My S-corp owns a brokerage account that is managed by an advisor. Every quarter, I receive a statement showing the advisor fee taken out, any interest and/or dividends applied, and any loss/gain to the market value of the account. There is buying and selling by the advisor going on all the time in the account, so I do have tax ramifications that must be accounted for on Form 8949 of my 1040 return as a result of a 1099-B which I received.

Do I need to record any of this in Quickbooks for the S-corp? For instance, in the first quarter after the account was opened, there was $143.44 advisor fee, $.92 interest & dividends, and $860.66 in loss of market value. Do I just keep showing the opening balance of the account on the balance sheet, or should I adjust it every quarter to reflect its true value? If the latter, what accounts should I debit/credit to accurately record these intra-brokerage-account transactions?

Any help would be most appreciated!