How should I record Fixed Deposit proceeds?

[k_kirk]

Hi. Quick question. I have some fixed deposits which give me interest income at maturity. I have been recording the interest income only using the Interest Income under distributions but I just realized FM does not add to my cash balance when I do this. I don't need to track in & out of capital as I only place for short term and simply need to record the interest earned so my account balance reflects the final amount. How should I record this transaction? Thanks for your help once again.

Regards,
Kerem

[Mark]

Hi Kerem,

If your assign a default cash account to your sub-portfolio, then these proceeds will automatically be deposited into your cash account. If you don't want to use a default cash account, then you can manually add the proceeds when you record the interest income. This is simply a buy transaction in the cash account, at a price of 1.