Include calculations for Returns & % Returns on Savings Accounts shown with Portfolio Investments

Scrappydoo
Scrappydoo Member ✭✭
edited June 2021 in Investments (Windows)
Currently savings accounts incorrectly show zero for Returns, % Annual Returns & Income and do not reflect _IntInc (interest income) when accounts are displayed alongside investments in investment--> Portfolio reviews. Add calculations to correctly reflect interest income Return, % Annual Returns for these accounts in the Investment Portfolio Display when one groups these accounts into the Display. One should not have to always run a report to see this basic return & interest income information quickly.
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  • q_lurker
    q_lurker SuperUser ✭✭✭✭✭
    The issue is a touch broader than cash accounts set to display with investment accounts.  It turns out that any 'income' transaction not associated with a specific security is not reported as a 'Return' for the account.  The 'Cash' line in a portfolio view for any account type never shows any return figures (such as 'Return' or 'Amount invested'), so that the 'return' from the cash is not included as 'return' for the account.  

    So to be thorough, the changes would need to be applied for both 'cash' accounts and brokerage accounts.  Changes would need to encompass not just 'interest' payments received but the whole variety of 'income' that might likely be construed as coming from investment cash.  As I see it, that would include the following since you never know what the next user might try to do.

    Hidden Categories
    • _DivInc
    • _DivIncTaxFree
    • _IntInc
    • _IntIncTaxFree
    • _QualDivInc
    • _Accrued Int
    • _Accrued Int TaxFree
    Non-Hidden Categories (standard)
    • Interest Inc
    • Other Inc
    • any other user-created income category (?)
    Now that you have a 'return' value, the immediate followup is to want ROI% and similar.  That to is beyond the current inclusions - cash has no 'Amount Invested'.  How would the management of that 'Amount Invested' value parallel Amount Invested for regular securities?  It needs thought.

    Another consideration would be Linked cash accounts.  Those are sort of the reverse in that they represent cash truly in an investment account but treated as in a cash (spending account.  Does that income get treated as investment income?

    So if Quicken does choose to go in this direction, I hope they do so in a top-down manner that is as fully inclusive as possible

    As they say -- The devil is in the details.



  • jaguaroh
    jaguaroh Member ✭✭
    Since % returns are a major part of knowing if your investment strategy is good or bad, I'd think Quicken should put some priority here.

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