Q2006 and Vanguard

On Sat 12 Nov 2005 09:23:31p, Mac Maxwell wrote in news: snipped-for-privacy@4ax.com:

I just delete all Vanguard Buys/Sells downloaded for my MM funds and do not accept any place holders for these; so all of mine shows up only as if it is cash in each Vanguard account.

I believe all my other FIs just skip downloading these buys and sells for MM funds.

If you are talking about having brokerage transactions downloaded to Quicken cash accounts, you can't do that.

If your fi supports it - and from your post, I gather they do not - you can tell Quicken you want to track your money market fund transactions/holdings as cash ... in your investment account.

Otherwise, you can do what Mike L said and delete the mm fund transactions.

yes there is sort of a manual work around - I had called Vanguard a few years ago on this very same point and they suggested this approach:

Keep your MM account in vanguard investment (if you have other vanguard funds, or if not, create this mutual fund account with just the mm account in it). What I do is set up a dummy vanguard money market cash account that is linked to this mutual fund account. I can write checks from this dummy account and deposit into this account, butmoney is to moved around manually so that the dummy account always has a balance of zero dollars. My vanguard brokerage account is also linked this way - and the dividends from bonds for example are transfered automatically into the dummy account, and then I transfer them back to the mutual fund based MM account. In this way you can still categorize transactions using the dummy account. Deposits still go electronically directly into vanguard investment account from a paid check - there is no workaround for that, however. try this and play around with it for a while - it works although it is not an elegant solution that you were looking for

alan

Try setting up the account as a mutual fund with Vanguard as a brokerage and then go back and edit the summary account info by checking the box linking to a cash account. When you save this, it will establish a cash checking account with the same name. You can then enter deposits in the linked chg acct and written checks for reconcile.

All investment accounts can be used with linked cash accounts. Make the money market account a mutual fund with Vanguard as brokerage. Go into account summary after creating the account to edit and check the box linked to cash account. Save. The software will create a cash checking acct with the same name. Enter deposits and checks here to reconcile. Interest and dividends or fees will automatically be tranferred to the linked account upon download.