Investment Transactions & Spending Plan

mellis87

Hello,

It was previously announced that investment transactions would begin to appear under the spending plan, purely for informational purposes and would not be calculated into the monthly spending plan cash flow. However, it appears this is not the case.

As you can see in the attached screenshot, there is a sizeable "+" dollar amount under "Uncategorized" which is the summation of the various investment transactions to date. This dollar amount is being added to the rest of the spending to offset the total amount of "other spending" spent. This is ultimately skewing the cash flow for the month as investment transactions should not be considered normal income.

You can verify this by adding up the total amount spent to date across the various categories, and subtracting that from the dollar amount of "uncategorized" (which is where the investment transactions are grouped), and your total will be the dollar amount of "Other Spending" on the left.

DannyB

Hi @mellis87

Yes they do show up in Other Spending and this has to do with the default category investment transaction data is received into Simplifi. The default "Action" is "Payment/Deposit" and this type of "Action" is included in the Spending Plan. You will need to edit all your investment transactions the correct Action and Category to keep these transactions from affecting the Spending Plan.

Here is a Support article about all of this with links to other articles that will be helpful.

https://help.simplifimoney.com/en/articles/6540220-managing-investment-transactions

@Coach Natalie and some of the other members of the forum will have more insights and actions for you to take to make this all work.

Coach Natalie

Hello @mellis87,

Thanks for posting your inquiry to the Community!

At this time, there are three ways to ignore Investment Transactions from the Spending Plan:

1. Ignore the account from Reports under Settings > Accounts, which will also ignore it from the Spending Plan — https://help.simplifimoney.com/en/articles/5160316-how-to-ignore-accounts-from-reports-and-the-spending-plan
2. Edit each individual Investment Transaction to be ignored from the Spending Plan — https://help.simplifimoney.com/en/articles/3569626-how-to-ignore-transactions-from-reports-and-the-spending-plan
3. Edit the Investment Transactions to the correct investing type so they are no longer a "cash flow" type (this is what @DannyB mentioned) — https://help.simplifimoney.com/en/articles/6540220-managing-investment-transactions

With that said, our Product Team is actively working on ignoring Investment Transactions from the Spending Plan by default, which should resolve this matter for our users. This post can be followed for updates:

https://community.simplifimoney.com/discussion/5025/ignore-investment-transactions-from-the-spending-plan-by-default-edited

I hope this helps!

-Coach Natalie

mellis87

Thank you! Good to know this being worked on.