SoldX or Remove shares from American Century Account

Question

When I sell shares from a mutual fund at American Century it gets reported as a "Remove Shares" .  The cash from the sale is sent to a bank account in another institution.  So, there is not a cash account associated with that investment account.  I have, in the past, edited that transaction to make it a "SOLDX" .  Is that correct?  Or have I messed up my accounting for this investment account?  I do want the gain/loss on sale to be accurate.

Jim_Harman · Accepted Answer

SoldX is correct when you sell and the cash is transferred to another account.