Downloads From Brokerage

Using QH&B 2005. A brokerage account holds one stock whose dividends I post as a "DIV" when dividends are declared then post an XOut cash transfer to my bank. There's no trading taking place; the account is clean as a whistle with nothing but dividend and interest entries. Unfortunately, I mustn't have paid close enough attention to the "Downloaded Transactions" the brokerage sent. I'm not dealing with a lot of transactions but when I highlighted the last dividend this month, the cursor jumped to the "XOut" entry because the "Div" was cleared (marked "c"). Accepting this seems harmless since the action won't place a new entry in the register. I know it's not the right transaction but it looks like this "Match" feature searches for "amount" first and I don't know what next. Should I just accept the downloaded transaction as a match to the transfer out and forget about it? Everything seems in balance including the bank register.

There's a bit more to this entanglement but I'll withhold it pending a response because if this feature is merely acting as a feed of transactions at brokerage to help me keep my ledger in tune either automatically if everything matches perfectly or manually if it doesn't, I assume it doesn't matter much if I even elect to just delete all the "downloads" they give me if I have them posted already...not that I would want to do that. I'll pay closer attention when I get this straingthed out.

Reply to
jaygreg
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If the downloaded transaction shouldn't match, I would not Accept it as a match.

Try modifying the date of the existing register transaction (the one being matched to) to several years in the past (or future) to get the downloaded transaction to be given a Status of New, Accept the downloaded transaction; then change the altered date back to its original value.

Reply to
John Pollard

Thanks, John. I'll try that. Just curious... will I mess anything up if I simply decide to delete a transaction received from the brokage if it's already posted in my register but not a perfict match? The amounts match.

Reply to
jaygreg

Is the downloaded transaction really the transaction you already have in your register? Should it "match" the existing register transaction?

If the downloaded transaction should match the register transaction, then I would suggest Accepting it as a "Match"; if not, either Accept it as New, or delete it.

I do not know the ramifications of not Accepting downloaded transactions for investment accounts.

I can tell you that there are occasions when I delete downloaded investment account transactions without Accepting them, and I'm not aware of that causing any problems ... but I'm not prepared to guarantee my experience would be universal.

Reply to
John Pollard

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