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Posted by Jerry on April 11, 2006, 10:21 am
Please log in for more thread options > Jerry wrote:
>>> Jerry wrote:
>>>> I'm using Quicken2004 Deluxe, primarily to manage a portfolio of
>>>> mutual funds. I can't figure out how to handle a recent transaction.
>>>> Vanguard offers two classes in some of their funds - investor and
>>>> admiral. Under certain circumstances, shares can be converted
>>>> between them as a non-taxable event. Typically, it results in a
>>>> significant change in share price and quantity of shares, but with
>>>> no change in overall value. I cannot find a good way to handle that
>>>> in Quicken. I tried "Shares Transferred between Accounts", but that
>>>> moved each individual transaction. I can always sell and then buy,
>>>> but that generates capital gains. I guess I can ignore that part,
>>>> but it's going to lead to messy year-end reports. Any suggestions?
>>>> Thanks for
>>>> your help.
>>>
>>> Have "Class A" do a Corporate Acquisition of "Class B".
>>>
>>> --
>>> John Pollard
>>> First initial underscore Last name at mchsi dot com
>>> Please reply to newsgroup
>>
>> Thanks for your response, but I can't get there. I saw where this was
>> an option for individual securities, but the account in question is
>> set up as an individual mutual fund. My drop-down "Transactions" menu
>> for this account does not offer Corporate Acquisition as an option.
>> How do I get there?
>
> Change the account so it's not a Single Mutual Fund account. In tha
> Account Attributes pane on the Summary tab of the account, in the box
> labelled "Single Mutual Fund?", click the word "Yes".
>
> --
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
John - Thanks very much for your help and your patience. It worked like a
charm when you know what you're doing. <G> Thanks again, Jerry.
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