[moneydance] How get IRA Mutual fund sales listed as income?

[Catherine Clark]

I'm just figuring out for the first time how to enter the mutual  
funds in our 401(k) and IRAs, into Moneydance.  We're starting to  
take distributions/sell off shares, and I need the proceeds to show  
up in reports as income. The proceeds in the investment account get  
transferred to my checking account in another institution, along with  
any interest and/or dividends that have accumulated in the investment  
account.

I can't figure out how to do this in Moneydance.

If I Xfr or SellXfr from the investment acct to the income account,  
the amount diminishes the income in reports. (Even though the column  
says "increase" -- yeah, I know this is something to do with double  
entry, but I always have trouble wrapping my head around that.  But  
the point here is that the income doesn't report correctly).

I could enter the Xfr amount in the investment account with the wrong  
sign, and decide to ignore the “cash balance.”

If I did that, I'd still have to get the amount into the checking  
account, and transferring it out of the income account loses the  
total I need.  I wish reports would show deposits and withdrawals in  
an account separately, with totals for each!

I could enter a completely separate transaction into the income  
account, which would have to have another side somewhere that will  
skew the file’s accounting of Net Worth.

I could eliminate the “retirement income” category and assemble my  
income total out by adding what Moneydance says to reports from  
investment sources.

I could give up on tracking investments in Moneydance and just use  
the retirement income account as the source of my deposits to the  
checking account.

Anyone have a better solution? comments?

Thanks,
-- Catherine