Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
 
Old 04-13-2007, 04:41 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: How to Enter a transfer To IRA?

Please check the cash contributions account to make sure that the view is
all transactions. I'm suspecting you've downloaded a set of duplicate
transactions putting the cash there, not matched them up with the transfers
you already had there, and, as downloads, these were marked as reconciled.

I don't understand at all why the balance in your bank--i.e., not the
Fidelity IRA cash contributions--account would be doubled up.

I don't do the downloaded transaction data thing. Saves me all of these
kinds of hassles.

"mge" <mge[at]discussions.microsoft.com> wrote in message
news:6FD5F4B7-7189-4D08-B3E9-DF268EFAD125[at]microsoft.com...
- quote -

> I'm using the advanced register in Money 2007. I opened a Roth IRA With
> Fidelity and transfered $4000 to it. In money I went to my savings
> account
> and entered a transfer transaction from savings to Roth IRA. The balance
> on
> the Roth IRA was then $4000, as expected.
> Today when I sycned up Money with my banks it showed the balance on the
> IRA
> account as $8000.
> If look at the "Cash Transactions" tab in the IRA Account, I see the
> transaction that Money automatically created when I created the Transfer
> Tranaction from my savings account but no other transactions. The Bank
> Balance shows up at $4000 and my ending balance is $8000. On the Transfer
> transaction I see a deposit of $4,000 with a balance of $8,000.
> Why is this transaction counted twice? Is this just because all the
> infromation hasn't propigated to Fidelity yet, or is there more that needs
> to
> be done?



  #-1  
Old 04-13-2007, 03:24 AM
mge
Guest
 
Posts: n/a
Default How to Enter a transfer To IRA?

Hello All,

I'm using the advanced register in Money 2007. I opened a Roth IRA With
Fidelity and transfered $4000 to it. In money I went to my savings account
and entered a transfer transaction from savings to Roth IRA. The balance on
the Roth IRA was then $4000, as expected.

Today when I sycned up Money with my banks it showed the balance on the IRA
account as $8000.

If look at the "Cash Transactions" tab in the IRA Account, I see the
transaction that Money automatically created when I created the Transfer
Tranaction from my savings account but no other transactions. The Bank
Balance shows up at $4000 and my ending balance is $8000. On the Transfer
transaction I see a deposit of $4,000 with a balance of $8,000.

Why is this transaction counted twice? Is this just because all the
infromation hasn't propigated to Fidelity yet, or is there more that needs to
be done?

Thanks all
 

Tags
enter, ira, transfer
Similar Threads
Thread Forum Replies Last Post
Enter Key instead of tab
Don: Where in Money 2006 can I allow use of the enter key to move around instead of using the tab key. It allowed that in money 2001 does it in 2006?...
Microsoft Money 1 01-27-2007 09:31 PM
Transfer Category vs Transfer Transaction Type?
Carpii: I have several accounts which I transfer money between using online banking. Money allows two ways to record this: Either create a Transaction...
Microsoft Money 16 12-10-2006 08:01 PM
How do I enter a put?
Yoksel: I've got Money 2004 Standard now. I used to have Money 2003 Deluxe before and I remember I could enter a put but I can't anymore. Here's what I...
Microsoft Money 1 06-27-2005 08:47 PM
Can't enter transactions!!!
rthomas73: I have problem with Money 2000. When I attempt to enter a transaction by clicking the "New" button, the transaction fields do not open. Does this...
Microsoft Money 1 04-25-2004 04:26 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 08:54 PM.