Entering Mutual Fund Splits in Money
  
PSS ID Number: Q117332
Article last modified on 07-14-1997
 
3.00
 
WINDOWS
 

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3.00
WINDOWS
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The information in this article applies to:
 
 - Microsoft Money version 3.0
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SUMMARY
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Microsoft Money 3.0 does not support splitting mutual fund shares.
 
WORKAROUND
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You can update your mutual funds using one of the following methods:
 
1. Adjust each of your past mutual fund transactions.
 
   For example, if there was a 2 for 1 split on your mutual fund, you
   would need to double the quantity and split the price in half for
   each transaction that occurred before the date of the split.
 
2. Track the mutual fund as a stock because Money does support stock
   splits.
 
   NOTE: Using this method, you will be unable to enter long and
   short-term capital gain distributions for your fund because
   stocks do not incur these type of activities.
 
This issue has been corrected in Microsoft Money 4.0 for Windows 95.
 
KBCategory: kbother
KBSubcategory:
 
Additional reference words: kbhowto 3.00 funds mny3 mny investments
investment 2-for-1 3.0
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Keywords            : kbother
Version             : 3.00
Platform            : WINDOWS
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Copyright Microsoft Corporation 1997.