I'm stumped with the below Quicken 2007 situation and would appreciate
- I am using Quicken 2007
- I have a Checking account and 401k Account setup
- I have 401k contributions (mine and matching) as items in my budget.
- I have a paycheck setup with the 401k contributions being moved from
my Checking Account to my 401k Account on a recurring basis
- Every paystub, I have to manually input the mutual fund purchases in
my 401k account as they are not automatically downloadable.
It appears that 401k contributions (mine and matching) are showing up
as additional free cash flow at the bottom of my budget. I believe
this is occurring because I do not have a budget item for the mutual
fund purchases in my 401k.
If this is the source of the oversized free cash flow, how can I
account for the mutual fund purchases in my Budget? And what category
should I use?
Thanks very much for the help!
- posted 13 years ago