Investments held by a business

Question

Hi,

I am using Quicken Classic Business & Personal (Canada) R60.18.  I have a business which recently invested in a small investment portfolio of marketable securities.  Using Quicken to track the portfolio activity.  However, when I run the reports - balance sheet and profit and loss statement —the investment activity is not reporting properly because Quicken considers all investment categories as personal income/expenses.  Is it possible to use edit investment categories to allow for use as either business or personal?

EugeneM · Answer

Thanks but not it.  Account is identified as a business account.

To clarify, the balance sheet shows total investments but not the correct value.  I have since determined that it ignores the asset management fees paid.  The asset management fee category is set up as a business expense.

The income statement doesn't show any income - whether dividends, interest income, or realized gains/losses.  But it does pcik up the asset management fees as an expense.

NotACPA · Answer

Don't know if this is available in QCda, but try TOOLS, Account List, click EDIT adjacent to the account, click Display Options and under Account Intent see if there's a BUSINESS option.