Why doesn't a matured CD show up as a sale transaction when downloaded

scott.k.kauffman
scott.k.kauffman Member ✭✭
in Download, Add/Update Accounts (Windows)
When I download account activity of an account with a matured CD, it generates 2 transactions--a matured CD tranacton and interest income. Why doesn't it generate a sale of the original investment in the CD? If I accept the downloaded transation, the CD never goes away

Answers

  • Rocket J Squirrel
    Rocket J Squirrel SuperUser ✭✭✭✭✭
    The question is who is the "it" which generates the transactions? Probably your financial institution, which knows less about Quicken than you do. Edit whatever incorrect transaction the FI sent and change it to a Sold transaction.
    Quicken user since version 2 for DOS, now using QWin Premier Subscription on Win10 Pro.
  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    There's no such thing, in Q, as a "matured CD transaction".  So what was the actual action that downloaded?  Was it, perhaps, a "Shares Removed" transaction?
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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