Income & Expense Report

Question

Why is it that when a cash transfer is made from a bank account to a brokerage account Quicken displays this transaction as an expense in the I&E Report? It is really only a transfer of assets from one asset account to another. The same will happen in reverse, a transfer from a brokerage cash account to a bank account is displayed as income in the income and expense report.

Jim_Harman · Answer

Leaving the investing accounts out of the report and setting the transfers to Exclude all will work unless you sometimes pay bills, make gifts, etc directly from investing accounts.

Also sometimes it is useful to think of distributions from retirement accounts or regular transfers from  taxable accounts as income to cover living expenses. It all depends on what you want to get out of the report.

BLD · Answer

Thanks. I set it to "Exclude all". Now transfers to/from bank accounts/investment accounts do not show up as expense/income in the report which is the way it should be (IMHO).
 Thanks again.

Jim_Harman · Answer

Open the report then click on the gear at the top right to display the customization options. Click on the Advanced tab to see the Transfer options.