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How to Track Investments Purchases in Quicken 2013

As you buy additional investments — by contributing additional amounts to your retirement account or by reinvesting dividends and capital gain distributions — you should record the transactions in Quicken 2013 for the investment account.

Buy investments by writing a check

If you buy shares by writing a check, display the investment window (by clicking the Investing tab and then the investment account), and then record the purchase by following these steps:

  1. Click the Enter Transactions button.

    Quicken displays the dialog box used to enter investment transactions.

  2. Select Buy – Shares Bought in the Enter Transaction drop-down list box.

    Quicken displays the Buy – Shares Bought version of the investment transaction entry dialog box.

  3. Enter the purchase date in the Transaction Date text box.

  4. (Optional) Enter a description in the Memo text box.

  5. Enter the bank account on which you’ll write the check that pays for the shares.

    Select the account name in the Account drop-down list box.

  6. Indicate the size of your purchase by using the Number Of Shares and the Price Paid text boxes.

    Tell Quicken the size of your investment by giving the number of shares purchased and the price paid per share.

  7. Enter the commission or fee that you paid.

    Move the cursor to the Commission text box and enter the commission or fee you paid to purchase the shares. (The amount shown in the Total Cost text box includes this figure.)

  8. Record the purchase.

    Click the Enter/New button if you want to record the transaction and enter another new transaction, or click the Enter/Done button if you want to record just the single transaction. Quicken records your purchase of new shares. You are now a capitalist. Congratulations.

Buy investments by reinvesting dividends, interest, or capital gains

When you reinvest your dividends, interest, or capital gains, you also must record your reinvestment transactions. Essentially, you’re buying new shares using the dividend or capital gain proceeds you could have received. To record the reinvestment of investment profits, display the investment window (by clicking the Investing tab and then clicking the investment account), and then follow these steps:

  1. Click the Enter Transactions button.

    Quicken displays the dialog box used to enter investments transactions.

  2. Select Reinvest – Income Reinvested in the Enter Transaction drop-down list box.

    Quicken displays the Reinvest – Income Reinvested version of the investment transaction entry dialog box.

  3. Enter the purchase date (in this case, the reinvestment date) in the Transaction Date text box.

  4. (Optional) Type a brief explanation of the transaction in the Memo text box.

  5. Use the Amount and Shares columns to describe the reinvestment.

    Take another look at the figure. No, really, go ahead. See those rows labeled Dividend, Interest, Short-Term Cap Gain Dist, Mid-Term Cap Gain Dist, and Long-Term Cap Gain Dist? And see the columns labeled Amount and Shares?

    Use these rows and columns to record the amounts of dividends, interest, and capital gains distributed to you by the mutual fund and to record the numbers of shares you purchase by reinvesting these amounts. For example, if you receive $450 of dividends and use this amount to purchase 4 shares, you enter 450 in the Dividend Amount box and 4 in the Dividend Shares text boxes, respectively.

  6. Record the reinvestment transaction.

    Click the Enter/New button if you want to record the transaction and enter another new transaction, or click the Enter/Done button if you want to record just the single transaction.

The figure shows $450 of dividends being reinvested in the mutual fund by buying 4 more shares and $4,500 of long-term capital gains being reinvested by buying 40 shares.

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