Stock gifts to charity

Discussion in 'Quicken' started by Bill, Jan 11, 2004.

  1. Bill

    Bill Guest

    This year I gave some stock to a charity, and I would like to know if
    there is a better way to record it in Quicken (99). I recorded the stock
    as sold (on the day my broker confirmed the transaction) at the closing
    price for the day. I transfered the money to my cash account, then
    recorded a cash gift to the charity, with a memo noting that it was the
    stock sale.

    This strikes me as rather awkward. Does anyone know a better method?

    Thanx for any help.
     
    Bill, Jan 11, 2004
    #1
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  2. Bill

    Sandy Guest

    I just started a new thread with a similar question. I like your way
    of handling it better than what I did. since I register the sale as a
    combination of Shares Out/Misc. Income, which created a cash balance
    in my account. I'd like to hear if there is a more efficient way of
    handling this.
     
    Sandy, Jan 12, 2004
    #2
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