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#12
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| The features of use to me in Money got limited 'round about 2002 or even 1998. "Taylor" <123[at]456.com> wrote in message news _ZMf.54785$7y1.27428[at]tornado.texas.rr.com...- quote - > Believe me, I have many complaints about Money. However, some people seem > to think it should do everything for everybody. You have got to limit the > features somewhere. |
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#11
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| "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in message news:%23ZVw1xGPGHA.2668[at]tk2msftngp13.phx.gbl... - quote - > Some developers try harder than others.
Believe me, I have many complaints about Money. However, some people seem> "Taylor" <123[at]456.com> wrote in message > news:3kQMf.52373$7y1.49061[at]tornado.texas.rr.com... > > No software is perfect. to think it should do everything for everybody. You have got to limit the features somewhere. |
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#10
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| Some developers try harder than others. "Taylor" <123[at]456.com> wrote in message news:3kQMf.52373$7y1.49061[at]tornado.texas.rr.com... - quote - > No software is perfect. |
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#9
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| "SeaKan" <mattandkaren[at]highstream.net> wrote in message news:1206p12dodp0jb5[at]corp.supernews.com... - quote - > would any of you ever consider switching to Quicken? Why/why not?
No software is perfect. |
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#8
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| Reinvested dividends change your basis no matter how you account for them in Money. "Marcia" <Marcia[at]discussions.microsoft.com> wrote in message news:532D9CE0-1BEC-43F9-B199-5D4286D4A9ED[at]microsoft.com... - quote - > I, however, DO NOT want to enter my reinvested transactions as two > separate > transactions (one a buy instead of a re-invest) because that changes my > "Initial Investment." > For example, I buy mutual funds in lots of $5,000 or $10,000 and I want to > keep those numbers as my basis - WHAT I INITIALLY INVESTED!!!!!! |
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#7
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| In microsoft.public.money, Cal Learner-- MVP wrote: - quote - > There is a loss over the period of $70.
Make that an unrealized *capital* loss. There was a net gaincounting the dividend. |
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#6
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| In microsoft.public.money, Marcia wrote: - quote - > The way that the investment report prints currently DOUBLES the amount of the
That is not hard to understand. Should be $10.> gain, or return for the period. I have money market accounts set up like > mutual funds and say it pays $10.00 in a dividend for the first quarter, > MONEY shows it as a total return of $20.00 for the period. > I wish it had been the $20, but no, it was only $10. > How hard is that to understand? Perhaps I misunderstood when you said this in http://groups.google.com/group/micro...4c889420736a76 : :The report shows a return of $1,102.50. NO, NO, NO. This is not the real :return (GAIN) but the income plus or minus the gain/loss for the value of the :stock. I thought you were saying that summing the dividend income plus the change in value was not the real return. There is a loss over the period of $70. Would you agree that 1172.5 in dividends + (-70) = $1102.50, and that was the net gain/return over the period? It seemed that you were saying something else. The Wild Blue Yonder example does not use Reinvest Dividends, so it is not this double-counting bug of ReinvestInterest or ReinvestDividend. - quote - > The number in that column should simply be the difference between the
Yes, it should be $10 that the ReinvestInterest/ReinvestDividend bug> "Beginning Balance" for the period and the "Ending Balance" you have chosen. > Somehow, Money is taking that number and then ADDS any dividend or interest > income (or reinvested LTG, STG's paid during the period. > I would suggest setting up an investment account with a money market with > say, $1,000 at $1.00 per share and for ease use a date of 10/01/05. Then, > add a transaction for a reinvested dividend of $10.00 for 12/31/05. > Now, look at the report and tell me what you see in the "Total Return for > Period" and see what I mean. It will show a Return of $20 - not $10!!! displays, rather than $20. - quote - > I highly suggest "Customizing" and click on "Show Calculation Delails."
