Recording commissions/fees

jen319

My investment accounts have periodic plan expenses. In Quicken 2016, I recorded these as a Sell, with the # of Shares, the amount in Commissions, and Total Sale as $0. I just converted to Quicken for Windows, and this approach was working just fine in 1 account but not another. It keeps updating the Total Sale as -$0 and subtracting the amount from my cash account balance.

For example, I'm trying to record $16.54 in Commissions and it's overriding the Total Sale as -$16.54. Previously, I was able to leave the Total Sale as $0. 

Is this a bug or should I be recording this information differently?   

Thanks

Jim_Harman

A better way to record investment account fees that are paid by selling shares is to enter one or more Sold transactions for the shares sold then a MiscExp for the fee, assigning an appropriate Category for the fee. 

NotACPA

Is this a sale of a security to produce that $16.54? Or is it a deduction from your cash balance?

Jim_Harman

A better way to record investment account fees that are paid by selling shares is to enter one or more Sold transactions for the shares sold then a MiscExp for the fee, assigning an appropriate Category for the fee.