Money Market in investment acct not being recognized as cash - balance being counted twice
This sounds easier than it is.. A few days ago
(11/1) I got a dividend & Quicken decided I had
an unaccounted for holding (FTEXX) and wanted to know if I wanted
to create a placeholder transaction. Not knowing what to do, I
accepted. Now I have a cash balance and an almost equal position of FTEXX (Fidelity Municipal MM).
One problem is that the cash amount and the FTEXX amount are not exactly
I created an Investment Transaction Report to see if I could figure
out how the status changed and saw that 3 dividends ago, Quicken started
treating "Div - Income..." as Reinvested Income, so I changed those 3
transactions back to just div income. In all cases, the symbol is shown as FTEXX, but only in the placeholder is the a number of shares and a value ($1 per). The dividends that are shown as income are also FTEXX, but there's no shares attributed to the balance.
Then I deleted the placeholder in
the registry, but it still shows FTEXX as a holding in my "Portfolio
View" and the value of the account is way too high. Additionally,
because part of this MM is valued in municipal bonds, I don't want to
eliminate it, as it shows up as part of my portfolio diversity. I also don't want to eliminate the 9 years of dividend history.
I looked at the security detail screen and it shows 9 years of
dividends plus a placeholder transaction I can't get rid of even though
it's now gone from the register. I tried to "enter a missing
transaction" but it won't let me "remove shares" unless I do it on or
before the date of the placeholder (11/1). If I try that, I get a
warning that I am trying to remove shares on the date of a placeholder
transaction and that I can "continue" but the shares won't be removed.
So - how do I delete the placeholder for real? If I can do that
successfully, will I keep getting prompts to accept a placeholder every
time I log
in with Quicken (or get a dividend, or sell a position, etc.) for
been using and converting Quicken files since 1995. Currently have been
using 2016 Premier for 10 months with no issues. All of a sudden - mid
stream, Quicken lost its mind over this MM position.