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Old 01-22-2007, 12:16 AM
darkroomdevil
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Default Re: Workflow - purchased new cd

Thanks

I just tested it and I can transfer between the cash account and the
investment. I thought the cash account was separate, as in the 'cash'
portion of the investment as defined by the institution invested with, i.e.
the bank in this case.

Thanks again,
ROger

"Dick Watson" wrote:

- quote -

> There are many ways this could be done.
> You can receive Income in the Cash Account associated with an Investment
> Account. Or your proposed method of receiving it in, say, a checking account
> as Income, then:
> 1) transferring it to the investment cash account then buying the CD
> investment,
> or
> 2) Buy Investment/CD from the checking account directly
> both work.
> I can't think of any reason not to directly receive the Income in the Cash
> Account associated with an Investment Account.
> "darkroomdevil" <darkroomdevil[at]discussions.microsoft.com> wrote in message
> news:E438D386-BC1D-496C-9E75-BCE9D6C158FA[at]microsoft.com...
> > I am guessing I should pretend it went into a regular account, post it
> > and
> > then tranfer to open the CD. The two entries in the regular account
> > cancelling each other out. Is this correct - I kind of expected it to be
> > more obvious ... ;-)

  #-1  
Old 01-21-2007, 11:15 PM
Dick Watson
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Posts: n/a
Default Re: Workflow - purchased new cd

There are many ways this could be done.

You can receive Income in the Cash Account associated with an Investment
Account. Or your proposed method of receiving it in, say, a checking account
as Income, then:

1) transferring it to the investment cash account then buying the CD
investment,

or
2) Buy Investment/CD from the checking account directly

both work.

I can't think of any reason not to directly receive the Income in the Cash
Account associated with an Investment Account.

"darkroomdevil" <darkroomdevil[at]discussions.microsoft.com> wrote in message
news:E438D386-BC1D-496C-9E75-BCE9D6C158FA[at]microsoft.com...
- quote -

> I am guessing I should pretend it went into a regular account, post it
> and
> then tranfer to open the CD. The two entries in the regular account
> cancelling each other out. Is this correct - I kind of expected it to be
> more obvious ... ;-)



 

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