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Posted by Phil Schuman on April 20, 2006, 4:01 pm
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> Phil Schuman wrote:
> > I had a single stock with a brokerage house.
> > I recently had it tranferred to my main Schwab account.
> > Today, the transfer was completed.
> > After downloading transactions into my Q2004,
> > both accounts were updated correctly
> > with one showing "shares removed"
> > and my Schwab showing "shares added".
> > However - when viewing the security,
> > it has no "cost" and no historical performance.
> > In lookikng at the security, it has all the info,
> > but it's split between the original account,
> > and the newly transferred account.
> > What can I do without manually re-entering the old
> > transactions
> > into the new account so everything would appear correctly.
>
> Ideally you would have done a "Shares Transferred Between
> Account" transaction *before* you downloaded the real-world
> transactions; then there should have been nothing to change.
>
> I think you have two choices: delete all the downloaded
> transactions that make up the transfer and enter the "Shares
> Transferred Between Accounts" transaction; or modify all the
> downloaded "Shares Added" transactions to contain the correct
> cost.
>
> In any event, when you finish, your history *should* show
> historical performance split between the two accounts; that is
> how it really happened.
>
I expected Quicken 2004 to take the transfer into account
since it does know/show the history of the security in the detail view,
and yet chooses to not display the history.
It's as if each account holding is treated as it's own sub-account
historically.
hmmmm -
This would be true if the same security was held in different accounts,
but of course performed differently based upon cost basis & timeline.
I just took the brute force method -
Re-created in the new transferred account
the couple of original transactions from the old account,
and then deleted the old account completely.
Yeah it doesn't show what really happened,
but for me, it's more of tracking the performance vs original account
status.
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