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Posted by BW on November 16, 2007, 10:19 am
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> Brian Whiting wrote:
>> I have an Ameritrade account with a linked cash account. About 2 years
>> ago I began downloading transations into the account. This made cash
>> transactions become dual entry with money market shares purchased for
>> every cash transaction. The end result is that I cannot understand or
>> balance my accounts properly any more. I stopped using downloaded
>> transactions a couple of months ago but kept the Ameritrade-Ameritrade
>> Cash account setup. I am contemplating the best thing to do from this
>> point forward. I will not use downloaded transactions, only manual
>> entries (I don't have many).
>>
>> What happens if I just delete the transactions from the cash account that
>> removed money to purchase shares of the money market account?
> I had a similar problem with my Wachovia account. I don't have a linked
> cash account, but almost all of the transactions were for buying and
> selling money market shares, as it happened with every other transaction.
>
> I went through and deleted all money market shares. Now, when I download
> transactions, I delete those, and when I'm done, it offers to create a
> place holder for the mismatch. I check to see that it is close to my cash
> balance, and refuse the place holder. It adds a few extra button pushes,
> but works well. I can now look at the register and see what is going on,
> without all the extra transactions.
Thanks. I think I will try that.
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