q2009 - how show net worth with market value

Posted by Bill on June 4, 2009, 10:16 pm

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I recently upgraded from 2006 to 2009, and I am noticing that net worth is
reported based on the cost basis of securities, rather than market value.

I'm not liking it this way. I have always entered transactions manually as
"shares added" because I didn't like the way they were entered
automatically.

So, is there a way to force it to calculate and report amd display net worth
based on market value ?

Posted by R. C. White on June 5, 2009, 8:43 am

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Hi, Bill.

In your Report, click the upper-right button that says Customize. On the
next screen, click the Advanced tab and check the box to "Include unrealized
gains".

I made TWO Income/Expense reports that I use daily. One has this box
checked, the other does not. I seldom look at Quicken's Net Worth report; I
just look at Net Worth in the lower left corner of my main Quicken screen.

RC
--
R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
rc@grandecom.net
Microsoft Windows MVP
(Using Quicken Deluxe 2009 and Windows Live Mail in Win7 x64)

> I recently upgraded from 2006 to 2009, and I am noticing that net worth is

> reported based on the cost basis of securities, rather than market value.

> I'm not liking it this way. I have always entered transactions manually

> as "shares added" because I didn't like the way they were entered

> automatically.

> So, is there a way to force it to calculate and report amd display net

> worth based on market value ?

Posted by Bert Hyman on June 5, 2009, 9:21 am

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> I seldom look at Quicken's Net Worth report; I just look at Net Worth

> in the lower left corner of my main Quicken screen.

In Q2008, that figure includes things like your house and cars (assuming
that you've entered them and track their value), which some people don't
include in their "net worth" calculations.

--
Bert Hyman St. Paul, MN bert@iphouse.com

Posted by Bob Wang on June 5, 2009, 1:20 pm

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People like me :-)

>>>

Posted by John Pollard on June 5, 2009, 4:14 pm

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Bert Hyman wrote:

>> I seldom look at Quicken's Net Worth report; I just look at Net Worth

>> in the lower left corner of my main Quicken screen.

> In Q2008, that figure includes things like your house and cars

> (assuming that you've entered them and track their value), which some

> people don't include in their "net worth" calculations.

You can tell Quicken to exclude the balances of individual accounts from
that total in the Account List ("Don't Include in Totals"). [The option
also applies to at least one other display ("Property & Debt Accounts").]

--

John Pollard