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Mac Maxwell
Guest
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 Posted:
Sun Nov 13, 2005 9:01 am Post subject:
Q2006 and Vanguard |
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Vanguard downloads fine to my Quicken account except their Money
market Account (VMSXX) which I use as a cash account. Vanguard will
only download it to a mutual fund account and I need it loaded as a
cash account. Yes, I called Vanguard and the guy said they had this
complaint before and they don't have an answer or work around. Does
anybody know of a work around?
Thanks
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Mike L
Guest
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| Posted:
Sun Nov 13, 2005 9:01 am Post subject:
Re: Q2006 and Vanguard |
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On Sat 12 Nov 2005 09:23:31p, Mac Maxwell wrote in
news:gsbdn1pq4q5045u1m90v6ml14u3unoc0bl@4ax.com:
| Quote: | Vanguard downloads fine to my Quicken account except their Money
market Account (VMSXX) which I use as a cash account. Vanguard will
only download it to a mutual fund account and I need it loaded as a
cash account. Yes, I called Vanguard and the guy said they had this
complaint before and they don't have an answer or work around. Does
anybody know of a work around?
Thanks
|
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.
--
Mike |
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John Pollard
Guest
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| Posted:
Sun Nov 13, 2005 5:01 pm Post subject:
Re: Q2006 and Vanguard |
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Mac Maxwell wrote:
| Quote: | Vanguard downloads fine to my Quicken account except their
Money
market Account (VMSXX) which I use as a cash account. Vanguard
will
only download it to a mutual fund account and I need it loaded
as a
cash account. Yes, I called Vanguard and the guy said they
had this
complaint before and they don't have an answer or work around.
Does
anybody know of a work around?
|
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.
--
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup
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Alan
Guest
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| Posted:
Sun Nov 13, 2005 5:01 pm Post subject:
Re: Q2006 and Vanguard |
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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
"Mac Maxwell" <redbubba32@hotmail.com> wrote in message
news:gsbdn1pq4q5045u1m90v6ml14u3unoc0bl@4ax.com...
| Quote: | Vanguard downloads fine to my Quicken account except their Money
market Account (VMSXX) which I use as a cash account. Vanguard will
only download it to a mutual fund account and I need it loaded as a
cash account. Yes, I called Vanguard and the guy said they had this
complaint before and they don't have an answer or work around. Does
anybody know of a work around?
Thanks |
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