_IntInc
in [Quicken]
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From: Bruce. on 12 Feb 2010 08:58 "Oilcan" <oilcan(a)nospam.net> wrote in message news:90B682FE7AE04C84A3A2429C8B5A2483(a)AnthonyPC... >I have been using _IntInc and the corresponding DivInc category for 15 > years without any problem. I didn't like having two categories. > > Oilcan Thanks Oilcan. Bruce.
From: TomYoung on 12 Feb 2010 12:12 On Feb 11, 7:39 pm, "Oilcan" <oil...(a)nospam.net> wrote: > I have been using _IntInc and the corresponding DivInc category for 15 > years without any problem. I didn't like having two categories. > The only problem with using the underscore categories is that you can't attach sub-categories to them, or at least I can't in QD2007. The use of sub-categories adds a useful functionality to Quicken and I would be loath to abandon them. Tom Young
From: Zaidy036 on 12 Feb 2010 16:12 On 2/11/2010 11:14 AM, Bruce. wrote: > "TomYoung"<sombodee(a)gmail.com> wrote in message > news:066c32f2-7919-4d6c-9c6a-d5e9b01cfcfa(a)m35g2000prh.googlegroups.com... > On Feb 10, 6:23 pm, "Bruce."<no...(a)example.net> wrote: >> At a guess, the underscore categories are hidden because they are >> associated with Investing Accounts (Investment Accounts and Retirement >> Accounts) and are used by Quicken internally to categorize >> transactions based on the Action you choose. >> >> So, *in an Investing Account*, if the Action is "Div" (you could >> either enter this transaction right in the register itself by >> selecting "Div" in the Action column of the register or by clicking on >> the "Enter Transaction" button at the top of the register, selecting >> "Inc - Income (Div, Int, etc.)" from the drop-down menu and then >> entering a dollar amount in the "Dividend" box) Quicken will >> automatically use the "_DivInc" category and associate that income >> with the security you've entered. >> >> CD's and Savings Accounts, on the other hand, are typically set up as >> Cash Flow Accounts (Spending Accounts and Savings Accounts) and can't >> be automatically categorized by Quicken because there's no associated >> "Action" that Quicken can use to select a category. In these accounts >> *you* provide the category. If you want to use the underscored >> categories here un-hide them and they'll show up in the menu of >> available categories. Most people, I'm guessing, prefer to use a >> category like "Interest Income" or "Int Inc" with suitable >> subcategories like "B of A CD" or "Schwab Savings." (In fact, if I'm >> not mistaken, the category "Interest Inc" comes pre-installed with >> Quicken and is associated with "Schedule B: Interest Income." At >> least it does in my version of Quicken, Quicken Deluxe 2007.) > > Thanks Tom for sheding some light on how Quicken uses the "hidden" invesment > catagories. Yes, I just discovered that Quicken does come with a Interest > Catagory that you can add it using Add Catagory and selecting the Interest > one. > > I think I'll stay away from using _IntInt as it still worries me why Quicken > would hide them for unknown reasons. So I'll let it use _IntInc in > investment accounts and I'll use the newly added Interest catagory in other > account types. > > Thanks! > Bruce. Look at Reports - Investment Income - Sub-Total by Security It uses the "underline" categories and is a good check against 1099's at tax time. Eric
From: Oilcan on 13 Feb 2010 03:12 Perhaps. But the way I record transactions it states who the payee is, plus I can tell by the account so I don't have a use of subcategories on this category. Oilcan -----Original Message----- From: TomYoung [mailto:sombodee(a)gmail.com] Posted At: Friday, February 12, 2010 9:13 AM Posted To: alt.comp.software.financial.quicken Conversation: _IntInc Subject: Re: _IntInc On Feb 11, 7:39�pm, "Oilcan" <oil...(a)nospam.net> wrote: > I have been using _IntInc and the corresponding DivInc category for 15 > years without any problem. �I didn't like having two categories. > The only problem with using the underscore categories is that you can't attach sub-categories to them, or at least I can't in QD2007. The use of sub-categories adds a useful functionality to Quicken and I would be loath to abandon them. Tom Young
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