tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/14391-transfer-from-quicken17-win-stock-spin-off-handling-issuesInfinite Kind: Discussion 2019-11-13T06:30:22Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/475248882019-08-13T23:47:07Z2019-08-13T23:47:07ZTransfer from Quicken'17 Win, stock spin-off handling issues<div><p>Actually, it's all the RtrnCap function that is subtracting from cash balance regardless of whether it's piped through to another account (see attached jpg).</p>
<p>I've tried to find more about the rtrncap function in MD, but I can't find any documentation on how that is being handled...</p>
<p>so perhaps someone can explain to me what does "RtrnCap" and "RtrnCapX" does in MoneyDance? it's clearly not doing what I think it should be doing...?</p></div>skiptag:infinitekind.tenderapp.com,2009-01-14:Comment/475248882019-08-13T23:55:04Z2019-08-13T23:55:05ZTransfer from Quicken'17 Win, stock spin-off handling issues<div><p>oh, NVM. I found out how the RtrnCap is being handled.. both in quicken and MD...</p>
<p>can delete this thread!</p></div>skiptag:infinitekind.tenderapp.com,2009-01-14:Comment/475248882019-08-14T04:59:07Z2019-08-14T04:59:07ZTransfer from Quicken'17 Win, stock spin-off handling issues<div><p>I'm a fellow user.</p>
<p>At this time Moneydance does not have a RtnCap action type. Hence what you see on the second line in the second transaction is just free form text, which is valid in bank type accounts and is also valid in the second line of a investment account transaction, the actual action type is Xfr which is just a transfer.</p>
<p>If you want Moneydance to be able to handle return of capital transactions, then you can post a suggestion to add to the number of times it has been raised and/or email the developer directly.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/475248882019-08-14T05:17:57Z2019-08-14T05:17:58ZTransfer from Quicken'17 Win, stock spin-off handling issues<div><p>Hi dwg<br>
thanks for your reply. I guess Moneydance can enter action type that isn't supported? how can that be?</p>
<p>I guess for the time being, I'll just have to keep the cost basis record from Quicken... ugh.</p>
<p>I will definitely contact the developer via support. There is very litle documentation on how the stock entries work with its cryptic two-line transaction.., and it's a bit confusing. I'm still doing some trial and error to see how I can move over my Quicken file that dates back to 1997...</p></div>skiltag:infinitekind.tenderapp.com,2009-01-14:Comment/475248882019-08-14T06:29:54Z2019-08-14T06:29:54ZTransfer from Quicken'17 Win, stock spin-off handling issues<div><p>In the Investment register the action type is on the first line of the transaction only, you cannot enter invalid action types into such accounts.</p>
<p>In your screen image it means for the first transaction the action is DivReinvest and for the second Xfr, both of these are valid actions.</p>
<p>There are a number of approaches that can be taken to account for the transaction. If you want to maintain lot information in Moneydance the only way is to sell each lot at its cost price then do a purchase at the reduced price, personally I find this messy and a lot of work.</p>
<p>If you maintain lot information outside of Moneydance or have no need for it, you can set the investment to use Average cost and then for the value of the Capital return use a sell transaction with zero shares and the total value of the return.</p></div>dwg