I've used MS Money for years and have recently switched to Quicken Home and Business. In Money when entering a bond transaction there is a box to enter accrued interest. In Quicken I find no such animal in the transaction register. What I've been doing is entering it as a plus or minus in the Comm/Fee box. Is there a better alternative.
A second issue is that When I open Quicken Help and click the Search tab, there is nothing there, just blank. Anyone else notice this?
Quicken 2010 H&B R10
I just looked at the bond purchases that I did several years ago. The pop-up for the transaction has a space for accrued interest. You have to use the "Bonds Bought" transaction.
-- Jim
Thanks. Like I used to do in Money, I entered the transaction from the Transaction List. There is no Bonds Bought option from there. But from the "Enter Transaction" drop down that option is available.
Just having learning pains with Quicken after all the years with Money.
Thanks again.
That's fine for a taxable bond. However, for tax-exempt bonds, I do a separate MiscExp transaction with the appropriate category of exempt interest I have set up in Quicken (Fed Tax Exempt, State Tax Exempt, Fed&State Tax Exempt, etc.). Putting accrued interest in the Comm/Fee box incorrectly changes the adjusted cost basis of the bond.
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