Accrued Interest on Bonds Sold?
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mark303
Member ✭✭✭
When you "Buy Bonds", the transaction gives you the opportunity to enter unearned accrued interest which it automatically records as a miscellaneous interest expense. However, when you "Sell Bonds" there's no place to enter unpaid but earned accrued interest as of the sale date. Am I entering the sale through the wrong type of transaction?
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Hello Mark,
Sorry, you have yet to receive a response.
Are you still looking for a solution?
I do not see a Transaction type that offers an option to enter unpaid but earned accrued interest.
This may need to be entered as a separate transaction.
A payment/deposit transaction would be the most generic, this allows for the entry to be a traditional transaction.
Would this work show you what you are needing?
Let us know!~~~***~~~0 -
Are you looking at the "Bonds Sold" transaction? Because QWin H&B appears to have the "Accrued Interest" function.
What you'd put in there is the interest that's due to the Seller ... that hasn't been paid yet.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Hello NotACPA,
Thank you for the response.
The Mac version doesn't offer that field.
The "Buy Bonds" has this field.
Hope that clarifies!
-Quicken Tyka~~~***~~~0 -
AAAHHH, sorry that I missed that his is a QMac question.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP1
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