Categorizing interest and dividend payments in investment accounts that are reinvested

[Junbugbear]

How should I categorize interest and dividend payments in investment accounts where those payments are automatically used to purchase new funds? If I only care about the balance in investment accounts, should I categorize them as investment transfers?

For interest payments in savings and other banking accounts, I am assuming these should be categorized as income?

[Blake]

Yes, yes. When you say investment accounts, I assume you mean retirement accounts. If they are taxable accounts, then you will want to record as income.