when a bond matures, or is sold, why does quicken do two transactions? (remove, deposit)

leonard kearney

instead of just recording the sale? (downloading from Schwab)

markus1957

There is usually interest due or accrued that is paid in addition to the redemption or sale.

q_lurker

Ask Schwab.  If they send Remove / Deposit, that is what Quicken will offer for you to accept.  Same circumstance as the similar Reinvest Dividend question just asked.  

https://community.quicken.com/discussion/7902590/downloading-schwab-dividend-transactions

Tom Young

You should delete those two transactions and record the sale properly.  A sale of the bond to create gain or loss and an interest income transaction, the sum of which comes back to that "deposit" total.

leonard kearney

agree