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GSH-CY
February 24, 2025
Question

Brokerage Investments and Received Distributions from Investments (Fixed Assets)

  • February 24, 2025
  • 1 reply
  • 0 views

I have inherited QB files that have set up Partnerships as a Fixed Asset where hierarchal order is

American 123 Fund

     Capital - AM123

     Profit/Loss - AM123

     Distribution - AM123

When reconciling the brokerage statements, distributions received are journaled against the Distribution account.

 

Although this is not "income", my boss who considers it "his income" wants to see how much he has received in distributions of each Partnership, by month. I have not been able to find or create a report that I can run to show this.

 

Does anyone have any solutions?

1 reply

JenoP
JenoP
February 24, 2025

You can create a Quick Report that showcases all transactions related to the account, GSH-CY. This report will provide you with a comprehensive list of all deposits or withdrawals made in the account. 

 

Allow me to guide you through the process of creating this report. Here’s how to do it:

 

  1. Go to your Chart of Accounts and look for the Distribution - AM123 account.
  2. Right-click on the account and choose QuickReport: Distribution - AM123.
  3. Change the date in the Dates field to get the amount per month.

 

 

 

To provide additional resources when creating financial reports in QuickBooks, I'll share these articles with you:

 

 

Always remember that the QuickBooks Community is available to offer further assistance if you need help analyzing data or customizing your reports. We're here to support you, so don't hesitate to reach out for guidance whenever necessary.

 

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