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Old 02-07-2004, 09:27 PM
Cal Learner-- MVP
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Default Re: 401K help . . .

In microsoft.public.money, Bob wrote:

- quote -

> I have set up my paycheck info to automatically transfer
> funds into my 401k account (deductions before taxes).
> This money is transfered to my broker account as cash.
> Now that I have my broker statement, I add shares and the
> price as in the statement.
> But looking into my brokers account I see the shares I
> bought along with the price AND I also have all of the
> cash contributions from my checks.
> Now my 401k account balance is overinflated with both the
> shares I manually entered and the cash transactions.
> How do I make that cash account deposit become the shares
> I purchased? The end result should be no cash
> transactions and all shares.


Convert AddShares transactions to Buy transactions with the
appropriate data. Note: Do not let Money calculate the Quantity.
Enter the Quantity. Enter the Total. Let Money calculate the price
per share.


  #-1  
Old 02-07-2004, 09:15 PM
Bob
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Posts: n/a
Default 401K help . . .

Hi:

I have set up my paycheck info to automatically transfer
funds into my 401k account (deductions before taxes).

This money is transfered to my broker account as cash.

Now that I have my broker statement, I add shares and the
price as in the statement.

But looking into my brokers account I see the shares I
bought along with the price AND I also have all of the
cash contributions from my checks.

Now my 401k account balance is overinflated with both the
shares I manually entered and the cash transactions.

How do I make that cash account deposit become the shares
I purchased? The end result should be no cash
transactions and all shares.

Thank you.
 

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401k
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