transferring shares from one brokerage account to another
I know that I can just sell shares from one account, transfer the cash, and buy the same shares for the selling price in the new account. However, is there an easier way of making the share transfers directly in Moneydance?
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1 Posted by dwg on 31 Dec, 2024 09:19 PM
No there isn't another way.
As Moneydance is accounting based you have to move the value of the shares as well and this is really the only way the software has to move that value.
2 Posted by dtd on 01 Jan, 2025 02:29 AM
When you do sell and buy the shares, use the cost basis as the sell price/buy price, that way you maintain the cost basis when moving to the new brokerage account.
System closed this discussion on 02 Apr, 2025 02:30 AM.