I am using 2008 for the first time. In the register view at the bottom of the screen is a window with two tabs "Download Transactions" & "Scheduled Bills & Deposits". How do I change the default so this window does not appear? I do not see that choice in the preferences.
There is a register "option" to "hide Downloaded/Scheduled tabs".
I think it is only usable for accounts that are not activated for downloading; and if the account has a Scheduled Transaction in need of processing, the tabs will return, and can't be hidden again until the account's Scheduled Transactions are processed.
Don't forget that you can minimize the tab region. To the right of the tabs region is a very subtle up/down arrow that will minimize/mazimize that region. When minimized, it takes up 2 rows of space at the bottom of the screen.
I haven't been able to find "hide Downloaded/Scheduled tabs". I am looking under: Edit/Preferences/Quicken/Register/. Register has sub-heading of Quick Fill, Notify, Write Checks, and Dowload Transactions, but I can't find it there either.
As John said, it's only available for accounts not activated for download. THEN, it's under Options, on the right, just above the register window. Choose "Hide Downloaded/Scheduled Tab"
Bob
I haven't been able to find "hide Downloaded/Scheduled tabs". I am looking under: Edit/Preferences/Quicken/Register/. Register has sub-heading of Quick Fill, Notify, Write Checks, and Dowload Transactions, but I can't find it there either.
I think you have a wrong take on what has been posted.
As far as I know, the register "Options" menu choice appears in every account. It is on the same row as "Delete Find Transfer" ....; just under the register title bar.
But when you click "Options", you can not modify the appearance of the tabs unless the account is not activated for download.
The option choices are there but leads to the same place as: Edit/Preferences/Quicken/Register/. Register has sub-heading of Quick Fill, Notify, Write Checks, and Dowload Transactions, (Options/Register Preferences/Register/etc... And "Hide Downloaded/Scheduled Tab" is npt there either.
Well, I don't know what to say. The accounts I have activated for download just have the option grayed, but it's there in all my registers. Perhaps an uninstall and re-install might help. Sounds like a call to Quicken Tech Support may be needed.
This question has been bothering me for some time. Quicken folds in dividends as part of the cost of mutual funds and stocks. This doesn't seem to be a good decision for motivating buys/sells or for tax considerations in shielded accounts. As an example:
Gain Day Transaction Price Purchase Quicken Other 1 Buy $1.00 $1.00 0% 0% 2 Dividend $1.00 $1.00 0% 100% 3 $0.90 ----- (10)% 90%
On Day 3 Quicken shows a loss of 10%, because the dividend is folded into the cost basis, but the actual gain is 90%. When buying/selling I would use the 90% as an indication to purchase and the (10)% as an indication to sell.
When taxes are considered it seems more befuddling to me because tax sheltered accounts (401k, Roth IRA, etc.) have no tax liability on dividends and it seem to me that folding the dividends into the cost basis makes no sense at all.
What am I missing?
Is there any way to not use cost basis accounting?
"skidmarks" wrote in news:%VRej.15397$ZI4.7294@trnddc08:
I'm having trouble understanding what it is you think should happen, partly because it seems like you are asking a couple different things.
I don't know what you mean by "dividend is folded into the cost basis"?
total return is typically measured by change in market value plus dividends plus interest minus costs. return can be compared in various ways, such as a percentage of amount invested. There are various measures of performance such as "return on investment" and "internal rate of return". The way Quicken computes some of these performance measures has always been a puzzle, unless you dig into the actual formulas the program uses. Personally, I find Quicken of limited benefit for determining buy/sell recomendations for investments.
Another question is the capital gain on an asset held for investment. Quicken divides that into realized gain and unrealized gain. The basis is typically all the costs incurred in acquiring and placing in service an asset, less allowed or allowable depreciation. For securities held for investment of course, there is no "placing in service" nor "depreciation".
A third question is how to compute your basis in an asset for purposes of federal and state income taxes.
I think in general the cost basis is used, except in certain instances. In tax deferred accounts, the tax basis is typically the amount of contributions made in after-tax dollars.
Finally, I don't know what "cost basis accounting" means?
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