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Brokerage account/Scheduled Transaction

OK, I asked a question *like* this earlier this week, let's try this one.

I'm using Q2006.

I have a mortgage which is set up to enter a transaction into my checking account on the 1st of every month. The money is actually auto-debited (not a bill pay or a physical check).

I've recently switched to keeping 95% of my money at Fidelity, and using my main brokerage account as a checking account (billpay, checkbook, ATM card, ACH auto-debit, the works).

*However*, I can't convince Quicken that I'd like that scehduled transaction to be entered into an account which isn't a checking account.

Is there any way to accomplish this goal? I want to get the scheduled transaction entered, I don't want to cut&paste every month, or wait for the Fidelity download, because then the split amounts (paying down the mortage and int. exp) wouldn't be right.

My proposed super-hackjob work around would be to set up a dummy checking account, have the scheduled transaction go there, and then manually copy&paste a xfer between the dummy and the brokerage, so that the dummy always has a 0.00 balance, but the interest is tracked correctly.

That seems like a hugely unessecary kludge. Does anyone know of a better solution? I'll accept "Q2007 lets you do that".... I've been meaning to upgrade anyway, this would speed that decision.

Reply to
Eric J. Holtman
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OK - this IS for Q2007, but maybe it's the same for Q2006. (See caveat below). Cluick on SCHDULED TRANSACTIONS (SCH TXNS) icon. Click on CREATE NEW. Click on SCHEDULE TRANSACTIONS in the drop down list that is presented. Look at section called 'PAYMENT INFORMATION' on left side of that screen. There's a drop down field called 'ACCOUNT TO USE'. If I drop that down, I see all my accounts that can be used, including INVESTMENT types of accounts.

Do you see that?

I do seem to remember in some older Q release, you had to use a schedule transaction dialog that was only found inside an INVESTING activity panel or drop down, but I didn't think it was that recent that they changed this.

Hope this helps.

Reply to
Andrew

Eric:

Maybe you should try the "Show cash in a checking account" option for investment accounts.

I like to see my checking activity separate from my investment activity, but for most people that is not necessary.

Bob

Reply to
Bob Wang

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