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  #4  
Old 10-13-2008, 05:02 PM
Dick Watson
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Default Re: MS Money Plus Delux and Cash Account Interest

Correct. And it's been that way since Money first supported Investment
Accounts and Investments and this goes back well more than a decade.

IF the savings is invested in an Investment like, say, a Money Market mutual
fund, THEN this performance will show up in Portfolio Manager. But "just
cash" savings are not typically setup this way and, as you note, aren't
recognized as investment vehicles by Portfolio Manager, et al. If you really
want to, you can fake it out by creating a virtual money market fund
Investment and a virtual Investment Account to hold those Investments just to
do this. But this may cause havoc with downloaded transaction data and may
also not be worth the trouble.

In general, the performance of this kind of savings account is pretty easy
to figure out and is frequently quoted on bank statements.

"Ouroboros" wrote:

- quote -

> I'm really surprised MS Money works in the way it does - it means entire
> savings accounts, which are real investments don't get shown in Portfolio
> Manager otherwise.

  #3  
Old 10-13-2008, 04:04 AM
Ouroboros
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Default Re: MS Money Plus Delux and Cash Account Interest

Hello Dick,

Thanks - I'll do that when I report to get my Interest, if I leave Interest
defined in the standard way.

However the only way it seems to get to see interest in the Portfolio
Manager screens is to set Interest up as an 'other investment' and log it as
that new Investment type in the account register (transactions) as 'other
income'. Then when money is drawing its charts etc it picks it p as a valid
investment.

I'm really surprised MS Money works in the way it does - it means entire
savings accounts, which are real investments don't get shown in Portfolio
Manager otherwise.

"Dick Watson" wrote:

- quote -

> I don't think you are looking in the right place.
> I use category Investment Income : Interest for these cash account
> transactions. I report out that category when looking for tax information.
> Note that Investment Activities like Dividend Received have an underlying
> Income Category like Investment Income : Interest.
> "Ouroboros" <Ouroboros[at]discussions.microsoft.com> wrote in message
> news:92351A9D-AB07-4D23-8BE2-324897CFC545[at]microsoft.com...
> > I've setup MS Money to track a number of investments, which it does very
> > well. However, it doesn't seem to class account interest in my cash
> > accounts
> > as investemnets.
> > > Could anyone please advise how I get (or define the interest correctly in

> > the cash accounts) MS money to show interest in the portfolio manger of
> > other
> > investment reports.
> > > Likewise, in Share Investment accounts, I've been adding my interest in

> > the
> > associated cash accounts, but this does not seem to be actively tracked
> > (cash
> > is in portfolio mgr). Do you have to setup Interest like other investment
> > for
> > it to show up in the reports?

  #2  
Old 10-13-2008, 01:19 AM
Dick Watson
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Posts: n/a
Default Re: MS Money Plus Delux and Cash Account Interest

I don't think you are looking in the right place.

I use category Investment Income : Interest for these cash account
transactions. I report out that category when looking for tax information.

Note that Investment Activities like Dividend Received have an underlying
Income Category like Investment Income : Interest.

"Ouroboros" <Ouroboros[at]discussions.microsoft.com> wrote in message
news:92351A9D-AB07-4D23-8BE2-324897CFC545[at]microsoft.com...
- quote -

> I've setup MS Money to track a number of investments, which it does very
> well. However, it doesn't seem to class account interest in my cash
> accounts
> as investemnets.
> Could anyone please advise how I get (or define the interest correctly in
> the cash accounts) MS money to show interest in the portfolio manger of
> other
> investment reports.
> Likewise, in Share Investment accounts, I've been adding my interest in
> the
> associated cash accounts, but this does not seem to be actively tracked
> (cash
> is in portfolio mgr). Do you have to setup Interest like other investment
> for
> it to show up in the reports?


  #1  
Old 10-12-2008, 10:44 PM
Ouroboros
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Posts: n/a
Default Re: MS Money Plus Delux and Cash Account Interest


"Cal Learner-- MVP" wrote:
- quote -

> Could anyone please advise how I get (or define the interest correctly in
> the cash accounts) MS money to show interest in the portfolio manger of
> other investment reports.


> > If you want to attribute the distributions to a given investment,
> > enter the payment in the transactions register as Dividend,
> > OtherIncome, Interest, or whatever other type is available to that
> > type of investment.


> Likewise, in Share Investment accounts, I've been adding my interest in the
> associated cash accounts, but this does not seem to be actively tracked
> cash )is in portfolio mgr). Do you have to setup Interest like other
> investement for it to show up in the reports?


> > For stocks, interest is not one of the options in the Investment
> > Transactions register. Other choices are available. For mutual funds
> > and MMFs, it is one of the choices.


> > Now if you are downloading, depending of the broker, distributions
> > for an investment (especially interest/dividends form a MMF) can
> > come in as a cash deposit. You can either leave it that way for
> > simplicity, or you can delete/void that deposit, and enter the
> > transaction into the Investment Transactions register to better
> > track the reality. Your choice.


> > > Thanks. So I had the dividends tracked back to the cash account for each > > > stock and that works well. But when I chose not to reinvest the dividends at > > > that time I beleive this is then a seperate investment in itself, if the
> > > account was paying a good rate of interest (5% in this case)


> > > I see some brokers when you auto download your information, they setup
> > > 'Interest from account XXXXXX' as a 'other' investement so it is at least
> > > listed in the Transactions register as you say.


> > > It's worrying that MS Money does not track these Interest entries however > > > becuase in the UK we need to report them for tax purposes.It should also
> > > be able to work out what rate of return you are getting over time

 
Old 10-12-2008, 06:47 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: MS Money Plus Delux and Cash Account Interest

In microsoft.public.money, Ouroboros wrote:

- quote -

> Hi,
> I've setup MS Money to track a number of investments, which it does very
> well. However, it doesn't seem to class account interest in my cash accounts
> as investemnets.
> Could anyone please advise how I get (or define the interest correctly in
> the cash accounts) MS money to show interest in the portfolio manger of other
> investment reports.


If you want to attribute the distributions to a given investment,
enter the payment in the transactions register as Dividend,
OtherIncome, Interest, or whatever other type is available to that
type of investment.

If en
- quote -

> Likewise, in Share Investment accounts, I've been adding my interest in the
> associated cash accounts, but this does not seem to be actively tracked (cash
> is in portfolio mgr). Do you have to setup Interest like other investment for
> it to show up in the reports?


For stocks, interest is not one of the options in the Investment
Transactions register. Other choices are available. For mutual funds
and MMFs, it is one of the choices.

Now if you are downloading, depending of the broker, distributions
for an investment (especially interest/dividends form a MMF) can
come in as a cash deposit. You can either leave it that way for
simplicity, or you can delete/void that deposit, and enter the
transaction into the Investment Transactions register to better
track the reality. Your choice.

  #-1  
Old 10-12-2008, 05:19 PM
Ouroboros
Guest
 
Posts: n/a
Default MS Money Plus Delux and Cash Account Interest

Hi,

I've setup MS Money to track a number of investments, which it does very
well. However, it doesn't seem to class account interest in my cash accounts
as investemnets.

Could anyone please advise how I get (or define the interest correctly in
the cash accounts) MS money to show interest in the portfolio manger of other
investment reports.

Likewise, in Share Investment accounts, I've been adding my interest in the
associated cash accounts, but this does not seem to be actively tracked (cash
is in portfolio mgr). Do you have to setup Interest like other investment for
it to show up in the reports?
 

Tags
account, cash, delux, interest, money
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