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Subject Author Date
Selling MM shares Dick 03-21-2008
Posted by Dick on March 21, 2008, 5:03 pm
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When you sell MM shares and the fund sends you a check for the proceeds how
do you enter this transaction in Q07? Specifically when asked where the
money is to go either into cash account or some other account. If putting in
the accounts cash account how do you get it out?



Posted by John Pollard on March 21, 2008, 8:46 pm
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Dick wrote:
> When you sell MM shares and the fund sends you a check for the
> proceeds how do you enter this transaction in Q07?
> Specifically when
> asked where the money is to go either into cash account or
> some other
> account. If putting in the accounts cash account how do you
> get it
> out?

There is no different treatment for the selling of MM fund
shares and the shares of any other security.

To tell Quicken "where the money is to go", tell Quicken exactly
the same thing you would tell Quicken if you sold any other
security.

--
John Pollard
First initial underscore Last name at mchsi dot com
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