tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/1154-incorporating-month-end-results-with-independently-managed-portfolioInfinite Kind: Discussion 2018-03-17T02:04:02Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/405294132016-08-12T21:40:53Z2016-08-12T21:40:53ZIncorporating month end results with independently managed portfolio.<div><p>I think you are talking about an add and remove function
somewhat like Quicken has with the meaning in managed funds that
the increase and decrease represents changes in value, Though this
is not shown as being income in Q and I do not think it is
appropriate to do so.</p>
<p>Sorry to say that Moneydance does not have a function that does
this sort of thing and I do not believe there is a really simple
effective approach. The only way I have found of effectively
showing and reporting on the investment (while treating it as an
investment account) is to calculate a new share "price" each month
for the total fund. To do this I had to create a spreadsheet to do
the calculations.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/405294132016-08-15T20:47:05Z2016-08-15T20:47:05ZIncorporating month end results with independently managed portfolio.<div><p>You could treat the managed investment as an asset account. You
would create custom categories for increase/decrease capital and
for income received.</p>
<p>Tom Freeman<br>
Infinite Kind Support</p></div>Tom Freemantag:infinitekind.tenderapp.com,2009-01-14:Comment/405294132016-08-16T14:20:41Z2016-08-16T14:20:41ZIncorporating month end results with independently managed portfolio.<div><p>Tom:</p>
<p>Thanks</p>
<p>This is an approach I hadn’t considered. Before I make too
many alterations to my original set up is it possible to create a
separate duplicate and work with this until I achieve the results I
am looking for? If so how do I make a complete copy?</p>
<p>I’m endeavouring to reduce the time spent balancing at
month end but can’t risk fouling up my Money Dance records of
many years. One of the areas I am concerned about is recording
monthly income from a couple of Registered Accounts.</p>
<p>Your help will be gratefully appreciated.</p>
<p>Gordon</p></div>Gordon Gardnertag:infinitekind.tenderapp.com,2009-01-14:Comment/405294132016-08-16T21:34:03Z2016-08-16T21:34:03ZIncorporating month end results with independently managed portfolio.<div><p>You cannot make a copy using Moneydance, however you can make a
copy using whatever tools your operating system has to make a copy
of a complete directory tree. The Moneydance data sets are
effectively a directory tree with subdirectories and files so by
simply copying the entire tree to a new name you have a complete
copy of the the data with a new dataset name.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/405294132016-08-24T18:23:33Z2016-08-24T18:23:33ZIncorporating month end results with independently managed portfolio.<div><p>I want to check in to see if you used DWG's advice on copying
your data directory and were able to play with the asset class as
an alternative to your investment tracking.</p>
<p>Tom Freeman<br>
Infinite Kind Support</p></div>Tom Freeman