[moneydance] Confusion in brokerage transactions
Michael Casteel
mac at casteel.org
Thu Nov 15 17:08:15 EST 2007
On downloading more Schwab transactions including BUY and SELL of
securities, I started getting confused over whether MD was incorrectly
entering the BUY or the SELL (it records the BUY incorrectly).
What confused me is that MD is inconsistent in how it presents the
transactions in the register.
For a BUY, the number shown as 'Amount' is the price times the number
of shares. The impact on the account balance is the sum of this
'Amount' and the 'Fee' (also shown).
For a SELL, the number shown as 'Amount' is the price times the number
of shares, MINUS the 'Fee'. So, the impact on the account balance is
only the 'Amount', which already includes the 'Fee'.
This inconsistency really had me going as I was trying to verify that
only the BUY transactions were (still) being recorded incorrectly in
MD584. If I don't find a bug in the system, I will enter one regarding
the inconsistency.
--
Mike Casteel Seattle, WA
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