Buying investments

Discussion in 'Microsoft Money UK' started by RichT, Nov 10, 2008.

  1. RichT

    RichT Guest

    Why does Money not use double-register accounting when buying an investment?
    I would like to transfer money from an account into an investment fund, but
    there does not seem to be a way to do this.
     
    RichT, Nov 10, 2008
    #1
    1. Advertisements

  2. RichT

    Cal Learner Guest

    In microsoft.public.uk.money, RichT wrote:

    >Why does Money not use double-register accounting when buying an investment?
    >I would like to transfer money from an account into an investment fund, but
    >there does not seem to be a way to do this.
    >


    Tick TrackCashTransactions in the account settings, if it is not
    already that way. That will cause you to have a Contributions/Cash
    account for that account. Then a Buy or Sell or Dividend, etc
    entered into the Investment Transactions register will also affect
    the Cash Transactions register too.

    If TrackCashTransactions is already ticked, then Buy is the
    transaction you would want to enter.
     
    Cal Learner, Nov 10, 2008
    #2
    1. Advertisements

  3. RichT

    Cal Learner Guest

    In microsoft.public.uk.money, RichT wrote:

    >Why does Money not use double-register accounting when buying an investment?
    >I would like to transfer money from an account into an investment fund, but
    >there does not seem to be a way to do this.
    >


    .... and then from the bank account, you could Transfer cash to the
    Cash Transactions register of the investment account. There is the
    possibility of modifying the Buy transaction to take the money from
    the bank account directly, but transferring to the Cash Transactions
    register may more accurately describe what is happening.
     
    Cal Learner, Nov 10, 2008
    #3
  4. RichT

    RichT Guest


    > ... and then from the bank account, you could Transfer cash to the
    > Cash Transactions register of the investment account. There is the
    > possibility of modifying the Buy transaction to take the money from
    > the bank account directly, but transferring to the Cash Transactions
    > register may more accurately describe what is happening.


    Thanks - I understand how it works now.
     
    RichT, Nov 10, 2008
    #4
    1. Advertisements

Want to reply to this thread or ask your own question?

It takes just 2 minutes to sign up (and it's free!). Just click the sign up button to choose a username and then you can ask your own questions on the forum.
Similar Threads
  1. Ali
    Replies:
    1
    Views:
    583
    Robert Killington
    Jul 3, 2003
  2. cd
    Replies:
    4
    Views:
    427
    sumpteretc
    May 4, 2006
  3. Dave Programmer
    Replies:
    5
    Views:
    352
    Cal Learner-- MVP
    Oct 28, 2007
  4. Howard
    Replies:
    1
    Views:
    299
    Cal Learner-- MVP
    Apr 29, 2008
  5. ronald
    Replies:
    0
    Views:
    487
    ronald
    Jun 10, 2008
Loading...

Share This Page