Drawdown from Capital to reflect in the Budget

MyronD
MyronD Quicken Windows Subscription Member ✭✭
edited May 2022 in Budgeting and Planning Tools (Windows)
On maturity of a CD I want to drawdown from the Capital and show this amount in the Budget so that I can show a balanced budget.
I do a transaction in the investment register to show the transfer out of capital and interest into a bank account. I have created a Budget category for Capital that is drawn down, but how do I use this Capital Drawdown category that I have created.

Best Answer

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    In your budget, click on Manage Budget Categories at the top right. Select Transfers In and then select From [your investment account]. This will treat transfers from that account as income for budgeting purposes.
    QWin Premier subscription

Answers

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    In your budget, click on Manage Budget Categories at the top right. Select Transfers In and then select From [your investment account]. This will treat transfers from that account as income for budgeting purposes.
    QWin Premier subscription
  • MyronD
    MyronD Quicken Windows Subscription Member ✭✭
    Thank you
This discussion has been closed.

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