Re: problem with cash balance of investment account. by Scott
Scott
Fri May 09 19:40:41 CDT 2008
Cal had it right. A couple of my transactions entered as Add/Remove instead
of cash transactions...that fouled up my balance.
One issue remains...when I view my Account list. The investment account
shows up with the investment balance, but there's no listing of my cash
account. I checked to be sure I didn't label it as closed and it's not.
How do I get it to show up so I have an accurate total for my accounts?
Thanks again!
"Scott" <nospam@nospam.com> wrote in message
news:uxc4D4QsIHA.5068@TK2MSFTNGP02.phx.gbl...
> Thanks for the prompt reply!!
>
> I think I'll do as you suggest and make a compensating transaction. I'll
> then keep a close eye on my daily updates to see if there's another
> divergence.
>
> My downloaded transactions do include sweeps. There are a few add/remove
> shares...I'll look at them tonight.
>
> I'll post again in a couple of days, once I do some more testing.
>
> Again, thank you for taking the time to help!
>
>
> "Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
> news:i4r424dgpjihkfv4l3qrfpo0olf6rpcus9@4ax.com...
> > In microsoft.public.money, Scott wrote:
> >
> > >
> > >I'm using Money 2006 Deluxe. I update online regularly.
> > >
> > >I have an investment/stock account that is having issues. When I look
at
> it
> > >in the Account Summary it shows an incorrect cash balance. The
> investment
> > >balance is pretty close to the actual...just off because of some minor
> > >differences in stock quotes. But, the cash balance is way off.
> >
> > I would start with the Cash Transactions page. Decide how you want
> > to handle this. You can get the cash transactions corrected, make
> > one or more compensating transactions, or a combination.
> >
> > Do your downloaded transactions include Buy and Sell of your sweep
> > money market fund, or is that not reflected in the downloads? If the
> > former, the cash balance would be zero when there is not a buy or
> > sell that has not yet settled.
> >
> > Are you downloading Buys Sells, Dividends only into the investment
> > transactions? Or are there any AddShares or RemoveShares in the
> > investment transactions? If you have any AddShares or RemoveShares,
> > they will not make a needed entry (needed to have the cash balance
> > correct) into the cash transactions.
> >
> >
> > Get your statement for a period way back in time from your broker's
> > website. Sort the account by date. Try to match things up for that
> > time. If you can, good. If not, consider making a compensating
> > deposit or withdrawal to make it match. It would be nice if you can
> > figure out where the divergences are coming from.
> >
> >
> >
> > > Also when I
> > >compare the Total Account Value from the Account Summary page to the
> total
> > >shown on the Account List, it's way off.
> > >
> > >I'm having a hard time figuring out where the problem is. Any help
would
> be
> > >greatly appreciated!
>
>