Dividend Not Included As Income

Hi,

I found an odd problem today. It seems that the dividends
are not shown as an income in the income and expenses
report. Instead, they are shown up as "transfers."

I think I understand why they show up as transfers. It is
because of the way Money logs dividend transactions. When
a dividend is received, in the investment account, you
typically have a transfer transaction that transferrs the
dividend to the cash account. Something like this:

Investment Account:
Dividend from MSFT Transfer to:Cash account 16.0
Cash account:
Transfer From: Investment account: 16.00
Memo: Dividends on MSFTA

However, this makes it impossible to track dividend
income. If I change the transfer to a normal transaction,
the balance in the cash account is screwed up.

Does anyone know how to correctly track dividend income?

Thanks,
Geoffrey

Dick
Sat Nov 08 18:03:12 CST 2003

Are you sure it isn't because the default income and expenses report doesn't
include the investment account so it's showing as a transfer from an asset
account not included in the report? Check customize.

"Geoffrey" <anonymous@discussions.microsoft.com> wrote in message
news:016c01c3a652$89dcbda0$a601280a@phx.gbl...
> Hi,
>
> I found an odd problem today. It seems that the dividends
> are not shown as an income in the income and expenses
> report. Instead, they are shown up as "transfers."
>
> I think I understand why they show up as transfers. It is
> because of the way Money logs dividend transactions. When
> a dividend is received, in the investment account, you
> typically have a transfer transaction that transferrs the
> dividend to the cash account. Something like this:
>
> Investment Account:
> Dividend from MSFT Transfer to:Cash account 16.0
> Cash account:
> Transfer From: Investment account: 16.00
> Memo: Dividends on MSFTA
>
> However, this makes it impossible to track dividend
> income. If I change the transfer to a normal transaction,
> the balance in the cash account is screwed up.
>
> Does anyone know how to correctly track dividend income?

Geoffrey
Sat Nov 08 21:00:45 CST 2003

You are absolutely right. I checked all the accounts and
now the dividends show up.
>-----Original Message-----
>Are you sure it isn't because the default income and
expenses report doesn't
>include the investment account so it's showing as a
transfer from an asset
>account not included in the report? Check customize.
>
>"Geoffrey" <anonymous@discussions.microsoft.com>