Thirs party fees

[Jarmila]

thanks - works.

[Mark]

Hi Jarmila,

Record these as "Account Fee" type distributions. These have a negative value. Typically they are recorded in the cash account. You can get a sum of these fees for any time period you want using either a "Distribution Summary" or "Custom" report. In a Custom report, add the "Account Fee distributions (between)" field to your report.

[Jarmila]

Hi Mark,

thank you for the Explanation - however one Thing does not work - or I do not know how to. When I hence add this "type of Distribution" it does not Change the value of the account though ?

Thanks
Jarmila

[Mark]

Hi Jarmila,

Are you entering this fee in your cash investment? Make sure you record the Account Fee as "Reinvested". You will enter a negative number for value and for shares, and keep the price at 1. This is essentially selling shares to pay your fee. You will have fewer shares as a result, and a lower value.