others would prefer to do otherwise.


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With that method, you would use ReinvestInterest transaction for the
amount of the accrued interest.

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RJH wrote:
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That's the way Money wants you to do it. Assuming a fixed rate CD, when
you opened your account at the bank, you bought a CD for a specific
term. Enter this as a "buy" in the investment account you setup. When
the CD matures, you enter this as "redeem CD" in your account register.


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Each time interest is posted by the bank, you can enter it in your
account register and categorize it as "reinvest interest" or just
"interest" depending on how you instructed the bank to handle earnings.
When the CD matures, the "redeem CD" mentioned above will prompt you
for the final interest posted by the bank.

If you renew the CD it will probably be at a different rate (and term
if you choose). Therefore, it is still best to enter the renewal as a
combination of a redemption of the old investment and "buy" of a new
investment.

Hope this helps!

Regards,
JB

How would you set up a CD in Money05?
I followed the account setup which led me down an investment account path
but, is that the right way to go?
How would I update the interest?

Thanks!

RJH