Simplifi | Investment | Transaction Category & Reports
Q. I have been running Simplifi and Classic side by side for couple of months. I have had Classic for over 2 decades.
In Simplifi (web) it shows all investment transactions, with "Description/Category". If you try to update "Category" it defaults to Security/Payee.
It seems if Simplifi is going to show "Category" on the investment transactions, we should be able categorize to Income/Divide or what category end user may prefer.
I am trying to develop report to show Investment Dividends like I can on classic.
We can't even export to dump in excel for quick pivot table. Yes. I can go to institution, but sort of defeats purpose of pulling all in location.
Unless I am missing something, any idea when these features will available?
thanks for your assistance in advance.
Answers
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Hi, I have been using Classic since 2009 and MS Money before that, so I know what you are saying.
Simplifi is mainly designed to show you the bottom line for your investments. The only transactions that are taken into account in the Spending Plan or Reports are those marked Payment/Deposit.
I spend my dividends in my brokerage account as regular income so when my dividends arrive at the end of the month, I change the Income Dividend part to Payment/Deposit and give it my own category. I set my IRAs in Settings:Accounts to Ignore in Spending Plan and Reports.
These are the categories I created to use with Payment/Deposit:
Now I can find them in reports and put them in the Spending Plan.
Steve
Quicken Simplifi (Safari & iOS) Since 2021
Quicken Classic (MacOS) Since 2009
MS Money (1991-2009) and Dollars & Sense (1987-1991)0 -
Thanks. I will give the work around a try. Assume you are referring to "Action"
Simplifi is good for the basics, but anything more, not yet ready to convert from Classic.
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Yep, Actions is what I am referring to. Good luck.
Post any more questions or problems you run into.
Steve
Quicken Simplifi (Safari & iOS) Since 2021
Quicken Classic (MacOS) Since 2009
MS Money (1991-2009) and Dollars & Sense (1987-1991)1 -
Follow Up. It does work. Unlike Categories where you can edit multiple entries at once, seems Investment "Action" it does not. I will have to decide if I want to spend the time one by one and edit.
I get keeping it simple, but needs more refinement, at least some more control. The data is there.
I get it. It's why Classic product is offered, but…reporting function on investments is very limited - too limited.
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Yes. It is limited. And we don’t get splits or recurring reminders either in Simplifi. So if you need or want extensive features in Investments, Classic is better. We keep pushing for more though.
Steve
Quicken Simplifi (Safari & iOS) Since 2021
Quicken Classic (MacOS) Since 2009
MS Money (1991-2009) and Dollars & Sense (1987-1991)0 -
The Investment side of QS is the obscure stepchild, I'm afraid.
I have been changing my securities and money market payments to Payment/Deposit from Action. With my battle plan I can change the payee and category with a few keystrokes and 6, or so, mouse clicks. That is a LOT of clicking with 8 accounts and monthly / quarterly dividends. It does work though. It's the way I get ready for tax season and track individual securities, over time.
It all worked great back in the free Mint days. All QS had to do was allow us to sort on Actions. It was so simple.
Also, be aware, that you can NOT export you Investment account in a CSV file. Why??? Good question. You can export your checking account, but not your Investment account. We could in Mint. So, basically, your data is held hostage.
If I'm not mistaken, you can't move your Investment data from QS to Quicken.
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