Problem after R65.17 (Nov '25) release when showing dividends direct invested in a MMF

chetjunior · November 27

Before the R65.17 update, I would enter a INC-INCOME(DIV, INT,ETC) transaction on for a stovk dividend just received. Quicken would create a DivX action on the stock's register and also a BoughtX action on the Money Market account's register. The money market's register automatically bought shares and kept an ongoing share balance, and there was no cash entries on the money market fund's screen. Since the R65.17 update, posting a stock dividend still creates a DivX action on the stck's register, but now a XIn action is created on the money market fund's register. Cash balances are shown, but new MMF shares are not automatically shown. I have to now enter a BUY transaction for that cash amount to show the shares "bought". This is additional work. How do I change Quicken back to its pre-R65.17 handling of entering stock dividends being invested into a MMF?

NotACPA · November 27

In Q, is the MMF recorded in the same Q investment account as the stock?

OR, is that MMF actually a "Linked Checking Account"?

I don't quite understanding why transfer actions (the X part of the action) are needed.

chetjunior · November 27

My stocks and money market funds are entered as individual accounts. So when a stock earns dividends, they aren't reinvested in that stock but are deposited in a money market fund. I've been entering the dividends as INC-INCOME (which creates the Quicken action DivX) because I selected a money market fund as the "transfer to account". Before R65.17, Quicken generated a BoughtX action for the money market fund, and bought a number of shares equal to the dividend amount (since the shares are $1/share). Now after R65.17, Quicken handles the stock entries the same, but the money market side is different. Instead of the ACTION= BoughtX and entering a number of shares on the money market end, the ACTION = XIn and a cash entry is made equal to the dividend amount (instead of a dividend entry). This means I must now use the cash entries Quicken created and make a BUY transaction for the money market account using the cash entry amount. This additional step was not required before R65.17. Can I change Quicken so that it works the way it did before R65.17?

NotACPA · November 27

Didn't answer a single question that I asked.

chetjunior · November 27

The answer to your questions are "no" to each. Maybe this will help. My Apple stock pays $50 dividend. So on the Apple stock register I create an INC-INCOME entry of $50 to tranfer account of Schwab-MM fund. Quicken used to (before R65.17) simultaneously create a $50 purchase of 50 one-dollar shares in the Schwab MM fund (shown as a BoughtX action). Now after R65.17, doing these same steps for the Apple stock register, Quicken just posts a $50 cash transfer (XIn) to the Schwab-MM fund register. Then I have to add a "BUY" of $50 shares to the Schwab-MM fund. So the Apple dividend I manually entered for the Apple stock used to show up automatically as shares in the Schwab-MM fund. Trouble is, all cash going into my MMF is invested in its shares. It's not a case where there's MMF shares and non-invested cash sitting around in that fund. And thanks for trying to help me.

chetjunior · November 27

Problem solved. I changed the Schwab MMF in question from a brokerage account to a single mutual fund account (after removing the weird cash transfers), and voila, it now makes a dividend transfer entry like before R65.17. It forces Quicken to purchase MMF shares with the incoming dividend instead of just posting it as unused cash.

Problem after R65.17 (Nov '25) release when showing dividends direct invested in a MMF

Answers

Categories