when a bond matures, or is sold, why does quicken do two transactions? (remove, deposit)

leonard kearney · November 2021

instead of just recording the sale? (downloading from Schwab)

markus1957 · November 2021

There is usually interest due or accrued that is paid in addition to the redemption or sale.

q_lurker · November 2021

Ask Schwab. If they send Remove / Deposit, that is what Quicken will offer for you to accept. Same circumstance as the similar Reinvest Dividend question just asked.

https://community.quicken.com/discussion/7902590/downloading-schwab-dividend-transactions

Tom Young · November 2021

You should delete those two transactions and record the sale properly. A sale of the bond to create gain or loss and an interest income transaction, the sum of which comes back to that "deposit" total.

leonard kearney · December 2021

agree

when a bond matures, or is sold, why does quicken do two transactions? (remove, deposit)

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