How to account for dividend income?
Dividends are my main source of income. In Simplifimoney I don't see a way to classify dividends as income received. They're kept off reports. When I transfer the dividends from my brokerage to my checking account it only shows as a transfer between the accounts. If I can't designate any of the dividend transactions as income there is no way to use the budgeting features because I'm always in the negative if I have virtually no income.
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Simplifi recently released a feature to be able to only include one part of a transfer in the spending plan. In your case, including the income side of the transfer to your checking account (dividends) will help do what you are looking for. @Coach Natalie - any more color to this?
Simplifi User Since Nov 2023
Minter 2014-2023
Questionable Excel before 2014 to present
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@Kevin Bae, thanks for posting!
I'd suggest adding your feedback to these existing topics:
-Coach Natalie
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