tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/5435-automatic-transfer-of-funds-to-investmentsInfinite Kind: Discussion 2021-01-21T21:50:22Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-19T16:07:38Z2020-10-19T16:07:38ZAutomatic transfer of funds to investments?<div><p>Presumably you can see a Xfr or BuyXfr transaction in your investment account that represents the $100? If so, is the transfer account used on this txn set to the ‘default’ account in question? I’m not answering why it downloaded the txn, but I can tell you that it will use the account/category you have set up as the default account for your investment account. If you don’t like this, and you really don’t want to track the cash properly , then create a ‘junk’ category and set this as your default category for the investment account; and then ignore this ‘junk’ account from all your reports...</p>
<p>Regards Stuart<br>
[a fellow user, not support] </p></div>Stuart Beesley (Mr Toolbox)tag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-19T16:16:25Z2020-10-19T16:16:25ZAutomatic transfer of funds to investments?<div><p>No, actually it's a BUY transaction, and I've been doing this for months and this never happened before. The xfer transaction right after was generated by the system.</p></div>wa1ouitag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-19T16:27:55Z2020-10-19T16:27:55ZAutomatic transfer of funds to investments?<div><p>There must have been a ’transfer’ into your online investment account and MD is trying to replicate this with the Xfer</p></div>Stuart Beesley (Mr Toolbox)tag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-22T11:41:40Z2020-10-22T11:41:40ZAutomatic transfer of funds to investments?<div><p>Bump... no there was no transfer... the last transaction was a BUY, and MD is trying to cover the amount apparently, which it can't do as the funds aren't in MD... and this never happened before on buys,</p></div>wa1ouitag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-22T20:30:41Z2020-10-22T20:30:41ZAutomatic transfer of funds to investments?<div><p>If you perform buy transactions without any money coming into the account or an adjustment being made to the initial balance then you will get in increasing negative balance in the account. This will have the effect of throwing net worth reporting out for one thing.</p>
<p>With Direct Connect Moneydance creates transactions based on the contents of the download, it will not create a transaction out of thin air so there must be something in the downloaded data to trigger the creation of the transaction.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/487422422020-10-22T21:45:07Z2020-10-22T21:45:07ZAutomatic transfer of funds to investments?<div><p>@dwg I"m quite familiar with the increasing negative balance, but as I don't use the net worth reporting out of Moneydance it's just an annoyance.</p></div>wa1oui