[moneydance] Recording interest on cash in an investment portfolio

[Gordon Alley]

Thanks to Michael and Fuzzy Fox for their comments. I guess the Xfr
transaction type is the way to go for now.

-Gordon

On 7/21/07, Michael Casteel <mac at casteel.org> wrote:
>
> On 7/20/07, Gordon Alley <gordon at gordonalley.com> wrote:
> >[...using Xfr to record interest in an investment account...]
> > Is this the recommended way to record interest on cash in an investment
> > portfolio?
>
> That's how you need to do it. An 'Interest income' transaction type
> would be a natural for an 'investment' account, but MD doesn't seem to
> offer it. Unfortunate. You could put in a request for one in the MD
> Trac system, on the MD support page.
>
> Actually, you might as well use the Xfr transaction. Even though MD
> has a DIV transaction, it doesn't ensure that an actual 'Dividend
> Income' category will be used, it just uses the default category (I
> have recorded many DIV transactions with the 'Commissions' category
> because of this). So, an INT transaction with the same shortcoming
> would offer no greater convenience than Xfr anyway.
> --
> Mike Casteel                                        Seattle, WA
> mac at casteel.org
>
-- 
Gordon B. Alley
http://www.gordonalley.com