Partnership Distributions

bighorn77
bighorn77 Member ✭✭
edited 4:20PM in Investing (Windows)

Partnership Distributions are now recorded as two transactions MiscInc and XOut when the Distution is transferred to an existing account, e.g. Checking, in Quicken. Previously a Partnership Distribution was recorded as one transaction as MiscIncX. Why the change or is this a new issue?

Quicken Premier Version R64.35 - Build 27.1.64.35

Tagged:

Comments

  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod
    edited November 2025

    Hello @bighorn77,

    Thank you for taking the time to visit the Community to report this issue, though we apologize that you are experiencing this.

    I was able to replicate this issue and forwarded it to the proper channels to be further investigated. In the meantime, if you haven't already done so, we request that you please navigate to Help > Report a problem and submit a problem report with log files attached in order to contribute to the investigation.

    Report a Problem QWin.png

    While you will not receive a response through this submission, these reports will help our teams in further investigating the issue. The more problem reports we receive, the better.

    We apologize for any inconvenience!

    Thank you.    

    (CTP-15126)

    Quicken Kristina

    Make sure to sign up for the email digest to see a round up of your top posts.

  • seadan
    seadan Quicken Windows Subscription Member ✭✭✭
    edited October 2025

    Experiencing the same issue here. Why was this changed without any notice or option to select the behavior?

    Even the documentation says it should be a single MiscIncX transaction:

    Investment Partnerships in Quicken

  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod

    Hello @seadan,

    Thank you for letting us know you're also impacted by this. The issue has already been reported to our teams.

    Thank you!

    Quicken Kristina

    Make sure to sign up for the email digest to see a round up of your top posts.

  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod

    Hello @bighorn77 & @seadan,

    I received word from our team that this is not a bug. They said that it is intentionally structured in this manner because the funds are being withdrawn from the account. If the funds were retained within the partnership, there would only be a single transaction.

    I hope this helps!

    Quicken Kristina

    Make sure to sign up for the email digest to see a round up of your top posts.

  • seadan
    seadan Quicken Windows Subscription Member ✭✭✭

    Thanks for the follow-up @Quicken Kristina . But I still prefer the old behavior better. I'm not sure what you're saying makes sense, though. The problem is that instead of a MiscIncX transaction, it is showing up as two transactions, with the transfer being separate. One of the biggest downsides here is that in the destination transfer account, you can no longer see which partnership the distribution came from, as it doesn't have the name in the transaction.

    If the funds were retained in the partnership, it seems like it would be a completely different type of transaction? As is, a MiscInc without a separate transfer doesn't retain funds in the partnership. But the whole point of a distribution is that funds are distributed from the partnership to the owners.

    Can you setup a call with the team so we can discuss further and make sure they understand the issue?

  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭

    This is sounding very similar to a recent revision to IRA accounts where a SoldX no longer works; Sold and WithdrwX transactions are required instead. Hmmmm.

Categories