Cash account and fees
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Posted by John
on February 19, 2007 at 03:47:52:
Mark
I just purchased FM, after trying it for the trial period. Very good program, I"m a happy new customer. And thanks for letting poeple try a fully featured trial version, this was crucial in my purchasing decision.
I have a question though.
I import transactions from files in MS Money format (Interactive Brokers is my broker), and everything works perfectly.
However, there is something I dont understand.
Let's say for example that I purchased 1000$ of stock ABC, and my fee is 2$. Everything is recorded perfectly in the stock ABC investment window, including the fee.
However, the cash account shows a redemption of 1000$, not 1002$, as it should (purchase plus fees). In other words, the fees are not recorded in the cash account.
As a result, the value of my portfolio shown in FM doesnt take into considerations the fees that I pay.
The same happens for all my transactions.
What do you think is my problem here?
Thanks a lot - John
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