recording portfolio management expenses

Discussion in 'Microsoft Money' started by dennis, Jan 27, 2004.

  1. dennis

    dennis Guest

    using MSM2003 and I am trying to figure out the best way
    to enter the quarterly fee charged by my financial advisor
    against my portfolio such that it is accounted for in the
    YTD ROI. What happems is that they will sell some shares
    in one of the investment accounts (i.e. mutual funds
    shares) in the portfolio to cover the cost.
    thx - dennis
     
    dennis, Jan 27, 2004
    #1
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  2. Enter a Sell for the fee. That should make an increase in the Cash
    Transactions.

    Enter one or more Other Expense transaction(s) into the Investment
    Transactions register that specify particular investments and total
    up to the fee. That will bring the cash transaction balance back to
    where it was -- typically $0.
     
    Cal Learner-- MVP, Jan 27, 2004
    #2
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