Investment account with linked checking account (Windows user)

Question

I'm having a problem with the linked checking account. If I get the cash amount on the investment screen to agree with the bank balance, the amount shown in the checking account is incorrect. Fixing it the other way leaves the Investment screen cash balance incorrect.

Additionally, adding a category on the checks written on a linked account (posted in the investment screen) do not show on reports. If I post the checks written on the linked screen directly, that account and the reports are now correct, but the cash balance on the investment screen is incorrect.

Is there a solution to this? It should be a standard issue for any brokerage account with check writing privileges.

Wink A · Answer

The Investing, portfolio screen shows the cash balance at the bottom of each investment account. The Investment accounts have the show cash in a checking account set to yes. The displayed balance is different from the checking account balance. I can get one or the other to agree with the brokerage account balance, but not both. And this still leaves me with the issue of booking a check paid in the investment account with a category, but the category does not flow through to the reports.

NotACPA · Answer

If you're using Q's "Show cash in a checking account" feature, there is no cash in the investment account … it's all been moved to the LCA.

You can see the combined value on the Portfolio screen, click INVESTING, Portfolio.