Total Account Value

I am a first time user of MM 2007 and dowloaded my account info (for this
calendar year) form my broker. Total Account Value seems to reflect the total
value of the account minus the cost basis. This seems a bit strange, an
account with a Market Value of $5706.5, a Cash basis of $5299.84 is isted as
having a Total Account Value of $406.66.

If I sold these shares, they would be worth $5706.50 - commission. So why is
the Total Account Value $406.66 ??

Thanks, Howard

Cal
Sun Nov 12 19:20:42 CST 2006

In microsoft.public.money, HowardC wrote:

>I am a first time user of MM 2007 and dowloaded my account info (for this
>calendar year) form my broker. Total Account Value seems to reflect the total
>value of the account minus the cost basis. This seems a bit strange, an
>account with a Market Value of $5706.5, a Cash basis of $5299.84 is isted as
>having a Total Account Value of $406.66.
>
>If I sold these shares, they would be worth $5706.50 - commission. So why is
>the Total Account Value $406.66 ??

I suspect the initial balance in the Cash Transactions register was
not set. I would make a single compensating transaction to adjust
the value of the cash account. You may or may not have some real
value in cash. If not, I would add a single Deposit dated before any
of the other transactions.