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QMac 2017: Why isn't there some way to do Mutual Funds in Q 2017 like there was in Q 2007?

Barbara O'Keeffe
Barbara O'Keeffe Member ✭✭
edited September 2018 in Investing (Mac)
Handling Mutual Funds isn't at all straight forward in Q 2017.  In fact, it appears that only those who buy individual stocks are suppose to use the product.   Wish I hadn't bothered to purchase Q 2017.  And to add salt to the wound - less than 1 week after purchasing I get an offer of 50% off!!!   Even that would be too much of an asking price for all of the hassles I have had.

Comments

  • Unknown
    Unknown Member
    edited September 2018
    Why?  Quicken 2017 handles mutual funds the same way as it does stock.  And pretty much the same way it did in Q2007. 

    You set up an account.  You create securities, in your case mutual funds, with a stock ticker.

    You provide cash to your investment account, usually via a transfer of funds from an account.

    You purchase shares of those mutual funds at a specific amount (let Quicken will calculate the price).

    You can sell shares of the mutual funds, which results in a cash balance.

    When you download via One Step Update, Quicken will automatically update the share prices.

    If your mutual funds are "non-standard" funds that do not have stock symbols, or are traded as units instead of shares, you enter the prices manually via the Portfolio tab > Portfolio > Price Update.

    Easy peasy. 

    And if you would have purchased Quicken 2017 from Amazon, you would have paid even less.

    If you are within the 60 day return period, contact Quicken support for a refund.

    www.quicken.com/support
  • RickO
    RickO SuperUser, Mac Beta Beta
    edited June 2017
    gmalis1 said:

    Why?  Quicken 2017 handles mutual funds the same way as it does stock.  And pretty much the same way it did in Q2007. 

    You set up an account.  You create securities, in your case mutual funds, with a stock ticker.

    You provide cash to your investment account, usually via a transfer of funds from an account.

    You purchase shares of those mutual funds at a specific amount (let Quicken will calculate the price).

    You can sell shares of the mutual funds, which results in a cash balance.

    When you download via One Step Update, Quicken will automatically update the share prices.

    If your mutual funds are "non-standard" funds that do not have stock symbols, or are traded as units instead of shares, you enter the prices manually via the Portfolio tab > Portfolio > Price Update.

    Easy peasy. 

    And if you would have purchased Quicken 2017 from Amazon, you would have paid even less.

    If you are within the 60 day return period, contact Quicken support for a refund.

    www.quicken.com/support

    Agree. One minor correction... in the Mac version, manual price updates are done by clicking menu Window > Securities. Then double click the security and click the Price History tab and enter the data.

    Barbara, if you still want to use the program, you could return it for a full refund (within 60 days), then repurchase it using the 50% off offer. You may find an even better price on Amazon. The repurchased program will still open your data file that you already started.
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • Concordman
    Concordman Mac Beta Beta
    edited November 2017
    No issues handling mutual funds in QM 17. Same as a stock , make sure the symbol for the security is included under security details
  • Lyn Buddenhagen
    Lyn Buddenhagen Member ✭✭
    edited June 2017
    gmalis1 said:

    Why?  Quicken 2017 handles mutual funds the same way as it does stock.  And pretty much the same way it did in Q2007. 

    You set up an account.  You create securities, in your case mutual funds, with a stock ticker.

    You provide cash to your investment account, usually via a transfer of funds from an account.

    You purchase shares of those mutual funds at a specific amount (let Quicken will calculate the price).

    You can sell shares of the mutual funds, which results in a cash balance.

    When you download via One Step Update, Quicken will automatically update the share prices.

    If your mutual funds are "non-standard" funds that do not have stock symbols, or are traded as units instead of shares, you enter the prices manually via the Portfolio tab > Portfolio > Price Update.

    Easy peasy. 

    And if you would have purchased Quicken 2017 from Amazon, you would have paid even less.

    If you are within the 60 day return period, contact Quicken support for a refund.

    www.quicken.com/support

    I did what Rick said (return and re-purchase) and it worked. Bit of a hassle but worth it to me.
This discussion has been closed.