Re: Looking for advice entering an investment transaction with negative shares.
Mennē Software Solutions <[email protected]>
| Newsgroups | gmane.comp.finance.moneydance.general |
|---|---|
| Message-ID | <[email protected]> |
BTW I forgot to mention that a Div/Reinvest transaction in Moneydance will not alter your cash balance, so the "Amount: ($40.92)" you wrote is a bit confusing. If you cash balance decreased in the first transaction, it was really a Buy and the two transactions could be combined into a single Div/Reinvest transaction. Good luck! --Kevin On Tue, Oct 12, 2010 at 6:47 AM, Mennē Software Solutions < [email protected]> wrote: > >Any ideas on how this transaction should be entered in MD? > To me it looks like the second transaction should be modeled as a Sell, > since I believe your share balance should decrease and your cash balance > should increase. There is no such thing as an inverted dividend > reinvestment, so Moneydance doesn't support a negative value. Another > approach is to zero out both transactions or delete them each time you > download, but personally I would prefer the Sell transaction with a good > descriptive memo to help me remember what was going on. > > Good luck! > > --Kevin > > > On Sun, Oct 10, 2010 at 6:32 PM, <[email protected]> wrote: > >> >> My IRA is composed of several Mutual funds and a transaction was made for >> one of these funds that negated the original transaction. I have not been >> able to figure out how to enter the corrective transaction. >> >> The original transaction was made on 10/01/2010 and the corrective >> transaction was made on 10/05/2010. I have included a summary of the two >> transactions in question below. >> >> The first transaction I know how to do and happens all the time. The >> second transaction I have not seen before. When I tried to enter the second >> transaction by entering a -5.707 for the number of shares (Qty) and $40.92 >> for the amount the cash balance ends up being short by $40.92. >> >> Any ideas on how this transaction should be entered in MD? >> >> >> Date: 10/01/2010 >> Trans Type: Div/Reinvest >> Fund: GOLDMAN SACHS HIGH YIELD FUND >> Qty: 5.707 >> Price: $7.170 >> Amount: ($40.92) >> >> >> Date: 10/05/2010 Reinvest Fund A (5.707) $7.170 >> $40.92 >> Trans Type: Div/Reinvest >> Fund: GOLDMAN SACHS HIGH YIELD FUND >> Qty: (5.707) >> Price: $7.170 >> Amount: $40.92 >> >> >> _______________________________________________ >> moneydance-info mailing list >> [email protected] >> http://moneydance.com/mailman/listinfo/moneydance-info > > > _______________________________________________ moneydance-info mailing list [email protected] http://moneydance.com/mailman/listinfo/moneydance-info