Transactions I don't understand

[Laurel]

I recently installed a trial version of Money 2006. When I look at the
transactions for one of my investment accounts, I can't figure out what some
of them mean.

On March 28 I sold shares in three mutual funds. The quantities were 54,
5.24, and 25. Those transactions show up in Money as Sell transactions - no
problem.
On March 25 Money shows three "Add Shares" transactions for those same
mutual funds. (I have several other fund positions in the account). The
quantities were 54, 2.801 and 22.877. The price and total were 0.00. My
Schwab account history shows no activity at all on March 25.

Any idea what's going on???

 

[Cal Learner-- MVP]

I recently installed a trial version of Money 2006. When I look at the
transactions for one of my investment accounts, I can't figure out what some
of them mean.

On March 28 I sold shares in three mutual funds. The quantities were 54,
5.24, and 25. Those transactions show up in Money as Sell transactions - no
problem.
On March 25 Money shows three "Add Shares" transactions for those same
mutual funds. (I have several other fund positions in the account). The
quantities were 54, 2.801 and 22.877. The price and total were 0.00. My
Schwab account history shows no activity at all on March 25.

Any idea what's going on???

If you did not have the Buy transactions in the register that caused
Money to know you had those shares, Money may have added them. This
could have been Money seeing that Schwab said you had the
investments, but Money did not know that already. Money would have
offered to update your account.

Does that match? Did you not already have Buy transactions in place
that fully accounted for your holdings?

 

[Laurel]

I'm not sure I'm understanding you correctly. The original Buy transactions
for those mutual funds were not in the transactions downloaded. So perhaps
you are suggesting that Money is creating transactions so that there will be
enough transactions to account for the current balance?

I looked at more transactions, and it does seem that an "Add shares" is
always associated with a "sell", the day prior to the Sell transaction (my
original example probably spanned a weekend), and for the most part these
transactions match the Sell in quantity and have a 0 value. So if I
understand your theory, Money is making adjustments in quantity of Add
Shares the first time it sees a Sell, and there after the quantity matches
exactly?

 

[Cal Learner-- MVP]

I'm not sure I'm understanding you correctly. The original Buy transactions
for those mutual funds were not in the transactions downloaded. So perhaps
you are suggesting that Money is creating transactions so that there will be
enough transactions to account for the current balance?

That can happen. Money will offer to "update the account to match
the statement", and the default answer is Yes.

I looked at more transactions, and it does seem that an "Add shares" is
always associated with a "sell", the day prior to the Sell transaction (my
original example probably spanned a weekend), and for the most part these
transactions match the Sell in quantity and have a 0 value. So if I
understand your theory, Money is making adjustments in quantity of Add
Shares the first time it sees a Sell, and there after the quantity matches
exactly?

Ideally you would have entered the actual Buy transactions that
predated what was available for download. If you sell something that
Money does not already know you have in the account, Money will have
to adjust that holding if it is to permit you to enter a Sell.