[moneydance] How to transfer shares between investment accounts...?

[David Carlson]

Scott M. Neal wrote:
> 	I have another question about Moneydance that I have not been
> able to figure out yet...
>
> 	I need to be able to transfer shares between investment
> accounts without converting them into cash, and I can't see a
> way to do this.  I found an unanswered thread from Stephen Hunt
> on getsatisfaction.com entitled "How do I transfer shares between
> brokerage accounts?" (there is no posting number or other ID that I
> can find...).  It is currently unanswered with the tag "9 people
> have this question" (I'm the 9th!).
>
> 	Any ideas on how to properly transfer shares from one account
> to another without converting them into cash first?
>
> 			Scott
>
>
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>   
Scott,

A trick that I have used is to pretend that the stock was sold at a 
price equal to my cost basis on an appropriate date.  Then I pretend 
that I purchased it at the same price in the new account, using cash 
transferred from the old account.  That will leave an erroneous date for 
capital gains purposes, but Moneydance does not distinguish between 
short and long term gains internally anyway.  The cash transfer acts as 
a money trail back to the old account to search for the purchase 
transaction.

Regards,
Dave