This reply was created from a merged topic originally titled Budget Transfers and Credit Card Payments?.I know this has been discussed on here before, but I want to raise it again to let Quicken know how much of a NECESSITY this "feature" is. In Quicken for Mac, transfers do not show up in budgets. This means savings transfers, credit card payments, etc., cannot be budgeted for -- yet these make up probably half of my actual budget.I get there's a workaround (show the transfer column, use a non-transfer category, etc.), but that's clunky and shouldn't at all be necessary.Can someone from Quicken please let us know whether this is something that's being worked on, and what the ETA is?
You can also VOTE for the related feature to Include or Exclude Accounts on Budgets, here: https://getsatisfaction.com/quickencommunity/topics/add-ability-to-include-or-exclude-accounts-on-bu...Be sure to click on the link above to go there, then click VOTE at the top of THAT page to increase the count and therefore its visibility to the developers.If you do not click VOTE at the top of each one, your vote will NOT be counted!(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)
This may be the most voted for thread and yet no action from the developers. I want to include withdrawals from my brokerage account as income in my annual budgeting, but QM nulls out the withdrawal because it is transferred INTO another of my accounts. This just seems like such a basic need in a program that claims to do budgeting. Before finding this thread, I just spent a couple of hours looking for a work around that makes sense to me. I've seen suggested work arounds but the cost/benefit of doing the work-- and possibly having to undo all the work if this ever gets fixed-- doesn't seem worth it to me.
This reply was created from a merged topic originally titled Feature Request: Budget tracking of transfers to savings accounts.*** I ORIGINALLY POSTED THIS 4 YEARS AGO. EDITED AND REPOSTED. ****** DESIRED CAPABILITY STILL NEEDED! ***Bottom Line: Even Quicken 2012 (Windows) has advanced budgeting features that allow "transfers out" to be tracked in your budget. This simple feature is essential and must be added to Quicken for Mac. It's been a long time request from multiple users!Explanation: The correct way to account for a savings transfer - as many users already know - is to categorize these fund transactions as transfers in both accounts (out of checking, into savings). This way, the "Net" income/expense is properly accounted for. A work around would be to categorize the transfer as an expense so it shows up in my monthly budget, but then my "Net" summary for all my accounts would be improperly summarized. To keep the "Net" summary accurate while still allowing the user to account for the savings transfers in a monthly budget, Quicken 2012 allowed the user more customizable options; i.e., the "transfer out" feature under advanced budgeting.Implementation: This feature could be implemented in Quicken for Mac in a similar fashion or it could be added in a new and unique way (e.g. a check box under the savings account's settings that would allow transfers to be counted in the budget). I really have no UI preference, I simply want to be able to include my transfers to my savings accounts in my monthly budget. Why? It's the way I think most of us mentally attack our budgets - I know how much I make in a month and I want to compare that against how much I'm spending & transferring out (not just spending). I encourage all users to keep voting and requesting this necessary Budget feature for Quicken for Mac. Suggesting post on this request worth following:https://getsatisfaction.com/quickencommunity/topics/add-ability-to-include-or-exclude-transfers-on-b...
This feature, when implemented, must be flexible enough to enable/disable transfer from the budget on an account-by-account basis. (Since being able to select accounts for budgets is a feature request Quicken has not yet implemented, I suspect it's why including/'excluding transfers has also not yet been implemented.) Here's why: a transfer to pay your credit card bill should NOT be included int he budget, because you already have all the individual expense transactions in your credit account reflected in the budget. But a transfer to pay down a loan SHOULD be included i your budget, since it's money coming out of your cash flow every month. And you might want the option to include transfers to a retirement or non-retirement savings account in your budget, too, if you set a plan for savings and want to make sure you stick to it. So making ALL transfers show up in the budget won't work; it has to be implemented so it can be done on an account-by-account basis.