investment income not entered in budget in Quicken for Mac

megnmac

A budget is useless unless it includes all income. Investment income is not included, which may be fine if you don't live on it. Please add investment income to budgets.

mshiggins

Thanks for posting.

Charles Jacobowitz

Thanks for posting.

After I acquired a MacBook Pro earlier this year, I converted from Windows Quicken to MAC Quicken.  I had been using Quicken for at least 10 years and had no problems reflecting investment income in my budget.  I was more than surprised, when I discovered it was not supported in the MAC version.  I was told than many others have asked the "how could this be overlooked?"  I was told that it was going to be corrected soon; perhaps in September.  I installed the updates this week and was dismayed to see it was not corrected.  It would be nice to know if a correction for this oversight is imminent.

smayer97

This IDEA has been added to the List of Requests Related to Budgets and to the List of Requests Related to Investments.
You may want to go click on each underlined link to add your votes to more related ideas.

(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)

Iris Shedlock

Not quite sure why users have to vote on getting investments to be included on the budget feature since the budget is virtually useless if all income streams cannot be captured. This should have been part of the budget from day one. Very disappointed.

smayer97

Not quite sure why users have to vote on getting investments to be included on the budget feature since the budget is virtually useless if all income streams cannot be captured. This should have been part of the budget from day one. Very disappointed.

Agreed but at this point it is about helping prioritize feature requests with the limited resources available but the literally hundreds of idea requests.

Not saying I like it, just stating facts.

(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)

Steve Lewis

I have the same problem... this has been an outstanding issue for a looooong time... for retired folks it makes actual budgeting very hard (actually not possible).  

PLEASE PUT THIS IN THE NEXT RELEASE

Steve Lewis

Is there actually a way to vote here?

Steve Lewis

I chatted with customer support and they said go vote  I'm guessing that there is some inherent problem with the product so they never address this... it seems strange to ignore your customers for such a long time.

Quicken Sarah

Steve Lewis said:

Is there actually a way to vote here?

Hello Steve Lewis,

I apologize for any inconvenience.  We've recently moved to this new Community platform and not all of the conversation data migrated with the correct categories or status's.

I've moved this post to the Product Ideas for Mac category and enabled the vote option.  You should now see a blue box in the first post with an arrow to click on to add your vote.

I appreciate your bringing this post to our attention and again apologize for any inconvenience.

Thank you,

Sarah

Steve Lewis

Please add Investment Dividends to Budgets to allow them to be included as Income. This is an absolute requirement for people who live off Investment income which is most retired people.

FYI: This has been asked about a few times...

Steve Lewis

I have started to use [removed] as a work around of this issue... would like to continue to use Quicken ...could you please help us out here

Quicken_Tyka

Hello Steve and all,

Transactions in the brokerage with the type "Dividend Income" will display in the budget.

The category will need to be selected under the Budget > Edit Budget > Select Categories.



Transactions that are a Payment/Deposit that have a category can also be displayed in the budget.

Hope this helps!

-Quicken Tyka

(edited to remove inaccurate date)

Steve Lewis

Hi Tyka,

I just tried this and do not see any Investment Category in Budget Categories.

I just checked and my version seems to be up to date:

Quicken Deluxe 2019
Version 5.11.2 (Build 511.25679.100)

Please advise.

Steve

Quicken_Tyka

Hello Steve,

Sorry, you are unable to find it.

I am currently running 5.12.0 and have this option.

I rolled back to the release that you are running and the option to include Investment categories is indeed missing. (edited to remove inaccuracy) 

5.12.0 is currently in a staged release, meaning the update is sent out and then paused to review feedback on the update.

https://community.quicken.com/discussion/7858577/quicken-for-mac-v5-12-released/p1

There currently isn't an ETA when the update will be released to all, but Quicken Care can provide the 5.12 update if requested.

https://www.quicken.com/support#contact-support

Thank you for reaching out to let me know that this option was missing.

-Quicken Tyka

jacobs

@Quicken_Tyka I'm puzzled by your screen shot and note about a change made in April. First, there was nothing released in April which changed budget categories, according the the release notes; the 5.11.1 release contained only two small fixes unrelated to budgets. Perhaps more important than what the release notes say, I just created a blank new file in version 5.11.2. I created a new budget and went to edit categories. Repeating what you show above, typing "divid", this is what I get for available categories:


Without typing anything in search, if I scroll down to where "Investments" would appear in the list, there is no Investments category, as you can see here:



Now this is where things get interesting: Although I don't see this noted in the release notes, I believe this is something that is changed in the new 5.12 version. (@Steve Lewis  this new version is currently in staged release, and you should be able to download it sometime this week unless there are reports of problems which the developers decide to pause and fix).

I repeated the same thing with a new, blank test file in version 5.12, and look at the list of categories, specifically what now shows up between "Home" and "Kids" in the list of available categories:



@Quicken_Tyka Can you double-check what version of Quicken you were using? And possibly confirm that this change was made, as it appears, in version 5.12. (And if so, perhaps ask @Quicken Marcus to add this to the release notes, which currently don't mention it?)

Quicken_Tyka

Hello Jacobs,

I also tested this in a brand new file to see what category options I received when creating a budget.

I am currently running the new release



These are the budget categories I see on this version.



(the edited inaccurate info)

Hope this helps!

-Quicken Tyka

jacobs

@Quicken_Tyka Okay, what you show for version 5.12 is the same as what I posted above for 5.12. The point is that @Steve Lewis is running 5.11.2, and as I show above, those categories are not available in 5.11.2.

As for the April note, I think that just reflects the date that someone at Quicken added that note to the post here on the forum. And it apparently hadn't actually happened at that time, despite what the note says. That note should probably be changed to reflect that it was changed as of the 5.12 release in August. And, as I mentioned, this change is not included int he 5.12 release notes, and probably should be.

smayer97

BTW, a full version of 5.12 can be downloaded from macupdate.com.

smayer97

(so much for accuracy overall...)

jacobs

@smayer97 Since the product manager has said they've identified a bug they are going to fix at the beginning of the week, I'd suggest users who haven't yet updated to 5.12 wait until Quicken makes it available again, rather than downloading from a third-party site and needing to update again in a day or two.

As for accuracy, I'd just say the lesson reaffirmed here is that one can't treat the release notes, nor notes on this website, as being 100% precise and complete; using the actual program is the only way to verify what the program does and doesn't do.

smayer97

Agreed. Note however, that downloading ANY version is always caveat emptor. But also, as acknowledged by Marcus, only a very small number would be affected by the bug found.

But overall, sadly this is nothing new.

Steve Lewis

Downloaded the new version 5.12 and testing out ... great to see the dividends finally in budgeting.

BUG: There is a bug with Income / Personal Income / Rental Income ... Rental income is added to the Personal Income total even when it is not selected as a category and and not displayed in budget. I tried shutting the app down and restarted and it is still displayed.

jacobs

Steve, I don’t know how you have your categories set up, but if you select a parent category, the budget will include sub-categories even if they aren’t selected. This isn’t a bug; it’s the way it’s intended to work. You may need to change some of your categories to not be sub-categories to get your budget to work the way you’d like it to.

Steve Lewis

That was the problem... thanks for pointing that out :) ... one GUI change they could make is if the top category is set it forces the others on (and disables the ability to turn off subs) ... the issue is that you can click the sub categories off and the assumption is that they should be off.

jacobs

I agree this is a UI design error. @Quicken Marcus if you read this thread (and specifically the three posts above this), this issue has tripped up a number of users because it is not intuitive.