Return of capital from mutual fund

DMac0724

If there is an annual return of capital on a mutual fund, I record this by using the function in the cash account of the mutual fund in Quicken. This records the amount as a debit to mutual fund cash and presumably credits the investment cost without affecting the share balance of the fund(for future tax ACB purposes). I understand this, however this leaves the return of capital amount recorded as the increase in cash account and therefore when I try to agree it to the investment manager report there is always a discrepancy in the amount equal to the return of capital. How do I remove the amount from the mutual fund cash account in Quicken? I am using Quicken Classic. Thx

Coach Kristina

Hello @DMac0724,

Thank you for reaching out with this question. However, this is the Quicken Simplifi Community. Since you say you are using Quicken Classic, please reach out to the Quicken Classic Community for assistance. Here is the link: https://community.quicken.com/

Thank you!