transferring shares

Susan Duffield's Avatar

Susan Duffield

11 Jan, 2022 06:26 PM

How do I transfer shares from one investment account to a different investment account - no money transferred. How does the share history transfer to the new account.

  1. 1 Posted by derekkent23 on 13 Jan, 2022 11:46 AM

    derekkent23's Avatar

    I am not support staff, just a user.
    Hi Susan

    This Tool by Stuart may be what you are looking for.

    Make sure as part of the process you do a Moneydance backup in case something goes wrong.

    With the Extension Tool Box installed open Toolbox. Minimum Moneydance version 2021.1 (build: 3056, ideally 3069+)

    Click TOOLBOX options and select ADVANCED MODE – YES – DO BACKUP NOW.
    Then select MENU – TRANSACTION TOOLS – MOVE/MERGE INVESTMENT TRANSACTIONS FROM ONE ACCOUNT TO ANOTHER – PROCESS and follow the prompts.

    If it does not do what you want you can always to a FILE – (MONEYDANCE on Mac) RESTORE FROM BACKUP.

    Hope this helps

  2. 2 Posted by derekkent23 on 13 Jan, 2022 04:04 PM

    derekkent23's Avatar

    I am not support staff, just a user.
    Hi Susan

    Just been reminded it only moves/merges the whole account into another, not just selective shares.

  3. 3 Posted by dwg on 13 Jan, 2022 09:28 PM

    dwg's Avatar

    As Derek has said toolbox can move ALL shares from one account to another.

    There is no way to just move selected shares from one account to another. As Moneydance is based on accounting to move shares from one account to another you have to move all transactions regarding those shares between accounts and there is no ready way of identifying all possible transaction that could be involved.

    Hence if you want to move some selected shares you have to do a sell in the existing account of those shares, transfer the funds and do a buy in the new account.

  4. System closed this discussion on 14 Apr, 2022 09:30 PM.

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