tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/10-selling-securitiesInfinite Kind: Discussion 2018-03-17T10:41:18Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-15T20:52:00Z2015-03-15T20:52:00ZSelling Securities<div><p>The sale of stocks normally is a capital gain of the difference
between bought and sale amounts (with some adjustments) and hence
appears on the capital gains report, rather than as an income
amount, your case is of course different.</p>
<p>If you are willing to enter an additional transaction I can
think of a way of getting the data into your Income & expense
report.</p>
<p>I have an expense category set up called Tax: Investment
Reporting. This is just used to satisfy the double entry
requirements. On the Income side, you create an appropriate Income
category for the sale of your vested shares.</p>
<p>You then enter a transactions with the following attributes:</p>
<p>Action: DivXfr<br>
Category: "your created Income category"<br>
Transfer: Tax: Investment Reporting</p>
<p>Other fields are entered as appropriate.</p>
<p>You have thus created a transaction that has passed through the
account, the amount will now appear in your Income and Expense
report, but the balances have not changed in the register. There
will be an amount in the Tax:Investment reporting category but you
never use this category in any report.</p>
<p>Des</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-16T08:39:06Z2015-03-19T10:35:21ZSelling Securities<div><p>Dee,<br>
Thank you for your suggestion and information about the sale
appearing on the capital gains report. I didn't realize that and it
may be my answer. I'll tinker with these scenarios tonight and let
you know if I have more questions. Thanks!</p>
<p>Regards,<br>
Rick</p></div>wrddmdtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-19T22:13:17Z2015-03-19T22:13:17ZSelling Securities<div><p>Hi Des,<br>
Can you provide any info on the following? I posted on-line but
haven't received any responses. Thanks</p>
<p>I feel really stuck as I ran into the issue where I am unable to
clear the share matching window that allocates security sales to
lots. Unfortunately, I can't even look at the register as every
time the account is selected, the matching window pops up. After
entering the allocations and ensuring they match, a second window
pops up indicating that I have entered an incorrect number of
shares. Additionally, the windows matching window can not be
cleared without exiting Moneydance. I'm getting a bit frustrated as
I'm trying to reconcile a few investment accounts and now I just
can't get this done. Is Infinitekind aware of this issue? If so, is
there a fix in the works? Some response on this issue would really
be appreciated!<br>
Thanks,<br>
Rick</p>
<p>Regards,<br>
Rick</p></div>wrddmdtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-20T04:51:18Z2015-03-20T04:51:18ZSelling Securities<div><p>I've only tried some simple lot matching on my test machine and
didn't encounter any problems, however some users have reported
issues with lot matching in the "Problems" forum, so you might want
to follow that discussion.</p>
<p>Des</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-20T14:19:15Z2015-03-20T14:19:15ZSelling Securities<div><p>Thank you.</p>
<p>Regards,<br>
Rick</p></div>wrddmdtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-22T14:33:37Z2015-03-22T14:45:57ZSelling Securities<div><p>Lot Matching continues not to work in the current stable build
(1175). Following the directions perfectly only ever results in the
attached screen shot message.</p></div>cookie87tag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-22T15:57:58Z2015-03-22T15:57:59ZSelling Securities<div><p>There is a bug in the lot match for some files that were
converted from earlier versions of moneydance. There is a bug
ticket in for this.</p></div>Tom Freemantag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-23T21:15:11Z2015-03-23T21:15:11ZSelling Securities<div><p>Hi Everyone,</p>
<p>Unfortunately this is a bug in Moneydance. There's an existing
ticket in our ticketing system regarding this issue, so I've
attached it to this discussion and the developers will be looking
into it.</p>
<p>Please let us know if we can be of further assistance!</p>
<p>Scott Meehan<br>
Infinite Kind Support</p></div>Scott Meehantag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-03-30T17:54:21Z2015-03-30T17:54:21ZSelling Securities<div><p>Hi All,</p>
<p>I think we've fixed the issue with the lot matching window in
build 1187 of Moneydance, which is available here:</p>
<p><a href="http://infinitekind.com/preview">http://infinitekind.com/preview</a></p>
<p>Can you install that version and let me know if you are still
having trouble?</p>
<p>Ian<br>
Infinite Kind Support</p></div>Ian Ltag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-01T18:24:51Z2015-04-01T18:24:51ZSelling Securities<div><p>Hi Ian,<br>
