[moneydance] Confusion in brokerage transactions

[Larry Alkoff]

Michael Casteel wrote:
> 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).

This is a little different than what you said in your original post 
"Downloaded BUYs from Schwab".

My understanding is that SELL transactions are recorded correctly but 
BUY transactions report both the figure in black which the total 
transaction including the fee _and_ the greyed out fee amount.  This has 
the effect of counting the fee twice.

The desired action would be to only deduct the total amount of the BUY 
including fees and ignore the greyed out fee amount which is only there 
for informational purposes.

Maybe we are both saying the same thing in different ways.
> 
> 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.

I added a bit to the bug report you entered 3 days ago.  I have the same 
problem as you on both Schwab and Merrill Lynch Investment accounts.

-- 
Larry Alkoff N2LA - Austin TX
Using Thunderbird on Linux