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Juan Martinez's Avatar

Juan Martinez

14 Apr, 2026 04:35 PM

I have multiple investment accounts with Edward Jones. I review these accounts quarterly at most and I am not interested in tracking the individual transactions that populate these accounts. I want to incorporate the accounts into MoneyDance as "Investments" to track the value and my Net Worth. Is there a simple Register that I can use to represent the balance for each account without the details. I don't have to download transactions and would be satisfied updating balances manually. I considered using a Savings account but that mixes investments with my downloaded bank accounts. Any advice?

  1. 1 Posted by dwg on 14 Apr, 2026 09:47 PM

    dwg's Avatar

    Investment accounts are based on buy and sell transactions in order to maintain the core data that is used to generate the accounts value, there is really no way around it to use this type of account.

    I do maintain accounts at the total Investment amount, but to do so I have created a spreadsheet that calculates a derived number of "shares" and a derived "price per share". That way I can also do buy and sells at the total level, A key input to maintain the Spreadsheet is to get the total value of the investment on the day I am doing the value updates (once per month in my case).

    If you just want to maintain the value in Moneydance simply you would have to use an Asset Account.

  2. 2 Posted by Sean Dayton on 14 Apr, 2026 10:36 PM

    Sean Dayton's Avatar

    I use my quarterly statements and create quarterly buy and sell actions to represent the current share amount current price for each security. Then I created a Dividends/Interest under securities along with a change in value under securities to balance down to the penny.

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