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July 9, 2024
Question

Can I add that an additional income field to the reconciling transactions page?

  • July 9, 2024
  • 1 reply
  • 0 views
I have an account with a brokerage firm that accepts stocks. When I sell those, how do I record the income in addition to the interest?

1 reply

Tori B
July 9, 2024

Good morning, @laurie-creekston.

 

Thanks for reaching out. How's your day going so far? I hope all is well. 

 

At this time, the option to add an additional income field to the reconciling transactions page is unavailable. I understand how this may be beneficial for you and your business. With that said, I recommend submitting this suggestion to our Product Development Team. Our developers review each request and consider them all for future updates. You can use the link I'm including below to send in your feedback. 

 

 

On the other hand, I suggest consulting with your accounting professional for more help with recording the income and interest from the brokerage firm. Your accountant can advise the best way to record this data based on your business needs. If you don't have an accountant, don't sweat it. You can find one here in our Resource Center

 

In the meantime, here are a couple of articles that cover more information about accounts and reconciles, should you ever need them in the future:

 

 

Please let me know if there is anything else I can assist you with. I'm happy to help out anytime. Have a good one!