Negative cash balance

Cattooth
Cattooth Member ✭✭
I'm with Vanguard and recently invested funds from the money market to a new CD. After clicking update, instead of moving the funds from the money market, the Quicken account shows a negative balance of the amount invested into the CD. The CD has the correct amount. How do correct so that the account reflects the correct amount in the money market and remove the negative cash balance?

Answers

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    You need to sell some shares of the Money Market Fund to make cash available to purchase the CD.
    Since you've already purchased the CD, only the MMF sale is now needed.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Cattooth
    Cattooth Member ✭✭
    Thanks for your response. I am a long time user of Quicken but recently switched to Mac. It has been a bit of a struggle with the change so I have no clue how to sell shares, as suggested.
  • Cattooth
    Cattooth Member ✭✭
    Never mind, I figured it out. Thanks again.
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