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Posted by bill on August 15, 2006, 7:25 am
Please log in for more thread options Thanks for your reply. I cannot answer your question fully until late
today, after i get home from work, but will try to answer them to the
best of my knowledge now.
I have Quicken 2006, it's an IRA account. Cant say i want to create a
new quicken file because this one is relatively new. I came over from
Ms Money at the first of the year.
Unlike some of my other accounts, this account was first created by
me, (no transactions, gave it name only) but than got its transactions
entered via download from TDAmeritrade.
"Usually the user gets the option to
refuse to accept a placeholder resulting from a download"
I think in my error, i was given a choice and clicked yes an accepted
it.
I cant really put together why this is happening, buying and sell are
pretty straight forward type events, at least in my mind. This
particular transaction actually only occurred in mid july06. I was
thinking maybe because the name was getting confused with another or
something, but that's not the case and i have never owned this stock
prior to this transaction in this or any other account.
Thanks Again
John Pollard wrote:
>
> > To make a long story short, i have deleted all downloaded
> > transactions
> > in this investment account and have decided to start entering
> > from
> > first of year because i could not resolve this issue, thinking
> > something incorrect got downloaded or something.
> >
> > Enter first transaction fine, second also.
> >
> > How the problem transaction.
> >
> > I enter the buy, but this buy took place in 2 separate
> > transactions,
> > only being charged once for a tranaction fee. Enter first buy
> > fine.
> > Enter second buy with all transaction data but still quicken
> > marks it
> > as a PLACEHOLDER TRANSACTION.
> >
> > I dont understand why?? Help
>
> I think you may be misunderstanding the difference between a
> placeholder, and a transaction that is linked to a placeholder.
>
> Placeholder transactions are "Adjust Share Balance"
> transactions; they have an "Action" value of "Entry". No other
> transaction is, or is converted to, or is marked as, a
> "placeholder".
>
> If you have a placeholder in your account; and you enter a
> transaction for the security in the placeholder, with a date on
> or before the date of the placeholder ... that transaction will
> be linked to the placeholder. It will never alter the cash
> balance of the account (it shows "N/A" for the "Cash Amt"), nor
Thanks for your reply. I cannot answer your question fully until late
today, after i get home from work, but will try to answer them to the
best of my knowledge now.
I have Quicken 2006, it's an IRA account. Cant say i want to create a
new quicken file because this one is relatively new. I came over from
Ms Money at the first of the year.
Unlike some of my other accounts, this account was first created by
me, (no transactions, gave it name only) but than got its transactions
entered via download from TDAmeritrade.
"Usually the user gets the option to
refuse to accept a placeholder resulting from a download"
I think in my error, i was given a choice and clicked yes an accepted
it.
I cant really put together why this is happening, buying and sell are
pretty straight forward type events, at least in my mind. This
particular transaction actually only occurred in mid july06. I was
thinking maybe because the name was getting confused with another or
something, but that's not the case and i have never owned this stock
prior to this transaction in this or any other account.
Thanks Again
John Pollard wrote:
>
> > To make a long story short, i have deleted all downloaded
> > transactions
> > in this investment account and have decided to start entering
> > from
> > first of year because i could not resolve this issue, thinking
> > something incorrect got downloaded or something.
> >
> > Enter first transaction fine, second also.
> >
> > How the problem transaction.
> >
> > I enter the buy, but this buy took place in 2 separate
> > transactions,
> > only being charged once for a tranaction fee. Enter first buy
> > fine.
> > Enter second buy with all transaction data but still quicken
> > marks it
> > as a PLACEHOLDER TRANSACTION.
> >
> > I dont understand why?? Help
>
> I think you may be misunderstanding the difference between a
> placeholder, and a transaction that is linked to a placeholder.
>
> Placeholder transactions are "Adjust Share Balance"
> transactions; they have an "Action" value of "Entry". No other
> transaction is, or is converted to, or is marked as, a
> "placeholder".
>
> If you have a placeholder in your account; and you enter a
> transaction for the security in the placeholder, with a date on
> or before the date of the placeholder ... that transaction will
> be linked to the placeholder. It will never alter the cash
> balance of the account (it shows "N/A" for the "Cash Amt"), nor
> will it alter the number of shares owned as of the date of the
> placeholder. If you do not have a placeholder in your account,
> you should never see this behavior.
>
> [Even if you delete a placeholder, any transactions you entered
> while it was present that were linked to it, will retain a
> pseudo link to the placeholder: they will continue to have no
> affect on the cash balance. You must also delete all those
> "linked" transactions and re-enter them.]
>
> To the best of my knowledge, placeholders don't get downloaded;
> they are either manually entered by the user, or they are
> entered by Quicken in response to a Compare to Register (which
> can be, and usually is, initiated by the user; or it can be
> initiated by a download). Usually the user gets the option to
> refuse to accept a placeholder resulting from a download, but
> there may be occasions when one is created by Quicken
> automatically.
>
> What version (year) of Quicken do you use? What specific type
> of investment account are you working on?
>
> If you have a version of Quicken earlier than Q2006, you may not
> be able to see your placeholders if they have had their
> historical transactions entered; that is, if you have entered
> enough Buy/Reinvest transactions to acquire the number of shares
> specified in the placeholder ... the placeholder will become
> hidden. The only way I know to see a placeholder in pre-Q2006
> versions of Quicken, is to delete (or modify) one of the
> historical transactions for that placeholder (a Buy/Reinvest
> dated on or before the placeholder).
>
> [Actually there might be one other way to "see" a hidden
> placeholder in pre-Q2006 files: export the account transactions
> to a QIF file, then open the qif file in a word processor and
> look for the "Entry" "Action" value.]
>
> Quicken 401k accounts seem to have some variations on the
> "normal" expectations of placeholders. And possibly other tax
> deferred accounts may have some peculiarities that I have not
> figured out.
>
> What happens if you create a New Quicken file; setup this one
> investment account; and enter the same transactions you were
> referring to at the beginning of your post?
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