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Old 01-03-2004, 02:37 PM
Dick Watson
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Default Re: Money does not let downloaded dividend payments be assigned to cash portion of Investment account

Well, I don't know what's happening for you or why, and I don't screw around
with downloaded transaction data for reasons made obvious by numerous posts
each day, and I don't use the Business version, but your description makes
me wonder if you are doing this correctly. The dividend should be entered in
the investment portion of the account, against the investment, as activity
Dividend, with the Transfer field set to [name of cash account].

"Admin" <Net*man[at]yahoo.com> wrote in message
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- quote -

> I am using Money 2004 Small Business. I download transactions from
> Ameritrade for my Investment account that has stocks and some cash
> accumulated mainly from dividend payments.
> This version of Money does not let me assign the dividend payment
> dollars to the cash portion of the account, it insists on using the
> dividend dollars to buy the stock of dividend payer, for example GM
> paid $100 as dividend, it is downloaded as such but I cannot
> assign/accept these dollars as cash, Money forces me to buy GM stock
> with it.
> Anu advice how to tame Money to make it accept dividend dollars as
> cash into the account?



  #-1  
Old 01-03-2004, 01:53 PM
Admin
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Default Money does not let downloaded dividend payments be assigned to cash portion of Investment account

I am using Money 2004 Small Business. I download transactions from
Ameritrade for my Investment account that has stocks and some cash
accumulated mainly from dividend payments.

This version of Money does not let me assign the dividend payment
dollars to the cash portion of the account, it insists on using the
dividend dollars to buy the stock of dividend payer, for example GM
paid $100 as dividend, it is downloaded as such but I cannot
assign/accept these dollars as cash, Money forces me to buy GM stock
with it.

Anu advice how to tame Money to make it accept dividend dollars as
cash into the account?

Thanks

Matt

 

Tags
account, assigned, cash, dividend, downloaded, investment, money, payments, portion
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