Divenden is doubled in cash?

Falconxp's Avatar

Falconxp

06 Mar, 2021 04:21 PM

I imported my Quicken QIF and somehow my dividend payout is doubled in cash. I can correct this but why is this happening.

For example

Dividend payout is 12 euro. It is doubled in cash value to 24 euro

  1. 1 Posted by Stuart Beesley ... on 06 Mar, 2021 05:01 PM

    Stuart Beesley (Mr Toolbox)'s Avatar

    What Txns are being created?

  2. 2 Posted by Patrick P on 06 Mar, 2021 05:16 PM

    Patrick P's Avatar

    None, only a DivXfr and Xfr. the amount is for example 50 and cash is the 100

    Get Outlook for iOS<https://aka.ms/o0ukef>
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  3. Support Staff 3 Posted by Ethan on 06 Mar, 2021 10:31 PM

    Ethan's Avatar

    Could you post a screenshot of one of these?

    Ethan
    Infinite Kind Support

  4. 4 Posted by dtd on 06 Mar, 2021 10:51 PM

    dtd's Avatar

    This is a long term issue for QIF imports. Moneydance does not properly import all action entries, especially for investment accounts. I brought this up in November 2019, and it still exists as a problem.

    There is a VERY VERY long thread on this topic - primarily associated with how to make everything work. Given its length, I will point you to it if you ask (or search for vicissitudes)

    just a user

  5. 5 Posted by Patrick P on 06 Mar, 2021 10:57 PM

    Patrick P's Avatar

    [cid:198FBF2A-B276-4EB5-9D80-ADA1AF388BD3-L0-001]

    Sent from my iPhone 11 Pro

    On 6 Mar 2021, at 23:31, Ethan <[email blocked]> wrote:

    

  6. 6 Posted by dtd on 06 Mar, 2021 11:02 PM

    dtd's Avatar

    Yep - that's exactly what happens on a QIF import of action items like that into an investment account.

    One line from my Nov 2019 thread:
    "In fact it is doubly bad, as it ends up being a BUYXFR in Moneydance, so that ends up doubling the cash change."

    just a user

  7. 7 Posted by Patrick P on 06 Mar, 2021 11:21 PM

    Patrick P's Avatar

    I corrected it by doubling the corresponding Xfr entry. This also corrected my corresponding bank account balance.

    Also had some issues with split transactions but i corrected them.

    Sent from my iPhone 11 Pro

    On 7 Mar 2021, at 00:02, dtd <[email blocked]> wrote:

    

  8. 8 Posted by dtd on 06 Mar, 2021 11:47 PM

    dtd's Avatar

    Great! Good luck using moneydance.

  9. 9 Posted by Patrick P on 07 Mar, 2021 08:20 AM

    Patrick P's Avatar

    Thx, just checked how many there where. It were only about 10 dividend items. I just entered them manually and deleted all the double items which I already corrected.

    I really like the syncing of Moneydance. With Quicken I have to copy the files with Onedrive between computers. Furthermore, Quicken is more for the US market and some options just don’t work with euro accounts like the mobile app.

    Have a nice Sunday and thx for your advice and posting information.

  10. System closed this discussion on 06 Jun, 2021 08:30 AM.

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