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Subject Author Date
stock split Caryl 06-27-2008
Posted by Caryl on June 27, 2008, 11:11 pm
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I am using Quicken 2008 and have had no problems with it until now,
and I do not know if these is a problem with the program or something
that I am doing wrong. I have IE 7.

I use one step update daily to update seven brokerage accounts. Two of
the accounts are not supported by Quicken, so I have to add new
transactions manually, which is not much of a problem as there is not
much trading done in those particular accounts. I am trying to add a 2
for 1 stock split which took place last month in one of these
accounts, but I cannot get the number of shares to change. Help
indicates that 2 should be put for new shares and 1 for old shares on
the transaction form, but that does not change the total of shares in
the portfolio. I have also tried putting the actual number of new
shares and old shares shares in the transaction window, but there is
still no change in the total number of shares.

How can I fix this?

Thanks.
Caryl

Posted by John Pollard on June 28, 2008, 9:14 am
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Caryl wrote:
> I am using Quicken 2008 and have had no problems with it until
> now,
> and I do not know if these is a problem with the program or
> something
> that I am doing wrong. I have IE 7.
>
> I use one step update daily to update seven brokerage
> accounts. Two of
> the accounts are not supported by Quicken, so I have to add
> new
> transactions manually, which is not much of a problem as there
> is not
> much trading done in those particular accounts. I am trying to
> add a 2
> for 1 stock split which took place last month in one of these
> accounts, but I cannot get the number of shares to change.
> Help
> indicates that 2 should be put for new shares and 1 for old
> shares on
> the transaction form, but that does not change the total of
> shares in
> the portfolio. I have also tried putting the actual number of
> new
> shares and old shares shares in the transaction window, but
> there is
> still no change in the total number of shares.

The first thing to do is to note whether the number of shares
Quicken currently shows you holding is the number of shares from
before the split or from after the split.

Downloading (quotes) usually downloads splits: the split may
already have been applied to your holdings.

--

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



Posted by Caryl on June 28, 2008, 11:34 am
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> The first thing to do is to note whether the number of shares
> Quicken currently shows you holding is the number of shares from
> before the split or from after the split.
>
> Downloading (quotes) usually downloads splits: the split may
> already have been applied to your holdings.

Thanks for your help, John.

The shares showing are the number of shares from before the split.

However, this morning when I did one step update I got a window asking
me if I wanted to replace the stock split transaction that I had added
with the date of May 23 with one for May 27. It is the first time I
recall having any information about this stock pop up. I made the
replacement and the number of shares doubled. So all is okay now.

Caryl

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