Is there any way to add to the drop down list when you enter transactions in your investments?

ajohnson0756

Some of my accounts do not have all the transactions I need in drop down box. Others do. I need to add some that exist in other accounts.

Jim_Harman

The account types have different features. These affect what options you have and also affect how the accounts are treated in the Tax Planner, Lifetime planner, and reports. It's complicated and it is usually best to use the correct type of account for what it actually is. Unfortunately if you chose the worng type of account when you set it up, there is often not an easy way to correct it.

One exception is a Single Mutual Fund account. This is a limited type of brokerage account that can only hold one mutual fund, no cash. I would not recommend this unless your financial instution requires it for downloading. You can switch a SMF account to Brokerage but not the other way. There is little downside as far as I know in selecting Brokerage when you set up the account even if there is only one fund in the account

volvogirl

Can you give an example of what's missing or a screen shot?  If it is setup as a Single Mutual Fund then choices are limited.

Jim_Harman

Also if you enter the transactions using the Enter Transactions button rather than directly in the Transaction list (register) you will see more options.

And IRA accounts do not have as many options as normal brokerage accounts.

ajohnson0756

What happens if you change from single mutual fund or IRA even if that is what they are? Any negatives to your data or records? Thanks to both of you responding so quickly.

Jim_Harman

The account types have different features. These affect what options you have and also affect how the accounts are treated in the Tax Planner, Lifetime planner, and reports. It's complicated and it is usually best to use the correct type of account for what it actually is. Unfortunately if you chose the worng type of account when you set it up, there is often not an easy way to correct it.

One exception is a Single Mutual Fund account. This is a limited type of brokerage account that can only hold one mutual fund, no cash. I would not recommend this unless your financial instution requires it for downloading. You can switch a SMF account to Brokerage but not the other way. There is little downside as far as I know in selecting Brokerage when you set up the account even if there is only one fund in the account

ajohnson0756

Thanks to both of you. Getting rid of the single mutual fund showed more choices in the drop down box.

NotACPA

Add'l info re: that SMF account.  It can only hold the original single fund EVER.  If you sell all of that fund and buy another fund, you'll have to create a new SMF account.

ajohnson0756

Thanks.