Just downloaded and tried. It's build 1188, not sure if very
different from 1187, but it worked. Thanks much!</p>
<p>Regards,<br>
Rick</p></div>wrddmdtag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-01T18:38:28Z2015-04-01T18:38:28ZSelling Securities<div><p>Hi Rick,</p>
<p>I'm glad to hear that it's working for you now! Please let us
know if we can be of further assistance!</p>
<p>Scott Meehan<br>
Infinite Kind Support</p></div>Scott Meehantag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-03T10:48:59Z2015-04-03T10:48:59ZSelling Securities<div><p>Ian,<br>
I have tried the preview version 1188 and it has not solved my
problem which is similar. I have tried to sell a number of lots in
a security and unable to get past the allocation screen. This
screen keeps appearing and only a force quit on Moneydance is able
to close it.<br>
Attached is the window which shows the lots correctly
allocated.</p>
<p>Do you think this is a new problem (therefore a new ticket) or
the same?</p>
<p>Regards</p>
<p>Barry</p></div>barrytag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-03T15:07:44Z2015-04-03T15:07:44ZSelling Securities<div><p>Hi Barry,</p>
<p>I'm not able to duplicate this on my computer. Are you sure the
upgrade to 1188 took? Could you check your version number to make
sure you are on 1188?</p>
<p>Ian<br>
Infinite Kind Support</p></div>Ian Ltag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-03T15:47:52Z2015-04-03T15:47:52ZSelling Securities<div><p>Ian,<br>
I can confirm that I am using 2015 Build 1188. I had a look on the
forums and that is where I got the pointer to build 1188 as a
potential solution. i also used the Enter key for each row of the
lots allocation window and still it repeats. It also does not
matter whether you click on Ok or Cancel.</p>
<p>Regards</p>
<p>Barry</p></div>barrytag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-03T20:52:09Z2015-04-03T20:52:09ZSelling Securities<div><p>Barry</p>
<p>Is this the only lot you are trying to match, or does the lot
match box switch to another sell transaction when you click OK.</p>
<p>When I downloaded 1188 I had the same issue on a test case. I
had to click on the sale to highlight it then allocate. The lot
match opened up the next sale and told me I had allocated the wrong
amount. I had to select this sale and allocate these then click ok
for the program to accept both.</p>
<p>Tom Freeman<br>
Infinite Kind Support</p></div>Tom Freemantag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-12T16:02:54Z2015-04-12T16:02:54ZSelling Securities<div><p>Tom,<br>
it was for one sale of the same security. It also does not matter
it it is from one lot or spread across multiple lots. In order to
get this to work I have had to stop using lots and use Avg
Costs.</p>
<p>Regards</p>
<p>Barry</p></div>barrytag:infinitekind.tenderapp.com,2009-01-14:Comment/362815602015-04-13T05:29:45Z2015-04-13T05:29:45ZSelling Securities<div><p>Hi,</p>
<p>My issue refers back to the original post at the start of this
thread made by Des on 15-Mar-2015.</p>
<p>If I am paid out part of my Investment, I am charged Tax at
source e.g. $20,000 paid out but $2,000 is allocated to Tax and
$18,000 for use in my Budgeting.</p>
<p>Scenario 1: If I transfer the full $20,000 from my Investment
Account to my Bank Account, I need to make an entry for Tax expense
of $2,000. The Income is not shown in my Budget as Des mentions,
but the Tax is reflected in my Budget. Result, my Budget does't
balance.</p>
<p>Scenario 2: If I transfer $18,000 from my Investment Account to
my Bank Account and I transfer the $2,000 Tax expense from my
Investment Account, again the Income is not shown in my Budget, but
the Tax. Result, my Budget does't balance.</p>
<p>Scenario 3: If I transfer $18,000 from my Investment Account to
my Bank Account, again the Income is not shown in my Budget, but
now my Net Worth is incorrect and my Investment Account is
incorrect because the Tax is unallocated. Now the Budget records
neither the Investment Income nor the Tax charge.</p>
<p>I did notice that when I use the Xfr "Action", the "Transfer Fee
Category" has an upper and a lower selection. If I choose the upper
category to be my Bank Account, the funds move correctly to where
they will actually be paid. If I use the Income account in the
upper category, the Budget entry is correct but the Bank Account
obviously has not been credited with the amount. If I choose the
upper category to be my Bank Account and the lower category to be
the Income Account, the funs are transferred into my Bank Account
but nothing appears in my Budget Income account. When I reopen the
transaction, I find that the lower category has reverted to the
default "ATM Withdrawal".</p>
<p>It would help if this lower category could be switched on to
solve the problem, but I am not sure if this would cause the Net
Worth calculation to become incorrect.</p>
<p>Please advise.</p></div>david_consult