InstantForum.NET v4.1.4MySF Forumshttp://www.mysf.com.au/members/info@mysf.com.auSat, 04 Feb 2012 17:59:14 GMT20http://www.mysf.com.au/members/Topic2885-26-1.aspxA couple of ideas<b>1. Bank Account</b>You could handle it in a number of ways, one of them being as a bank account as you imply in your note. Bank accounts by default fall into a "Cash" Asset Class which is the correct treatment from an asset classification perspective. You would receipt the income using either Interest Receipt Type, or you could create a new Receipt Type called say Term Deposit Income. (This would display the income separately on the Cash Flow Report).<b>2. Financial Asset</b>A second way is to record it as a Financial Asset in an Asset Class of "Term Deposits". You would purchase 1 unit at $x. At the Maturity date you would sell the asset for the same amount as you purchased it for - therefore creating no capital gains. The income would be recorded as above in the Bank Account either with the Interest Receipt type or a new Receipt Type.Hope this helpsRegardsMySFThu, 07 Jun 2007 21:44:47 GMTmysfhttp://www.mysf.com.au/members/Topic2885-26-1.aspxAs an investment transaction I have set up a term deposit.It is for a fixed term at a fixed rate. At the end of the term I am likely to roll it over i.e. the money stays where it is but the maturity date and possibly the rate may change. Alternatively I may withdraw all or part of the deposit.It is not a 2nd bank account as such. In this case the entity is a bank but it could be any entity.I would appreciate any suggestions on how best to set this up in MySF.Thanks.Wed, 09 Jun 2004 11:22:25 GMTadrianrees