"Was the security renamed"

Unknown
Unknown Member
edited September 2018 in Investing (Windows)

Rental Property Manager 2015, R 13 (24.1.13.2),
Win10

I have five securities at one financial
institution (FI).  Three are type “Market
Index”, one is type “Other”, and last is type “Stock”.  All have CUSIP ids.  All securities data are up to date but with
extra-ordinary effort.  The problem only
affects the types “Market Index”, others update correctly.

For the last several months, every time I
download my monthly .qfx file from my FI website and import the web connect
file, Quicken creates new securities for the market index funds with the same
name as the old in this manner: old:"securityname",
new:"securityname  1".

This required me to edit each downloaded transaction’s
name to remove the "  1" to put
transactions to the correct security.  In
security list > details, I unchecked ”matched with online...” each of the
"  1’s” then deleted each new security.

One time after the security deletions and a
new download, I got the following dialog: “Was the security renamed?”  The existing names and new names were
identical, old name had a symbol with the CUSIP entered with 0.0000 shares
reported with xxx.xxxx shares in Quicken.  The new name’s symbol was blank with same xxx.xxxx
shares reported with 0.0000 shares in Quicken.  Four choices are presented in this dialog;
none are applicable in this case.  A
fifth choice needs adding: "This is not a rename, these are the
same security" then merge the old/new information for the security to
avoid future problems.

After redefining the three security types
from "Market Index" to "Other", I do not get these problems
any more, but what are the repercussions for wrong “types”?image

Comments

  • q_lurker
    q_lurker SuperUser ✭✭✭✭✭
    edited May 2018
    Market index is intended only for true indexes like the Dow Jones Industrials or S&P500. It is not an appropriate type for securities that you can actually trade, even if those funds or ETFs track one of those indexes. The repercussions of changing the type from Market Index to anything else will be only positive. I would choose to type them as Mutual Funds or Stocks, or I would create a special type for those securities.



    I can't say it will fix all the issues you are initially raising, but it is clearly a step in the right direction.



    HTH
  • UKR
    UKR SuperUser ✭✭✭✭✭
    edited September 2018
    "Symbol" is the Ticker Symbol of the security, not the CUSIP. Input the correct Ticker Symbol instead of the CUSIP. If the security is not traded on a public US exchange leave it blank.
  • mshiggins
    mshiggins SuperUser ✭✭✭✭✭
    edited August 2017
    UKR said:

    "Symbol" is the Ticker Symbol of the security, not the CUSIP. Input the correct Ticker Symbol instead of the CUSIP. If the security is not traded on a public US exchange leave it blank.

    You can also make up your own ticker symbol. Just make sure your made up ticker is not the same as a real ticker.
    Quicken user since Q1999. Currently using QW2017.
    Questions? Check out the  Quicken Windows FAQ list
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