tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/6758-how-to-enter-maintenance-fee-in-registerInfinite Kind: Discussion 2022-07-05T22:50:21Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/534301022022-04-04T04:32:35Z2022-04-04T04:32:35ZHow to enter maintenance fee in register<div><p>The shares you owned had a value, you now no longer own those shares and their value was used to pay the fees, you own less shares which will have a lower total value just after the shares were removed.</p>
<p>Hence a way to handle is a sell with the number of shares removed and the value is the amount of the fees, You could handle this as a sellXfr with the destination being a fee category or you could do it as separate sell and miscExp transactions, your choice.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/534301022022-04-05T22:04:40Z2022-04-05T22:04:40ZHow to enter maintenance fee in register<div><p>Not 100% sure is correct, but it's only way that I could get register to balance:</p>
<p>Like dwg said, I mark it as Action=Sell, Description=Management Fee, Transfer = , Shares = shares sold, Amount=0, Price=, Fee=, Fee category=Investment:Fees</p>
<p>The Amount=0 was my gotcha previously (wasn't recording that correctly)</p></div>llgosetag:infinitekind.tenderapp.com,2009-01-14:Comment/534301022022-04-05T22:45:44Z2022-04-05T22:45:44ZHow to enter maintenance fee in register<div><p>Yes that should achieve the same objective, it is neater in some ways and I think it makes it more obvious as to what it is.</p>
<p>You should not really need to enter the total because the software should calculate it to 0, but Moneydance can a little touchy depending on the order you enter things in. You do have to enter price per share, number of shares and total amount of the fee which must be equal to price per share x number of shares sold.</p>
<p>What the transaction is saying is I sold these shares for this much money and it was all consumed by fees.</p></div>dwg