Is it possible to purchase stock of different currency

Posted by Bacchus on February 17, 2007, 7:04 pm

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Hi

        I try to add a US stock in my Canadian brockage account
        in Quicken 2006, but Quickend do not let me do it ...

        I have the error message that my stock is from a different
        currency ???

        Please give some idea as how I can do it, I would also like
        to convert the purchase with a different exchange rate
        for every transaction.

        If it is impossible to do that in Quicken, please suggest
        me an other program

        A big thanks in advance for your support !!!

Regards

Bacchus

Posted by John Pollard on February 17, 2007, 8:17 pm

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Bacchus wrote:

> Hi

> I try to add a US stock in my Canadian brockage account

> in Quicken 2006, but Quickend do not let me do it ...

> I have the error message that my stock is from a different

> currency ???

One Quicken account can hold securites in only one currency.

--
John Pollard
First initial underscore Last name at mchsi dot com
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Posted by Fred Smith on February 18, 2007, 9:30 am

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In Quicken, multi-currency is supported at the account level. All securities
must be in the same currency. This makes sense because that's what most brokers
do.

There are several workarounds, but the most common are:

1. Accept Quicken's way. Your broker will report the price of the security in
C$, so use it.
2. If you want to see the price in US$ (and be able to download the price),
create a new account in US$ in Quicken.

--
Regards,
Fred

> Hi

> I try to add a US stock in my Canadian brockage account

> in Quicken 2006, but Quickend do not let me do it ...

> I have the error message that my stock is from a different

> currency ???

> Please give some idea as how I can do it, I would also like

> to convert the purchase with a different exchange rate

> for every transaction.

> If it is impossible to do that in Quicken, please suggest

> me an other program

> A big thanks in advance for your support !!!

> Regards

> Bacchus