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#3
06-01-2004, 07:53 PM
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 Re: Problem Handling a Bond Redemption In microsoft.public.money, Richard Schulman wrote: - quote - > On Tue, 01 Jun 2004 17:42:45 GMT, via_newsgroup[at]please.tnx(Cal
Be aware that those are normally set up as type Bond rather than CD.> Learner-- MVP) wrote: > Richard Schulman: > > > I've found it quite difficult to manage bonds in Money 2004. > Cal Learner (MVP): > > I am going to guess that you are talking about US Savings Bonds > > rather than muni/listed/etc bonds. > No, actually, municipals and treasuries. Bonds are quoted as a percent of par/face value. |
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#2
06-01-2004, 06:42 PM
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| Re: Problem Handling a Bond Redemption On Tue, 01 Jun 2004 18:20:24 GMT, Richard Schulman <ra.schulman-xyz[at]verizon.net> wrote: - quote - > On Tue, 01 Jun 2004 17:42:45 GMT, via_newsgroup[at]please.tnx(Cal
That didn't work for the municipal in question, but it did set me on> Learner-- MVP) wrote: > Richard Schulman: > > > I've found it quite difficult to manage bonds in Money 2004. > Cal Learner (MVP): > > I am going to guess that you are talking about US Savings Bonds > > rather than muni/listed/etc bonds. Cal: > > I think you want to first add a ReinvestInterest transaction to > > account for the increase in the worth. Then your Sell should work. The Path to Success. Instead of a ReinvestInterest transaction to account for the increase in the worth of the municipal (which Money balked at), I was able to use a second Add Shares. Then, for the redemption of bond with its increased value, I was able to now use a Redeem CD/Bond. Thanks again for your help, Cal. I would have been bald from hair pulling otherwise. Richard Schulman (for email reply, remove the "-xyz" part) |
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#1
06-01-2004, 06:20 PM
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| Re: Problem Handling a Bond Redemption On Tue, 01 Jun 2004 17:42:45 GMT, via_newsgroup[at]please.tnx(Cal Learner-- MVP) wrote: Richard Schulman: - quote - > > I've found it quite difficult to manage bonds in Money 2004.
Cal Learner (MVP):- quote - > I am going to guess that you are talking about US Savings Bonds
No, actually, municipals and treasuries.> rather than muni/listed/etc bonds. - quote - > > To add
I'll try this out on the municipal in question. Thanks for your reply.> > some contributed bonds, I had to use "Add Shares," which is not a very > > accurate label for adding bonds as opposed to stocks. The real > > problem, however, emerged when one of the bonds was redeemed. Money > > 2004 has a "Redeem CD/Bond" transaction, but I can't get it to work. > > The error message I keep getting is "The changes you are making will > > cause the share balance for 'Bond X' to become negative at some point. > > Please arrange your transactions to avoid this." > > > Does anyone have any ideas on how to get this redemption to work? > I think you want to first add a ReinvestInterest transaction to > account for the increase in the worth. Then your Sell should work. Richard Schulman (for email reply, remove the "-xyz" part) |
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06-01-2004, 05:42 PM
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| Re: Problem Handling a Bond Redemption In microsoft.public.money, Richard Schulman wrote: - quote - > I've found it quite difficult to manage bonds in Money 2004.
I am going to guess that you are talking about US Savings Bondsrather than muni/listed/etc bonds. - quote - > To add
I think you want to first add a ReinvestInterest transaction to> some contributed bonds, I had to use "Add Shares," which is not a very > accurate label for adding bonds as opposed to stocks. The real > problem, however, emerged when one of the bonds was redeemed. Money > 2004 has a "Redeem CD/Bond" transaction, but I can't get it to work. > The error message I keep getting is "The changes you are making will > cause the share balance for 'Bond X' to become negative at some point. > Please arrange your transactions to avoid this." > Does anyone have any ideas on how to get this redemption to work? account for the increase in the worth. Then your Sell should work. |
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#-1
06-01-2004, 04:28 PM
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| Problem Handling a Bond Redemption I've found it quite difficult to manage bonds in Money 2004. To add some contributed bonds, I had to use "Add Shares," which is not a very accurate label for adding bonds as opposed to stocks. The real problem, however, emerged when one of the bonds was redeemed. Money 2004 has a "Redeem CD/Bond" transaction, but I can't get it to work. The error message I keep getting is "The changes you are making will cause the share balance for 'Bond X' to become negative at some point. Please arrange your transactions to avoid this." Does anyone have any ideas on how to get this redemption to work? Richard Schulman (for email reply, remove the "-xyz" part) |
| Tags |
| bond, handling, problem, redemption |
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