Investment Balances and Buy Stock
So I have several Etrade accounts linked for Tracking but the balances dont reflect correctly when stock is purchased within the account and I do an import - for example - deposit monies ($2000) to account as "inflow" from checking account on budget then buy stock as "outflow" - this reduces the account balance though after the import so - do I just need to make a manual adjustment of +$2000 to correct it?
Image attached - as you can see the balance should be $7574.15 but its not
In YNAB, Investment tracking accounts work best without direct import or importing of any kind. When I put money into the account, I do a transfer like you did. However, I don't track purchases within the account or value changes. I just adjust the total balance once a month +/- for market changes.
Investment accounts in YNAB are only good for tracking the balance and moving funds in or out. I just use the investment account website for seeing the details. Or you could use an external program made for handling investment accounts correctly like Quicken.
I do that by reconciling. Do you, too? Is there a difference between using reconcile and using an transaction, do you think?
In the web app, it is possible to enter a transaction with a blank payee. On mobile, you'd see Payee Needed (iOS) or No payee set (Android).
Why is it that the web app and the mobile apps handle this differently?
I suppose that would be easiest. Instead of reconciliation, I just modify the account balance which also creates a balance adjustment transaction. I guess that's just potatoes vs potatahs. 🥔