Confused about connecting transactions and parternership investments

b4dflop

I am using Quicken Premier (for Windows) and I'm confused about how to handle capital calls. Here is the situation:

I can autoimport my activity from a joint brokerage account. I see a line that says "withdrawal" which is a wire-out to the private fund. I have multiple funds all manually tracked in a single account called "Partnership Investments." If I transfer it to the cash account of the "Partnership Investments" and then do a capital call and use this money the IRR is incorrect. It seems I must use cash from outside of this account. Is this right?

So then do I select the source of the cash as the joint brokerage for the capital call? How do I connect it to this specific wire out from the joint brokerage? If I go to the joint brokerage account I can't directly assign the item to the specific security in the Partnership Investments account but just the cash of the Partnership Investments account.

I'm very new to Quicken so I may be missing something basic but it's quite confusing to me what I'm supposed to do.

Do I have to reassign the payee of the original imported transaction? If I leave it as is and create the new entry in the Private Investments and us the source of cash as the joint brokerage account I see a new entry in that account. Then, how do I "merge the transaction" with the one imported showing the wire out. It would make the cash balance too low.

thanks!

b4dflop

I'm sure I've likely rediscovered what many have been doing for a while for, perhaps other reasons, but I solved this by creating a "transfer checking account." I then issue capital calls to this account and transfer the wire-outs or withdrawals I get from automatic imports into this account. So the transfer account should always have $0 balance (within 1-2 days) and this makes the IRR calculation correct and makes it easy to just do auto-import from the existing brokerage account.