"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:914E5CE7-7C35-4C1C-A93B-82D297905198[at]microsoft.com...
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"Art McClinton" <art.mcclinton[at]cox.net> wrote in message
news:hkXzk.8988$wr1.6591[at]newsfe02.iad...

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I do the same, ignoring FDRXX transactions, except for the dividends.
It's just cash, as far as my accounting is concerned.

My comment about it being a holding was to be technically precise.
--
Chris Cowles
Gainesville, FL

"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:40034E8B-10A4-4A4E-9AFD-65E90B169DF8[at]microsoft.com...
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Chris is correct in that FDRXX is a mutual fund. However, as John points
out, Fidelity downloads to no give the value for howmuch is held in FDRXX or
what ever mutual fund that you use for your core account. Thus I have found
that the easiest way to treat it is Cash in the cash account. On a monthly
basis when I get a dividend/interest from the fund I simply enter it as a
dividend (not a dividend reinvestment). This move the dividend into the
cash account. The only thing I have to do is respond to the Money complaint
that I am entering a dividend for a fund I do not own. I add the name of the
fund used for the core cash to the information records associated with the
account.

I have also tried for a year or so to track it using its name and having it
as a fund, only problem was when I sold or bought a mutual fund I had to
manually add an additional transaction to move the money to the cash account
so I could access it. This is same as you found out.

"John" <falsedawn2[at]hotmail.com> wrote in message
news:eqrlc4pn00gejmrivqbkkemvjdiveppc41[at]4ax.com...
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FDRXX is not an account, it's a holding in an account.
--
Chris Cowles
Gainesville, FL

John wrote:
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Call Fidelity.

I'm willing to bet that your problem lies with Fidelity ... not
with Money.

--

John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup

You aren't going to like this answer.

Don't depend on downloaded data. Then you can do it your way rather than the
way Money feels compelled to do it with the Data setup the way Fidelity send
it to them.

I warned you that you wouldn't like my answer. Maybe someone will have a
better one.

"John" <falsedawn2[at]hotmail.com> wrote in message
news:eqrlc4pn00gejmrivqbkkemvjdiveppc41[at]4ax.com...
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In microsoft.public.money, John wrote:

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I recommend you don't do so, to keep it simple.

But if you *really* want to do this, enter Buys and Sells of FDRXX
to keep your contributions account = $0 when you have no unsettled
transactions.

Whether a broker sends the Buy and Sell transactions for the sweep
MMF varies with the broker. With Fidelity, who is sending the FDRXX
Dividend transactions to you, the only really odd thing if you let
the Contributions account reflect your sweep holdings is that the
FDRXX will appear to have outlandishly high performance.

I've had several generations of Money including 99, 2004, 2006 and now
Money Plus Deluxe. I've had a problem for years with Money wanting to
call the cash component of my Fidelity account "Contributions ($)"
when in fact it is FDRXX Fidelity Cash Reserves. I've tried and been
unable to rename or merge them. The result is I have both listed in my
Fidelity account, with Money using "Contributions ($)" and me having
to manually move this cash to or from FDRXX.

How do I solve this?