Re: Looking for advice entering an investment transaction with negative shares.

----- "Mennē Software Solutions" <[email protected]> wrote:

> 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.

I'm a bit confused by it also but that is the way it is on the statement. I didn't download the the information I manually enter from the statement.

I did something similar to your second suggestion in that I deleted both transactions and then did a "Transfer In" of $40.92 of cash and added a descriptive memo.


> 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
> >>
> >>
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> >> http://moneydance.com/mailman/listinfo/moneydance-info
> >
> >
> >
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