Adjusting an Investment Account Balance

A reminder transaction will not have any affect on the balance in the account.

If I understand you correctly, you just have $40 cash sitting in the Quicken investment account; no securities are owned in that account.

You can use a "Cash transferred out of Account" transaction to zero the cash balance. In the "Transfer account" field of the transaction, put the name of the account where you are entering the transaction ... the account whose cash balance you want to zero out.

I would probably treat it as a miscellaneous expense - something called Investment Fees

-----Original Message----- From: jaygreg [mailto: snipped-for-privacy@hotmail.com] Posted At: Friday, April 25, 2008 7:53 AM Posted To: alt.comp.software.financial.quicken Conversation: Adjusting an Investment Account Balance Subject: Adjusting an Investment Account Balance

I've just started exploring Q2008HB that I installed yesterday. The conversion of my data file caused me to look at a few things I've apparently ignored in Q2005HB. For example, I created an Investment account years ago when I belonged to a stock club. Into that account I would place my monthly dues; I simply wanted a ballpark figure of what that activity was costing me over time. Each year I'd get my Schedule K-1 from the Treasurer of the Club and put the figures where TurboTax called for them. No adjustments were made to that Investment account and nothing was linked to a tax line.

When the club dissolved, I took the check it gave me and posted it to that account with a transfer of the funds to my bank. A small balance remained; about forty bucks. (The outfit was principally for education as you can surmise from the profit.)

Now that forty bucks is staring me in the face and want to retire (hide)

that account since it'll never be used again. My solution - since Uncle Sam is clear and my cash accounts are in balance - is to simply find an enter that doesn't travel to a tax line and zero out the account. Since the only options I have are from the popup list, the one I was thinking of using (but have never used) is the "Reminder Transaction". But I don't know if that

will permit a entry for an amount that would zero out the account.

I'm open to suggestions. I realize the proper way to have done this would probably have been to post some of the figures from those Sch K-1's to the Investment account over the years but what's done is done and the amounts were a pittance so. how do I square away the measly forty bucks?

I think I mislead you. I have a negative balance in that Investing account. The check I received from the club exceeded the amount of my monthly contributions by $40. So I used a "Cash Transfer In" from the same account and zero'd it out. Ending Balance in my Accounts summary to the left of the screen increased by that amount but then... it should have. I has been understated since I received the check from the club. I assume this is correct... right?

Thanks for the help.