Accounting Talk Accounting Talk    FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  Asset Allocation and Bank Accounts          Accounting Talk Forum Index -> Quicken View previous topic :: View next topic   Author Message C and A Guest Posted: Thu May 15, 2008 2:37 am    Post subject: Asset Allocation and Bank Accounts Using Quicken 2008 Deluxe. Asset Allocation Reports don't include bank accounts. I would like them included as Cash. Is there a way to do that? One of my checking accounts is actually a money market fund against which I write checks. -- C and A Bredt Back to top   Ads Advertising Sponsor Bob Wang Guest Posted: Thu May 15, 2008 4:00 am    Post subject: Re: Asset Allocation and Bank Accounts I have 8 investment accounts that have a checking counterpart, as in "Show cash in a checking account." Those checking accounts show up as -Cash- in my asset allocation. My stand-alone bank accounts are not included in -Cash-, but I don't keep very much in them, so they don't affect the allocation. I guess one could "trick" Quicken and set up "dummy" investment accounts with no investments, and all the action happens in the checking part. Bob Quote: "C and A" <abredt_at-delete-this@socal.rr.com> wrote in message news:482b5b81$0$5727$4c368faf@roadrunner.com... Using Quicken 2008 Deluxe. Asset Allocation Reports don't include bank accounts. I would like them included as Cash. Is there a way to do that? One of my checking accounts is actually a money market fund against which I write checks. -- C and A Bredt Back to top   Ads Advertising Sponsor John Pollard Guest Posted: Thu May 15, 2008 5:51 am    Post subject: Re: Asset Allocation and Bank Accounts C and A wrote: Quote: Using Quicken 2008 Deluxe. Asset Allocation Reports don't include bank accounts. I would like them included as Cash. Is there a way to do that? One of my checking accounts is actually a money market fund against which I write checks. "Bank accounts" should not be included in asset allocation. Please read up on the concept of asset allocation. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor C and A Guest Posted: Thu May 15, 2008 6:32 am    Post subject: Re: Asset Allocation and Bank Accounts "John Pollard" <invalid@invalid.com> wrote in message news:9OLWj.164206$yE1.118431@attbi_s21... Quote: C and A wrote: Using Quicken 2008 Deluxe. Asset Allocation Reports don't include bank accounts. I would like them included as Cash. Is there a way to do that? One of my checking accounts is actually a money market fund against which I write checks. "Bank accounts" should not be included in asset allocation. Please read up on the concept of asset allocation. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup I think I understand the concept of asset allocation. I want to have an overall picture of my finances. When I used Excel to track my allocations using pie charts, I included the money market fund in my cash because it often contains a large amount of cash and I write large checks against it. I wanted to have the chart include it. Now I want to do it with Quicken. Are you saying that even though I use it like a checking account, I should put under Investments instead of under Cash and Bank Accounts? Thanks, CB -- C and A Bredt Back to top   Ads Advertising Sponsor John Pollard Guest Posted: Thu May 15, 2008 5:47 pm    Post subject: Re: Asset Allocation and Bank Accounts C and A wrote: Quote: "John Pollard" wrote C and A wrote: Using Quicken 2008 Deluxe. Asset Allocation Reports don't include bank accounts. I would like them included as Cash. Is there a way to do that? One of my checking accounts is actually a money market fund against which I write checks. "Bank accounts" should not be included in asset allocation. Please read up on the concept of asset allocation. I think I understand the concept of asset allocation. I want to have an overall picture of my finances. When I used Excel to track my allocations using pie charts, I included the money market fund in my cash because it often contains a large amount of cash and I write large checks against it. I wanted to have the chart include it. Now I want to do it with Quicken. Are you saying that even though I use it like a checking account, I should put under Investments instead of under Cash and Bank Accounts? Basically, yes; though as Bob Wang said, the "checking" account can be a "Cash Flow" account, and appear in Asset Allocation reports/graphs, if you have it linked to an investment account (but you can not link an existing checking account to an investment account). Asset Allocation is a concept for maintaining a specified ratio of assets in various asset classes. Part of the concept includes switching assets from one class to another when the ratio's get too far out of kilter from their targets. The concept doesn't include using your household cash to rebalance your asset classes, so Quicken excludes such accounts. Quicken investment accounts allow check writing, so offhand, I can't think of any reason why an investment account wouldn't work ... though if your "money market fund" is being used for everyday household expenses, it doesn't really belong in Asset Allocation. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor John Pollard Guest Posted: Wed May 21, 2008 7:00 pm    Post subject: Re: Asset Allocation and Bank Accounts C and A wrote: Quote: Are you saying that even though I use it like a checking account, I should put under Investments instead of under Cash and Bank Accounts? I recently read another post that reminded me of something I forgot when I first answered this. With newer versions of Quicken, you can change the "Account Group" of a "Cash Flow" "Spending" account to put it in the "Investing Center" as either an "Investment" account or a "Retirement" account. Doing so should cause Quicken to include that account in the Asset Allocation report/graph. -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First         Accounting Talk Forum Index -> Quicken All times are GMT Page 1 of 1   Jump to: Select a forum Accounting Talk----------------Accounting TalkPeachtreeQuickbooksQuicken  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum 68 Attacks blocked Powered by phpBB © 2001, 2005 phpBB Group