Your members should get units when their check is recorded in the bank account. When you transfer the funds to the broker, you are not creating new units. If you are using AccountSync to download your transactions, you'll have to delete the downloaded transaction from the broker and re-enter it manually as a cash transfer.

 

Ira Smilovitz

 

Hi,
I have a delima. We have a bank account seperate from the
broker account.  We deposit all checks in the bank account
and write only one check to the broker.
I used "Transfer" to move the funds from the bank account to
the broker account.  I see the entry as a transfer in both
accounts, but the problem is no one has received any credits
for "units".
If I enter a payment transaction for each person I end up
with double the amount of the transfer in the broker
account.
How should I post this type transaction?
Thanks
Frank