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| In microsoft.public.money, Spence wrote: - quote - > I recently bought Money 2004 and also setup an IRA. I
It would be best to start with Buys to reflect previous activity. If> want to be able to track the activity in this account > wiht Money. The account activity is pretty simple. It > consists of receiving dividends and then reinvesting > those dividends. you don't have the info or don't want to enter it, do a single Buy. If you put in the value of the account as the initial balance, the single catch-up Buy should bring the cash balance to zero. - quote - > Does anyone have a strategy for tracking this with Money
Investment Transactions area> 2004? I have the IRA setup as a retirement account. > Should I enter the dividends in the Cash Transactions or > Investment Transactions area? You can enter ReinvestDividend transactions, or a separate Dividend and a Buy transaction. When you enter a Buy of mutual fund shares, it is best to enter the Total and the Quantity. Let Money compute the price. |
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| Sounds like you are on the right track. Enter dividends in the investment account. If reinvested, use Reinvest Dividend. If paid out to a cash account, use Dividend and transfer the proceeds to the cash account. You might want to look in the sample file to see how things are done there. "Spence" <soliver1[at]austin.rr.com> wrote in message news:426601c3b175$846d2020$a601280a[at]phx.gbl... - quote - > I recently bought Money 2004 and also setup an IRA. I > want to be able to track the activity in this account > wiht Money. The account activity is pretty simple. It > consists of receiving dividends and then reinvesting > those dividends. > Does anyone have a strategy for tracking this with Money > 2004? I have the IRA setup as a retirement account. > Should I enter the dividends in the Cash Transactions or > Investment Transactions area? |
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| I recently bought Money 2004 and also setup an IRA. I want to be able to track the activity in this account wiht Money. The account activity is pretty simple. It consists of receiving dividends and then reinvesting those dividends. Does anyone have a strategy for tracking this with Money 2004? I have the IRA setup as a retirement account. Should I enter the dividends in the Cash Transactions or Investment Transactions area? Thanks, --Spence |
| Tags |
| 2004, activity, ira, money, tracking |
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