11-14-2003, 06:45 PM
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 Re: Mutual Fund Expneses In microsoft.public.money, L Adams wrote: - quote - > What is the best way to record expense/fees deducted from > your mutual funds/stocks? I've been using the remove > shares but you can't assign a value you can only remove > the amount of shares and I don't know if it is calculating > the returns correctly. Enter the fee into the Investment Transactions register as an OtherExpense transaction. Enter a Sell of shares for the amount of the fee to bring the cash balance back to zero. - quote - > I didn't think showing them as sold
I believe that the fee will that way be associated with that fund> was the right way to go I think this would also mess up > the returns calculation. and thereby reduce the returns. If it is a taxable account, I would expect a 1099-B for the sell. |
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#-1
11-14-2003, 05:54 PM
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| Mutual Fund Expneses What is the best way to record expense/fees deducted from your mutual funds/stocks? I've been using the remove shares but you can't assign a value you can only remove the amount of shares and I don't know if it is calculating the returns correctly. I didn't think showing them as sold was the right way to go I think this would also mess up the returns calculation. Thanks much for the help. |
| Tags |
| expneses, fund, mutual |
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