Home Page link  

Q08 Update this AM?

 

Quicken Personal Finance Discussions - Quicken - personal finance software discussions 

get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Q08 Update this AM? Hank Arnold (MVP) 01-03-2008
Posted by Hank Arnold (MVP) on January 3, 2008, 4:53 am
Please log in for more thread options
Any ideas as to what changed? I got an update when I started Q08 this
AM. The program is still Release 5.
--

Regards,
Hank Arnold
Microsoft MVP
Windows Server - Directory Services

Posted by David A. Lessnau on January 3, 2008, 7:54 am
Please log in for more thread options
No update here. In the past, I believe these "phantom" updates were just
updating things like the online payees.

Dave

> Any ideas as to what changed? I got an update when I started Q08 this AM.
> The program is still Release 5.
> --
>
> Regards,
> Hank Arnold
> Microsoft MVP
> Windows Server - Directory Services


Posted by Rick Blaine on January 3, 2008, 9:36 am
Please log in for more thread options

>No update here. In the past, I believe these "phantom" updates were just
>updating things like the online payees.

Intuit pushed out the help fix this way as well...

Posted by skidmarks on January 3, 2008, 8:40 am
Please log in for more thread options

This question has been bothering me for some time. Quicken folds in
dividends as part of the cost of mutual funds and stocks. This doesn't seem
to be a good decision for motivating buys/sells or for tax considerations in
shielded accounts. As an example:

Gain
Day Transaction Price Amount Value Quicken Other
1 Buy $1.00 $1.00 $1.00 0% 0%
2 Dividend $1.00 $1.00 $2.00 0% 100%
3 $0.90 ----- $1.80 (20)% 80%

On Day 3 Quicken shows a loss of 20%, because the dividend is folded into
the cost basis, but the actual gain is 80%. When buying/selling I would use
the 80% as an indication to purchase and the (20%) as an indication to sell.

When taxes are considered it seems more befuddling to me because tax
sheltered accounts (401k, Roth IRA, etc.) have no tax liability on dividends
(and capital gains) and it seem to me that folding the dividends into the
cost basis makes no sense at all.

What am I missing?

Is there any way to not use cost basis accounting?

thanks


Posted by Han on January 3, 2008, 8:58 am
Please log in for more thread options
$607ed4bc@cv.net:

> Any ideas as to what changed? I got an update when I started Q08 this
> AM. The program is still Release 5.

I didn't notice any kind of update this morning. Could it have been the
regular FI update?

--
Best regards
Han
email address is invalid

Similar ThreadsPosted
With Q2007, I can't update my Bank of America accounts with either WebConnect or One Step Update anymore! November 17, 2006, 11:11 am
CC-508 error attempting to update Chase credit card info via One Step Update November 16, 2009, 9:57 pm
One Step Update and Account Update Issue February 1, 2009, 7:42 am
Can't update May 29, 2009, 5:55 pm
Q05 Dlx: Can't run reports after update July 14, 2006, 11:42 pm
update on HSBC November 2, 2006, 12:18 pm
Quicken 98 (UK) R1 -> R4 Update December 30, 2006, 10:36 am
Can't Install Rel 4 Update January 30, 2007, 7:07 pm
one step update April 19, 2007, 3:53 pm
One Step Update May 16, 2007, 5:05 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap