Single Mutual Fund account transaction wiped out whenever I edit it (Q2007)

Posted by wazdakka on October 14, 2008, 5:35 pm

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I have Quicken 2007 and am trying to added two Single Mutual Fund
accounts to it for two new Blackrock accounts that I have recently
opened. I already have two American Fund accounts and they download
their transactions automatically when I run an update. Blackrock,
however, does not support this (jerks), so I have to enter
transactions manually. I created a new account of type Single Mutual
Fund, gave it one security name, and entered the transaction from my
opening statement, telling it to transfer the cash from my checking
account. No problem - the balance of the new fund account went up, my
checking account went down, things appears to be working.

Then I noticed in the register of my checking account that there was
no "TXFR" under the "Num" column, even though this was a transfer
between accounts. So I updated it and - poof - the balance of my fund
account drops to 0, even though the balance of my checking account
correctly reflects that cash was transferred out. So I went through
the whole thing again, deleting the account and creating it, and then
entered text into the notes fields of the transaction "Do not update
Num column." Poof - the balance of my fund account drops to 0. Any
change I make to the linked transaction causes the problem. When I
look in the mutual fund account, I still see the transaction there
(including the note text that I added from the checking account) but
the quantity of shares and cost per share are zero'd out.

What on earth am I doing wrong? I can live with the empty "Num"
column, but I cannot live with a situation that causes transactions to
get wiped out without notice. Someday I will accidentally type in the
notes field and I do not want to loose the transaction!

Dan

Posted by John Pollard on October 14, 2008, 6:07 pm

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wazdakka@twcny.rr.com wrote:

> I have Quicken 2007 and am trying to added two Single Mutual

> Fund

> accounts to it for two new Blackrock accounts that I have

> recently

> opened. I already have two American Fund accounts and they

> download

> their transactions automatically when I run an update.

> Blackrock,

> however, does not support this (jerks), so I have to enter

> transactions manually. I created a new account of type Single

> Mutual

> Fund, gave it one security name, and entered the transaction

> from my

> opening statement, telling it to transfer the cash from my

> checking

> account. No problem - the balance of the new fund account

> went up, my

> checking account went down, things appears to be working.

> Then I noticed in the register of my checking account that

> there was

> no "TXFR" under the "Num" column, even though this was a

> transfer

> between accounts. So I updated it and - poof - the balance of

> my fund

> account drops to 0, even though the balance of my checking

> account

> correctly reflects that cash was transferred out. So I went

> through

> the whole thing again, deleting the account and creating it,

> and then

> entered text into the notes fields of the transaction "Do not

> update

> Num column." Poof - the balance of my fund account drops to

> 0. Any

> change I make to the linked transaction causes the problem.

> When I

> look in the mutual fund account, I still see the transaction

> there

> (including the note text that I added from the checking

> account) but

> the quantity of shares and cost per share are zero'd out.

> What on earth am I doing wrong? I can live with the empty

> "Num"

> column, but I cannot live with a situation that causes

> transactions to

> get wiped out without notice. Someday I will accidentally

> type in the

> notes field and I do not want to loose the transaction!

I tried to duplicate this in Q2007 Premier R4, but was not able
to do so.

If you're not required by the fi (for downloading purposes) to
have single mutual fund accounts, I can't think of any good
reason to use them.

You could try Validating a Quicken Copy of your data; if the
Validated Copy doesn't exhibit the nasty behavior, make that
your regular data.

--

John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup

Posted by wazdakka on October 14, 2008, 8:20 pm

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John,

There nust have been something funky in the data files. I ran the
validate as you suggested and the problem seems fixed. I will keep my
eye on it for a while just to make sure, but I think I am all set
now. Thanks for the assist.

Dan