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  Investment sale listed as negative Use of Cash?

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Author Topic:   Investment sale listed as negative Use of Cash?
FN_User
Member 		posted 07-20-2004 01:36 PM     Click Here to See the Profile for FN_User     Edit/Delete Message
I have noticed that an investment sale shows up on my Cash Flow Report with a negative amount for the monthly activity. It is also listed as a Use of Cash. Shouldn’t it be a positive amount and a Source of Cash?

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fni_support
Moderator 		posted 07-20-2004 01:37 PM     Click Here to See the Profile for fni_support     Edit/Delete Message
What you describe can happen in the following situation: You have bought the investment earlier in the year and sold it the same year for a loss.

The Cash Flow Report is “driven” by the Y-T-D Activity column. Therefore, if you sold your investment at a loss it is considered a Use of Cash for the Year. Although it is a Source of Cash for the active month, the account can only appear in one section of the report. As a result, it is represented as a negative Use of Cash for the month and a positive Use of Cash for the year.

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George
Financial Navigator Int'l

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