Interest received from Broker on a money market acct.
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Interest received from Broker on a money market acct. Interest received from a Broker should it stay in Interest or should it be posted in Dividend, I know a read a article on it out here on Bivio but I can't find it again. Thanks again for all you help. Georgine Gubbins Dear Georgine, It depends on what category it is reported to you on your 1099. In either case, for money market dividends or interest, use the income button on the Accounting>Accounts page to record them. Make sure not to use the Income button on the Accounting>Investments page. Laurie Frederiksen
Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Mon, Feb 25, 2013 at 10:47 AM, Georgine B. Gubbins <msgub@sbcglobal.net> wrote: Interest received from a Broker should it stay in Interest It is listed underneath Interest Income on Broker Statement, just talking 5 cents. Thanks Laurie.. If it is listed as interest on your 1099, you'll want to enter it as interest in bivio. Laurie Frederiksen
Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Mon, Feb 25, 2013 at 12:14 PM, Georgine B. Gubbins wrote: It is listed underneath Interest Income on Broker Statement, |
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