Ability to include any/all Investment Transaction in Reports and the Spending Plan (edited)

Yeah I'm confused why dividends and interest in investment accounts would NOT be considered income, since I can take any of this out any time, no different than cash from a bank account. I've manually adjusted ALL investment accounts to be included in reports and spending yet nothing is included other than Payments/Deposits. Seems silly to have to manually go through each entry to change a dividend income to a payment/deposits with dividend income category as a work around to be able to see what we are earning on our money.

I can see this as something someone would want for 401k/retirement plans as they don't plan on taking out the funds but a general investment account is no different than a bank account. Also, what is the point of being able to manually adjust investment accounts to be included in spending and other reports, only to have 99% of the transactions automatically be excluded as some default? Why wouldn't that be our option?

Does not the investments not go through a bank to receive the income?

Some of these potential workarounds are missing the point of investment/brokerage account. Changing the investment account to bank account means that you will no longer have access to transaction types like stock dividends, share tracking in buys/sells, reinvestments, etc. Having to transfer money to bank account in order for it to recognize something as income is also missing the point of leaving your cash in a brokerage account for margin and/or additional investments. That's like saying I have to transfer money from savings to checking before Simplifi will recognize that I have money to spend. My money market account in my investment account is earning higher interest than a savings account at a bank. Money in savings account is still money that I have available to spend. Why forgo the potential for higher interest rate in a savings account to move it to checking to then say it is available to be spent?

This really is a simple solution that I don't understand why Simplifi can't just turn the option on. As a coder, I understand that this is already in the code because there is a feature to include an investment account in spending plan or in reports. So those who don't want them to show (either because they are retirement plans or those who only want salary to be considered income), then click on the options to exclude the ENTIRE account. Nobody is suggesting to change that feature for people who aren't either retirees or very active in the stock market.

However, there is the option to include investment accounts in spending and reports. THE ISSUE is that even once you click those to be included, Simplifi has some weird logic ON TOP of that option that automatically excludes ALL income and expenses from spending and reports EXCEPT for 'payment/deposit' transaction type. This means that I have to MANUALLY go to every income/expense type (e.g., dividend, interest, advisor fees) and change them to be considered in spending plan/reports. So the only thing that including in Spending and Reports option does is turn on 'payment/deposit' type rather than turning on ALL transaction types - so saying I'm choosing to include AN ENTIRE ACCOUNT by clicking off the 'exclude' from spending and reports is a misnomer and very limited. The coders should not block the other income/expense transaction types in investment accounts from being included. The option should be at the ENTIRE account level and if there are specific transactions that someone wants to exclude, then it should have the option on an individual level, no different than if I want to exclude buying groceries from Krogers from my spending/reports.

It would be great if interest income from brokerage accounts could be included with Reports. Right now the option is grayed out. I'm curious why this is the case.

If interest income from brokerage accounts is excluded, then it seems that Monthly Income is not total income because interest income is excluded.

See attached, ideally I could uncheck the Exclude from Reports

Thank you. That worked well.

@pkBubba Yea, I receive all my income from investments also, and a large part of that is dividends.

I don't follow the issue with Payment/Deposit that you are describing, you should not be getting duplicates no matter what you do. But, I'm probably just misunderstanding.

Unfortunately there is no multi-edit to change "Action" or to change the visibility of transactions in investments. There is also no ability to create Rules :(. I eagerly await for these features to be added.

@minx Thanks for confirming that I'm not the only one getting "income dividend" duplicates after changing the first transaction to payment/deposit.

Issue is that they come back when deleted until they cycle out of what is coming from your financial institution. So I have to wait about 2-3 months before I delete them; otherwise, they keep coming back until the data isn't syncing from the financial institution anymore. Needless to say, it would be a lot easier if the exclude from spending and/or reports actually was an option so that some of us can include them when we want. These workarounds are wonky.

Currently, stock sale transactions cannot have their "Exclude from spending plan" option unchecked.

It remains locked to checked even if I re-categorize the transaction be income.

It would be good to designate an account as "vested RSU" account where all the sales are automatically counted as income.

It sure sounds so easy Coach…. to change Income Dividend to Payment, and it is… unless you have are watching over 8 accounts and have 80 transaction in June alone… And that is only in 3 of the accounts. And, again, we have to change every entry in the Payee column and each Category field as well.

Your suggestion isn't really acceptable for multiple accounts.

pkBubba.. I talked to the Schwab people who interface with Quicken. This "income divided" thing is all a function of how Simplifi has decided to parse out the data from Schwab. The Schwab guy said all Simplifi had to do was call them and they could work this fiasco out.