WHY DON'T MY DIVIDENDS AFFECT MY CASH BALANCE

WHEN I ENTER MY DIVIDENDS THE AMOUNT DOES NOT CHANGE THE CASH BALANCE

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  • Frankx
    Frankx SuperUser ✭✭✭✭✭
    edited February 2020
    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.


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  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    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
    ANNUDELL Member
    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
    Frankx SuperUser ✭✭✭✭✭
    So these are downloaded transactions - is it happening in one brokerage/financial institution, or more than one?


                           Quicken H&B-Subscription Ver. 34.24 - Windows 10-Home Ver. 2004
                                             - - - - Quicken User since 1984 - - - 
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