How to handle accrued bond interest as expense

VicM
Quicken Windows Other Member ✭✭
Recently purchased a bond which included accrued interest I had to pay to previous owner. When I enter the number of bonds and purchase amount the total does not add up to the expense incurred since the bond included an accrued interest that was an expense to me. How do I enter the accrued interest expense?
I'm using Quicken 2015 Premier edition.
Thanks,
Vic
0
Best Answer
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Did you use the "Bonds Bought" transaction? Because there's an "Accrued Int" field thereon:
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP6
Answers
-
Did you use the "Bonds Bought" transaction? Because there's an "Accrued Int" field thereon:
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP6 -
NotACPA,Wow. Never paid attention to that. That makes a lot more sense now. Guess one learns something new everyday.Really appreciate the feedback.Thanks,Vic0
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