Unassigned credit

Ruth Peace on

I deposited a $500 check to Scottrade to buy 13 shares of
Stryker. Account transactions show the $500 as "unassigned
credit." Investment transactions show the $617 (cost of
Stryker) in parantheses. The account balances show the
brokerage account balance as still including the $500. Upon
calling Scottrade, all of their records seem to be correct.
Why do I have the "unassigned credit"?

Rip West on

Hi Ruth,

Your account shows the $500 transferred from the bank to Scottrade. That entry came from your transfer entry. AccountSync, in picking up all the Scottrade entries, also found that the $500 had been entered into your account, so it picked up that entry as an 'unassigned credit'. All you need to do is to delete that 'unassigned credit', and everything should balance.

In the future, specific questions as to your account entries might be better directed to support@bivio.com.

Rip West
Saint Paul, MN

iras1 on

Because AccountSync doesn't know what the $500 represents. If it's a cash transfer from another account, you have to edit the transaction to completely identify it.

Ira Smilovitz

Join me at InvestEd 2010

Investor Education at Its Best^TM
Baltimore, MD August 6 - 8, 2010
http://www.investor-education2010.org/

In a message dated 09/28/09 15:14:56 Eastern Daylight Time, rpeacecps@bivio.com writes:

I deposited a $500 check to Scottrade to buy 13 shares of
Stryker. Account transactions show the $500 as "unassigned
credit." Investment transactions show the $617 (cost of
Stryker) in parantheses. The account balances show the
brokerage account balance as still including the $500. Upon
calling Scottrade, all of their records seem to be correct.
Why do I have the "unassigned credit"?

Ira Smilovitz

Join me at InvestEd 2010

Investor Education at Its Best^TM
Baltimore, MD August 6 - 8, 2010
http://www.investor-education2010.org/

fdunlap2 on

Please unsubscribe me from any further messages.

Frank Dunlap

----- Original Message -----
From: "Ruth Peace" <rpeacecps@bivio.com>
To: "club cafe" <club_cafe@bivio.com>
Sent: Monday, September 28, 2009 12:14:41 PM GMT -08:00 US/Canada Pacific
Subject: club_cafe: Unassigned credit

Laurie Frederiksen on

Hi Frank,

If you click on club cafe on the bivio home page, it will take you to the club cafe message board. At the top of the message list is a little button labeled leave

Just select this to unsubscribe.

Thank you for spending some time with us.

Laurie Frederiksen

bivio Inc.

From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of fdunlap2@comcast.net
Sent: Tuesday, September 29, 2009 6:28 PM
To: The Club Cafe
Subject: club_cafe: unsubcribe

Please unsubscribe me from any further messages.

Frank Dunlap

Delano Finch on

The same thing happened when I transferred funds from our credit union checking to Ameritrade cash account for a future stock purchase. As soon as I identified the source account, everything automatically balanced. Bivio is really great!

On Mon, Sep 28, 2009 at 2:14 PM, Ruth Peace <rpeacecps@bivio.com> wrote:

I deposited a $500 check to Scottrade to buy 13 shares of
Stryker. Account transactions show the $500 as "unassigned
credit." Investment transactions show the $617 (cost of
Stryker) in parantheses. The account balances show the
brokerage account balance as still including the $500. Upon
calling Scottrade, all of their records seem to be correct.
Why do I have the "unassigned credit"?

--
Del in Mankato
Where the lawn is lush and GREEN !

Mail