How to account for dividend income?

Kevin Bae

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.

UrsulaA

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?

https://community.simplifimoney.com/discussion/4973/the-transfers-bucket-is-now-live-in-the-spending-plan

Coach Natalie

@Kevin Bae, thanks for posting!

I'd suggest adding your feedback to these existing topics:

https://community.simplifimoney.com/discussion/5312/ability-to-include-any-all-investment-transaction-in-reports-and-the-spending-plan-edited

https://community.simplifimoney.com/discussion/3788/introducing-investment-transactions-share-your-feedback-here

-Coach Natalie