Re: Foreign Tax & ADR's in Money 06

#2 01-05-2007, 12:32 AM

On Thu, 4 Jan 2007 11:50:00 -0800, beamone <beamone[at]discussions.microsoft.comwrote:

- quote -

> After a long discussion with Schwab, they looked at all these transactions &
> they are all reporting to Microsoft the same way. They said that Money is not
> picking these 2 types up for some reason. They reported the problem to
> Microsoft today & now they are searching their records for how many of their
> clients are having the problem. I directed them to look at the OFX
> specification as I dont know what I am looking for in it. If it turns out
> that Money is not picking them up, what can be done? Do they issue a patch or
> have to wait for 08 edition?
> Thanks

I hope your problem gets fixed.

I have a few "Foreign Taxes" that, because of the way Fidelity characterizes
them within OFX, do not get handled the way I would like by Money.
Specifically, they are not associated with the underlying security.

Fortunately, this occurs infrequently enough that manual editing is not an
issue.

--ron

#1 01-04-2007, 10:28 PM

"beamone" <beamone[at]discussions.microsoft.com> wrote in message
news:BB6E3B3F-C7D0-4286-95EF-718E0218A49E[at]microsoft.com...
- quote -

> If it turns out that Money is not picking them up, what can be done?
> Do they issue a patch or have to wait for 08 edition?

Patches are rarely more than once a year, a few months after the version
release. Even that doesn't always happen.

01-02-2007, 11:15 PM

On Tue, 2 Jan 2007 14:58:01 -0800, beamone <beamone[at]discussions.microsoft.comwrote:

- quote -

> Not sure what OFX specification is.

You mentioned that you wondered if the issue you were having was a "known
Microsoft problem".

I wondered why you were attributing the problem to Microsoft, so asked if the
TYPE of transaction you were concerned about was defined in the specification
that is used when financial institutions communicate with each other.

If it was not defined, then the problem is not a "Microsoft" problem, but
rather a limitation of the language that computers use to communicate with each
other.

- quote -

> It is another type of entry like "Brokers Fees" etc.

Again, if "Brokers Fees" is not defined in the communication protocol, it will
not be understood.

If you figure out exactly what your broker is sending, you can then look to see
how it is defined in the protocol that your broker is using (usually OFX, but
there are various versions). If the phrase is defined in the specification,
but not being interpreted properly by Microsoft Money, then it might be a
problem that Microsoft can fix.

On the other hand, if your broker is sending information that is not in accord
with the specification, then the problem lies with your broker.

You can find the specification by using Google to search for OFX Specification.
The latest version is 2.1.1, but I don't know which version Money is using.

--ron

#-1 01-02-2007, 07:25 PM

On Tue, 2 Jan 2007 10:14:01 -0800, beamone <beamone[at]discussions.microsoft.comwrote:

- quote -

> When I download all my transactions from Charles Schwab, Money does not
> recognize or download "TYPE" ADR Mgmt Fee or Foreign Tax paid from my
> International funds. Schwab says I will have to hand input these every month.
> There are a lot of transactions of this type every month. Does anyone know if
> there is a solution other than manually input all of these? Is this a known
> Microsoft issue?

Is that a listed type in the OFX specification? If not, it may be a problem
with the OFX specification, and not a "known Microsoft issue".
--ron

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