In the expense section of the Budget buying, reinvesting Dividends or Cap gains not allowed (Q Mac)

LB3

In the Quicken for Mac Budget there are investment issues:

1. In the Income side Capital gains are not recognized.
2. In the Expense side buying, Reinvesting Dividends, Reinvesting Interest or reinvesting Capital Gains are not recognized.

Is there away to get around this issue?

Quicken Jasmine

Hello @LB3,

Thanks for reaching out.

Just to get a better understanding of what you are wanting, are the transactions within the investment account itself, or are funds being transferred to/from the investment account?

Let me know!

jacobs

The purchase of a security is not an expense; it's a transfer of one asset (such as cash) into another (a security holding).

Reinvested dividends, interest or capital gains are also not expenses. A reinvested dividend/interest/capital gain is actually two things: income earned, then a purchase of a security.

That said, you're correct that capital gains don't show up in the budget. Although Realized Gain/Loss, Short-Term Capital Gain and Long-Term Capital Gain are sub-categories of Investments, these sub-categories are absent from the budget category selection window. I don't know why, but my guess is that these are not stored values but are calculated on the fly, and they couldn't/didn't find a way to do that within the budget. It's a shortcoming in the budget, but there's no workaround that I know of for this.