Laurel,
When I update my 401k, sometimes the buys are downloaded as contributions.
If I go into the Cash Transactions of my investment account, I can look
pull up each individual "Contribution" entry. For some reason some downloads
come through with Contributions in the memo and some say Contributions as
the payee. (All downloads from Principal) I delete Contributions from the
payee and put it in the memo field. After that the enter will state what
investment account it really is for.


Cindy

"Contribution" accounts are common in Money. The general name for them is
Investment Cash Accounts. They can go by various names, but [name of
investment acct] Contributions is a typical default way for Money to create
one.

I cannot speak to how you created the accounts in Money. I'm not sure what
you mean by your first two sentences. What you see when you logon to Schwab
may not be relevant. When you look in Account List in Money, you will not
see the Investment Cash Accounts. If you see cash and investments in your
Schwab online accounts or on your statements, Money has to have a place to
represent this cash. There are two basic ways to do this and which way Money
depicts it depends, if you are downloading data, on how the brokerage
reports it. Some treat the cash as shares in some money market fund held in
the Investment Account. Some call it cash. In the latter case, as noted, the
only place Money has to represent this cash is in an Investment Cash Account
associated with the basic Investment Account. Investment Accounts cannot
have cash balances. It's just the way Money works.

To find out which investment accounts have associated cash accounts, go to
Account List. Go to each Investment Account. If the link on the left side to
Cash Transactions is grayed out, there is not an associated Investment Cash
Account. If Cash Transactions is enabled, then an Investment Cash Account is
associated with this Investment Account. Click Cash Transactions. This is
where the Investment Cash Account register is located.

I'm not sure what you are asking me if I see in my environment. I have many
Investment Accounts and some of them do have associated Investment Cash
accounts. Except for those for the 401k accounts, I was explicitly involved
in Money's decision to create them. The ones that exist all have some cash
balance or see, for instance, the flow of money to the 401k. They reflect
real world places where cash sits from time to time. I don't download
transaction data.

"Laurel" <FakeMail[at]Hotmail.com> wrote in message
news:eErsN%235%23FHA.1248[at]TK2MSFTNGP14.phx.gbl...
- quote -

Thanks for responding, but I think my response to Dick Watson applies here
too.

"Michael Gordon, MVP" <gordonm[at]denison.edu> wrote in message
news:uY7I$x4%23FHA.228[at]TK2MSFTNGP12.phx.gbl...
- quote -

"The account" is actually an ownership concept - that is, I log on under a
username;password. And in that environment I see 3 accounts at Schwabe and
four accounts in Money, the familiar Schwab accounts and the unfamiliar
"contributione." I don't always see the "contributions" account. I
haven't yet figured out which pages show it to me. Within each of the
familiar Schwab accounts see cash as well as mutual funds, etc. And in the
transactions I see "add shares" that are obviously adjustments made when I
established the Money account. So I think what you are describing is not
what I'm seeing.

None of the accounts are IRA or 401K.

Thanks for digging into this with me. Other thoughts? I gather you don't
see this sort of thing in your environment?

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:%23UUhKMz%23FHA.1288[at]TK2MSFTNGP09.phx.gbl...
- quote -

If the account is, in fact, an IRA, then Schwab will initially d/l it as an
IRA with an associated Contributions account. If you change the details of
the account to tax-deferred (and not an IRA), then you can change the
Contributions account to a Cash account (and therefore avoid the useless
reconciliation wizard). What you can't do is change the account number of
the Cash side (though you can for the Investment side).

OFX has a lot of permutations.

--
Michael Gordon
MVP


"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:%23UUhKMz%23FHA.1288[at]TK2MSFTNGP09.phx.gbl...
- quote -

Investmetn Cash accounts are typically used for brokerage type accounts
where the broker will retain your cash between trades that go in the
Investment Account. Money forces them to be created for accounts marked as
Retimernent accounts; why this HAS to be is a question for the ages. Perhaps
its because it makes it much easier for them to create wizards for 401k
account contribution activity. You haven't provided enough data to convince
me that these are not "real" accounts in the sense that they reflect how
Schwab is actually accounting for your relationship with them. I'm guiessing
that downloaded data is involved, so I'm guessing that Schwab really thinks
you have accumulated some cash in such an account.

"Laurel" <FakeMail[at]Hotmail.com> wrote in message
news:uwnGdfx%23FHA.3392[at]TK2MSFTNGP14.phx.gbl...
- quote -

I have several accounts with Charles Schwab, and in some reports and extra
"account" shows up. It's called "Charles Schwab Investment (contributions).
It has a small amount of money in it and I can't match it with any of the
"real" accounts. Where does this come from?