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Subject Author Date
Stock Option Accounts P Fanelli 05-03-2008
Posted by P Fanelli on May 4, 2008, 7:18 am
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 Hi John,

Thanks for the response. I'm looking at the left screen section of the Home
page - entitled accounts (at least in 2008 Premium). I realize this is an
account value list, and not net worth - but I have the same question here.
Quicken excludes the stock value in the options account - while the
securities value in several other brokerage account are accounted for. Hope
that made sense. I was just wondering if this the way quicken works?

Thanks,
Patrick
>P Fanelli wrote:
>> Hi there, and thanks for the information.
>>
>> I have to say - I see this functionality different than say a regular
>> brokerage account. In a regular brokerage account - the current stock
>> value is used in the net worth calculation - so why wouldn't that
>> same approach be taken in including the option value in contributing
>> to net worth?
>
> Generally, Quicken gets Net Worth right.
>
> But you must insure that the Net Worth value you are viewing includes all
> the Accounts and Securities that you consider to be part of your Net
> Worth.
>
> Almost every Quicken Net Worth presentation allows you to select
> (customize) the Accounts that are used to produce the net worth amount.
>
> You have not provided a single clue as to what Net Worth presentation you
> are talking about ... much less what you have attempted to do to get your
> net worth displayed correctly.
>
> --
>
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>



Posted by John Pollard on May 4, 2008, 9:08 am
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 P Fanelli wrote:
> Hi John,
>
> Thanks for the response. I'm looking at the left screen
> section of
> the Home page - entitled accounts (at least in 2008 Premium).
> I
> realize this is an account value list, and not net worth - but
> I have
> the same question here. Quicken excludes the stock value in
> the
> options account - while the securities value in several other
> brokerage account are accounted for. Hope that made sense. I
> was
> just wondering if this the way quicken works?

If you're not seeing the account listed at all in the "Account
Bar", check to be sure the account is not hidden (Account List).

If you see the account in the Account Bar, but it's amount is
greyed out and isn't included in the Net Worth total at the
bottom of the bar, check to be sure you haven't told Quicken not
to include it in totals (Account List).

If the account appears in the Account Bar with a zero value and
you have some other display or report that shows the account
with a non-zero value, make sure you are looking at comparable
dates for the two amounts.

If, for example, you look at the Transaction List for the
account and it shows a value for some date in the future, but
your Account Bar is set to show "current value", then you can
see two different amounts. Check your Quicken price history
(Security Detail View) and note what the current price/share is
and whether you have any future dated prices.

--

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



Posted by John Pollard on May 4, 2008, 9:17 am
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John Pollard wrote:
> If you're not seeing the account listed at all in the "Account
> Bar", check to be sure the account is not hidden (Account
> List).
>
> If you see the account in the Account Bar, but it's amount is
> greyed out and isn't included in the Net Worth total at the
> bottom of the bar, check to be sure you haven't told Quicken
> not
> to include it in totals (Account List).
>
> If the account appears in the Account Bar with a zero value
> and
> you have some other display or report that shows the account
> with a non-zero value, make sure you are looking at comparable
> dates for the two amounts.
>
> If, for example, you look at the Transaction List for the
> account and it shows a value for some date in the future, but
> your Account Bar is set to show "current value", then you can
> see two different amounts. Check your Quicken price history
> (Security Detail View) and note what the current price/share
> is
> and whether you have any future dated prices.

I should have added that if you do not own any shares of the
security ... yet; that will also cause it to have a zero current
value.

--

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



Posted by P Fanelli on May 5, 2008, 7:35 pm
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John,

Thanks for the information. Upon further checking - I do see where Quicken
is including the amount in the net worth report. It's just on the account
list on the home page - the account is zero. This seems to be because of
what you have mentioned - I don't own the shares yet.

Thanks again for your time.
Patrick
> John Pollard wrote:
>> If you're not seeing the account listed at all in the "Account
>> Bar", check to be sure the account is not hidden (Account List).
>>
>> If you see the account in the Account Bar, but it's amount is
>> greyed out and isn't included in the Net Worth total at the
>> bottom of the bar, check to be sure you haven't told Quicken not
>> to include it in totals (Account List).
>>
>> If the account appears in the Account Bar with a zero value and
>> you have some other display or report that shows the account
>> with a non-zero value, make sure you are looking at comparable
>> dates for the two amounts.
>>
>> If, for example, you look at the Transaction List for the
>> account and it shows a value for some date in the future, but
>> your Account Bar is set to show "current value", then you can
>> see two different amounts. Check your Quicken price history
>> (Security Detail View) and note what the current price/share is
>> and whether you have any future dated prices.
>
> I should have added that if you do not own any shares of the security ...
> yet; that will also cause it to have a zero current value.
>
> --
>
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>



Posted by P Fanelli on May 5, 2008, 7:39 pm
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Thanks John for the information.

I have found that in fact the options are in the net worth report (red
face). The value just doesn't show up in the account - I suspect because of
what you have mentioned - I don't really own the shares yet.

Thanks again for your time.

Patrick
> John Pollard wrote:
>> If you're not seeing the account listed at all in the "Account
>> Bar", check to be sure the account is not hidden (Account List).
>>
>> If you see the account in the Account Bar, but it's amount is
>> greyed out and isn't included in the Net Worth total at the
>> bottom of the bar, check to be sure you haven't told Quicken not
>> to include it in totals (Account List).
>>
>> If the account appears in the Account Bar with a zero value and
>> you have some other display or report that shows the account
>> with a non-zero value, make sure you are looking at comparable
>> dates for the two amounts.
>>
>> If, for example, you look at the Transaction List for the
>> account and it shows a value for some date in the future, but
>> your Account Bar is set to show "current value", then you can
>> see two different amounts. Check your Quicken price history
>> (Security Detail View) and note what the current price/share is
>> and whether you have any future dated prices.
>
> I should have added that if you do not own any shares of the security ...
> yet; that will also cause it to have a zero current value.
>
> --
>
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>



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