How to record and manage purchases of Certificates of Deposit from a bank account?

Quicken Help suggests managing the CD's as a "Security:" and while can record the security, yet, the cash disbursement to buy it, and then the receipt back of the proceeds, plus interest... well I am struck on how to do that.
Any ideas or work arounds???

Best Answers

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Accepted Answer
    Create an investment account
    Transfer cash into it from your bank account
    Purchase CDs
    When they mature, Sell the particular CD for principal + Interest.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Accepted Answer
    Create an investment account
    Transfer cash into it from your bank account
    Purchase CDs
    When they mature, Sell the particular CD for principal + Interest.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
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