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Quicken Classic for Windows
Investing (Windows)
WHY DON'T MY DIVIDENDS AFFECT MY CASH BALANCE
ANNUDELL
WHEN I ENTER MY DIVIDENDS THE AMOUNT DOES NOT CHANGE THE CASH BALANCE
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Accepted answers
Jim_Harman
Another possibility is that the dividends are being sent to a money market "sweep" fund and tracked there.
All comments
Frankx
Hi
@AVVUDELL
,
A couple of questions:
Are you entering the dividends manually or are they downloaded from your financial institution? Are you reinvesting your dividends?
Let me know and we'll see if we can figure out what's going on.
Sherlock
If the dividend is entered with a
DivX
action transaction, the cash has been transferred to another register. This is normal behavior for investment accounts setup to be a
single mutual fund account
or investment accounts setup to
show cash in a checking account
.
ANNUDELL
Does not seem to make any difference, Does the same thing whether an IRA account when I am reinvesting dividends or a regular account when I want the dividends to be added to my cash balance in the brokerage account
Frankx
So these are downloaded transactions - is it happening in one brokerage/financial institution, or more than one?
Jim_Harman
Another possibility is that the dividends are being sent to a money market "sweep" fund and tracked there.
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