Dividend reinvestment

cdalmeida

Hi. I use Quicken Deluxe for Mac (7.3.2).
The software downloads my investment transactions directly from Schwab. I have many of my stock holdings set up in Schwab for dividend reinvestment. I have realized that some reinvestment transactions will appear as a “Reinvest Dividends” type transaction while some other reinvestment transactions will appear as a “Dividend ” type transaction and another “Buy” type transaction. I know that from a transactional point of view the final result is the same in Quicken but was wandering why these identical transactions are handled differently by Quicken. Thank you.

NotACPA

They're handled differently by Q because they're CREATED differently by Schwab.

The Div and Buy combination usually occurs when there are multiple Income transactions for the same fund, Say a Div and a Cap Gain, and then a single Buy to cover the cash from the 2