I don't work for Microsoft, but I will try to pass the information.> If you do this for me and you are able to show your Programming Department > the error, you will win many KUDOS!!!!! - quote - > BTW, I used to set up computerized accounting systems when I worked. I am > now disabled with MS, but my mind is still there. I've worked on many > different Accounting Software systems. So, anyhow, it was important for me > to get quirks out of the systems. This one I just feel like I'm lost in the > abyss on getting this fixed. > "Cal Learner-- MVP" wrote: > > In microsoft.public.money, Marcia wrote: > > > > > > But now they have a few problems with 2006 and I feel like I am treated like > > > an idiot when it is the programmers, or the people in customer service who > > > don't know about investments and rates of returns, and returns for the period > > > and things like that. > > > Is it your contention that dividends are not part of "return"? > |
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#5
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| "Marcia" <Marcia[at]discussions.microsoft.com> wrote in message news:EAA406C7-D05E-4257-912F-D22B197BD0EA[at]microsoft.com... - quote - > If you do this for me and you are able to show your Programming Department
'... your programming department...'? WHOSE programming department. Nobody> the error, you will win many KUDOS!!!!! here works for Microsoft. Anybody responding to your posts is volunteering their efforts. Your attitude seems rather rude. -- Chris Cowles Gainesville, FL |
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#4
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| Elliott's posts below ARE CORRECT and he understands the problem. I, however, DO NOT want to enter my reinvested transactions as two separate transactions (one a buy instead of a re-invest) because that changes my "Initial Investment." For example, I buy mutual funds in lots of $5,000 or $10,000 and I want to keep those numbers as my basis - WHAT I INITIALLY INVESTED!!!!!! So, no, I do not want to do the double transaction entry way - especially when I have over 12 years of information in my file. Thanks. "Cal Learner-- MVP" wrote: - quote - > In microsoft.public.money, Marcia wrote: > > > But now they have a few problems with 2006 and I feel like I am treated like > > an idiot when it is the programmers, or the people in customer service who > > don't know about investments and rates of returns, and returns for the period > > and things like that. > Is it your contention that dividends are not part of "return"? |
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#3
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| The way that the investment report prints currently DOUBLES the amount of the gain, or return for the period. I have money market accounts set up like mutual funds and say it pays $10.00 in a dividend for the first quarter, MONEY shows it as a total return of $20.00 for the period. I wish it had been the $20, but no, it was only $10. How hard is that to understand? The number in that column should simply be the difference between the "Beginning Balance" for the period and the "Ending Balance" you have chosen. Somehow, Money is taking that number and then ADDS any dividend or interest income (or reinvested LTG, STG's paid during the period. I would suggest setting up an investment account with a money market with say, $1,000 at $1.00 per share and for ease use a date of 10/01/05. Then, add a transaction for a reinvested dividend of $10.00 for 12/31/05. Now, look at the report and tell me what you see in the "Total Return for Period" and see what I mean. It will show a Return of $20 - not $10!!! I highly suggest "Customizing" and click on "Show Calculation Delails." If you do this for me and you are able to show your Programming Department the error, you will win many KUDOS!!!!! BTW, I used to set up computerized accounting systems when I worked. I am now disabled with MS, but my mind is still there. I've worked on many different Accounting Software systems. So, anyhow, it was important for me to get quirks out of the systems. This one I just feel like I'm lost in the abyss on getting this fixed. "Cal Learner-- MVP" wrote: - quote - > In microsoft.public.money, Marcia wrote: > > > But now they have a few problems with 2006 and I feel like I am treated like > > an idiot when it is the programmers, or the people in customer service who > > don't know about investments and rates of returns, and returns for the period > > and things like that. > Is it your contention that dividends are not part of "return"? |
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#2
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| Sure I'd consider it. I'm just not sure there is anything really enough better there to even begin to justify the investment and the left-behind-data to convert. "SeaKan" <mattandkaren[at]highstream.net> wrote in message news:1206p12dodp0jb5[at]corp.supernews.com... - quote - > would any of you ever consider switching to Quicken? Why/why not? |
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#1
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| In microsoft.public.money, Marcia wrote: - quote - > But now they have a few problems with 2006 and I feel like I am treated like
Is it your contention that dividends are not part of "return"?> an idiot when it is the programmers, or the people in customer service who > don't know about investments and rates of returns, and returns for the period > and things like that. |
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| In a heartbeat - if it was easy. I have 12 years of info in my Money file (it came with my very first IBM personal computer back in the mid 90's). But now they have a few problems with 2006 and I feel like I am treated like an idiot when it is the programmers, or the people in customer service who don't know about investments and rates of returns, and returns for the period and things like that. So, if you have an easy way to convert - let me know!!!! So far, only investment information is easily converted - the rest you must export each account, payee, etc. to import into Quicken (if I read it correctly). "SeaKan" wrote: - quote - > would any of you ever consider switching to Quicken? Why/why not? |
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#-1
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| would any of you ever consider switching to Quicken? Why/why not? |
| Tags |
| quicken, switch |
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