Account transaction and Online balance
Hopefully I explain this correctly. I have linked my TRowe Price account to Quicken. I also have my contributions deducted from my pay and directly deposited into TROWE. The problem is that I am accounting for this deposit in Quicken from my pay and it shows as a transfer the the TROWE account in quicken. In other words, I have categories for my pay that breaks down all the deductions, i.e, federal taxes, state taxes, medicare, etc. The contribution towards TROWE also is a deduction, but shows as a transfer to the TROWE account. So for example, if my online balance is 1,000 and I show the contribution from my paycheck into the TROWE account, the balance in the that account is reduced by the amount I transferred from my pay. It shows it as a CASH transaction (negative amount), because the online account is already accounting for the contribution. I hope that makes sense. IOW, if I did not track the details of my pay in Quicken and just entered the Net pay, this would not be a problem. How does one account for this and still have the ability to show the breakdown of ones pay? Thanks! John
