Mutual fund expense transaction

Unknown

I am adding my mutual fund periodic investment to my quicken. They charge a quarterly expense which they sell some of the shares to get their money,. How do I annotate that in transaction.? I only see a way to deduct cash expenses. Thanks!

q_lurker

Two transactions required
1) Sell Shares
2) MiscExp or Withdraw transaction to 'spend' the cash from the sale on the quarterly fee.
Use the memo field on one or both to explain if needed.

Unknown

Thanks. I hoped there was an easier way but that will work.