How to handle asset management fees - solution

J. Perkins jason at 379.com
Fri Aug 15 14:09:25 CDT 2003


Last week I asked how to enter asset management fees for a 401(k) 
account, which appear on the statement as a sale of shares. When I 
entered them as a sale of shares in gnc, they were interpreted as a 
return on my investment, which is wrong since the money from the sale 
was not intended for me. An ugly solution which keeps the return numbers 
right is to enter it as a sale of (n) shares for $0.

I'm sure this issue will come up again so I thought I might mention it. 
A better solution would be to have the portfolio report look for the 
"fee" field in the register, and ignore the cash value.

Jason




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