Issue entering two memorized withdrawal transactions in a row in investment accounts

One minor point—when trying to enter transaction #2 after "Enter/New," Quicken *does* fill in the Payee name but no other fields.

I'm not sure I can help but I am sure there is a bug in Quicken's processing of (at least some) investment account transactions that are impacted by a Memorized Transaction.

In my case, when I modify a downloaded investment account Deposit (interest income) transaction to change the downloaded payee name to a payee that has a Memorized Transaction, Quicken zeros out the non-zero amount of the downloaded deposit. [The Memorized Transaction has a zero amount because the amount of the interest is not the same every time].

It took me a long time to track that down - in the end, I had to delete the Memorized Transaction.

In your case, I would consider few possible alternatives: using Reminders instead of Memorized Transactions, an approach that only requires one investment account transaction (using split lines), or initiating the distribution from a non-investment account.

Thanks, John. I like your Reminders idea; I just set them up as manual bills and will try them out next month. You know, I never thought of doing it that way because, well, they're not really bills. ;)

I've had your issue too with editing an amount in a memorized transaction in an investment account. After I hit ENTER, the amount was recorded as a different amount. I then had to edit the transaction to correct it. Frustrating.

To your last point—I'll paste part of my comment on Quicken Community regarding this issue:

"Unfortunately, when I first set up my IRAs in Quicken for DOS almost 40 years ago, I set them up in a separate Quicken file. The only accounts in that file are IRA accounts. All of our other accounts are in a separate Quicken file. Don't ask me why I did it that way because I don't remember. I'm sure it seemed like a good idea at the time. 😉

I already do what you suggested when I record the deposits in our personal checking account (split the deposit of the net distribution, recording the gross distribution and the federal withholding tax (FWT) as a negative number). On the IRA end (in the separate Quicken file), I record both the net and the FWT amounts as IRA Distributions so that each pair of transactions adds up to the gross distribution. I have an Excel spreadsheet that ties everything together and reconciles between the Quicken retirement file distribution amounts and the Quicken personal file distribution amounts."