Set up account to only track $ value of portfolio

m_lafortezza

I have 3 financial accounts for which I would like to track ONLY the $ value of the account on a quarterly basis.  I have no need to consider any incremental deposits or tax implications over time, and no downloads into the account will be necessary. My intention is to enter a new value for the portfolio at the end of each quarter as simply as possible - I am just looking to track the $ value of the portfolio. I was hoping someone might have a suggestion on the best and easiest way to set up and track an account for this

John_in_NC

See below with my notations. Make sure you click on Transactions when in the portfolio view so you can enter your transaction for the amount. 

John_in_NC

Easiest? Set up a new Asset account. Create (command+n) a new transaction with category "Adjustment", and the present value as the amount. Edit each quarter with the new amount, or you can create a new transaction adding in (or subtracting) the change in market value if you want to show any history.

You can also do this in an investment account so it shows up under investments, but that adds a little to the complexity. (You would have to indicate it is a manual account, and use a Payment investment transaction. )

I know a few people who do this who simply want to see the current value and not be bothered with price updates, downloading transactions, etc.

m_lafortezza

thanks john - i just tried to set it up under investments but what do you mean by indicating it as a MANUAL account - I didn't see that option...and also, what is a payment investment transaction that you referenced? 

John_in_NC

See below with my notations. Make sure you click on Transactions when in the portfolio view so you can enter your transaction for the amount. 

m_lafortezza

Thanks - worked well!