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Posted by Dick on August 27, 2007, 3:57 pm
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> "Dick" wrote
>>I have some Money Market funds with check writing feature, how
>>do I setup this type of fund in Q07?
>
> You haven't provided much to go on. What are your goals? What
> have you tried, or contemplated?
>
> There are several ways to handle mm funds that depend on your
> desires and what the fi offers.
>
> Is the fund a sweep fund for a brokerage account? Or a bank
> account tied to mm fund rates? Do you care if your Quicken
> transactions/holdings match your real-world
> transactions/holdings exactly? Do you expect to do a lot of
> check writing from the fund, or only the occasional check now
> and then? Do you download transactions for the mm fund or enter
> them manually? Does the fund offer online billpay, and do you
> intend to take advantage of that? Do you expect to need to
> "schedule" transactions to be paid from the mm fund?
>
> --
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>
>
John, The Fund is not a sweep fund for a brokerage account. It's a Janus
standard Money Market fund with check writing. I also have several other
funds with Janus and I do want the Quicken transaction/ holdings to match
the real-world. I only intend to write checks occasionally. I do download
transactions. I do not want to use online billpay or "schedule" transactions
from the fund. The MM fund is a place I keep easy access cash.
I have tried to set up the fund as asset fund and my real problem is how do
I make it allow check writing.
Dick
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