Why can't I sell shares in a cash reserve account ?

budi
budi Member ✭✭
edited January 13 in Investing (Windows)

I have a cash reserve account that has shares in it. I entered a transaction to sell shares and have the proceeds go to a mutual fund account. The original account showed the balance decreased but the money does not show in the receiving mutual fund account

Where did the money go?

Thanks

Nancy

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Please explain what a "cash reserve account" is.

    What is the exact Q transaction that you used for the sale? If you could post a graphic it would be helpful.

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

  • budi
    budi Member ✭✭

    It is an account that accepts credit for money generated by credit for miles earned by using a crdit card. I enter the $ amount and indicate that it is $1 per share when money is added to the account. I also am able to transfer money out of the account to my checking account at another institution The balance shows as shares.

    In this transaction, I entered a sell, at $1 per share and indicated another mutual fund as the account where the cash was to be creditied. It showed that the shares/cash was removed from the account but it doesn't show up in the receiving account

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