Fidelity FDRXX should not be reinvested dividend income
FDRXX is a core position option that is treated as cash; however, downloaded transactions come down as "reinvested dividend income" to buy FDRXX. Since these transactions are not classified correctly, the cash balance at Fidelity does not reflect the cash balance in the quicken account. And, i must manually change these transactions to "dividend income" in quicken.
Comments
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@Quicken Kristina @Quicken Anja please add the above to the list of issues you folks are working on with Fidelity.
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Hello @Brad L Vandermoon,
Thank you for letting us know you're seeing this issue. For assistance with this issue, please reach out to Quicken Support directly as they have access to tools we can't access on the Community and they're able to escalate the issue as needed. The Quicken Support phone number can be found through this link here. Phone support is available from 5:00 am PT to 5:00 pm PT, Monday through Friday. Note - Support will be closed tomorrow, 19 Jan 26, in observance of Martin Luther King Jr. Day.
I apologize that I could not be of more assistance!
Quicken Kristina
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