Re: Correctly using Cash Account...

[ Q1-Q3 99 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

In Reply to: Correctly using Cash Account... posted by Wouter Stevens on April 17, 1999 at 17:08:39:

: Hi,

: To have a more accurate picture of my portfolio, I wanted to use a "cash account" as part of my portfolio. To achieve this, I defined a new investment "Savings" of the type "Cash", Investment Goal "Income" and Asset Type "Money Market" (had to type something...) and chose 1 EUR (being a European user) as share price and quantity 25000. I then selected this new investment in Options/Preferences/Other as the "Default Cash Account". From the help file, I understood that this cash account would be used for debit/credit operations whenever buy/sell operations on other investments were done. Well, instead the cash investment was just added to my portfolio as a fixed amount that did not change when other stock was bought or sold.

: So my question: where did I go wrong?

: Regards,
: Wouter.

Hello Wouter,
Sounds like you did everything right. Did
you save your portfolio after adding
this investment and assigning it as the default
cash account? If you do a buy/sell/distribution
transaction in any other investment in this
portfolio, you should have those funds
added to / removed from the cash account.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

Replies:

• Re: Correctly using Cash Account... Wouter Stevens 16:29:39 4/21/99 (1)
  • Re: Correctly using Cash Account... Mark 22:51:08 4/21/99 (0)