QWin 2017 Premier: Can the average cost per share be updated manually?

ConnieB

I'm using Quicken 2017 Premier.

NotACPA

Let's go back a step.  Why would you want to change this calculated figure ... which is based upon all of your actual purchases?

And the answer to your question, as posed, is NO.

Unknown

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

ConnieB

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

I've been using Quicken Premier for my portfolios since 2005.  My problem involves only individual stocks, not mutual funds.  I don't know why I don't have all of the transactions.  I have two separate Quicken files, one for my personal stuff and the second for my family's investment club.  The cost per share problem occurs only with the investment club's file.  I normally enter all transactions manually.  I download them only occasionally.  I always reconcile everything to TD Ameritrade's numbers..  At one time I did have avg cost per share on this file.  I noticed the problem for the first time with Quicken Premier 2017 last week, but don't know how it happened.

I'll check my backups to see when avg cost last appeared and then see if I can recover from there. 

NotACPA

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

"Average Cost per share" isn't, for Stocks, a valid means of reporting Capital Gains/Losses.

That treatment is only available for mutual funds.

See the IRS Pub 17 for further info.

ConnieB

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

I've used Quicken for a long time.  It had always included "average cost per share" for both individual stocks and mutual funds in the "INVESTING" window.  In my Quicken file, it simply stopped doing that for some of my stocks recently.

I'm giving up on this.  I can get what I need from the broker's website.

mshiggins

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

From C. D. Bales:


"I've used Quicken for a long time. It had always included "average cost per share" for both individual stocks and mutual funds in the "INVESTING" window. In my Quicken file, it simply stopped doing that for some of my stocks recently".


I don't see the problem in my QW2017 RPM R15.1.


The only securities that do not show an Average Cost Per Share in my Portfolio View are securities that have zero shares (Watch List only securities, for example).


I even have Average Cost Per Share for non-securities (dummy securities I create for test purposes) - as long as I own some shares in that specific Quicken file.

ConnieB

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

@mshiggins, Thank you for confirming that avg cost should be listed. 

I'll keep looking for the problem with my files. I may have caused it with something I did, but I have no idea what it could be.  In the meantime I'm getting the info from the brokers' websites. 

Again, THANKS!

q_lurker

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

@ConnieB:  You still have not clearly indicated the problem.  You are seeing the Average Cost per Share header for an Investments Portfolio View showing 'Quotes', a showing that you have previously customized to include that and other columns.  Below that header are you seeing "wrong" values, blanks, zeroes, or something else.

Secondly you have also alluded to missing transactions.  "I don't know why I don't have all of the transactions."

Do you know that transactions are missing or is that a guess of some kind?   

ConnieB

fanfare said:

Maybe the person's avg price per share in Quicken doesn't match the avg price per share reported by the mutual fund company. I'll tell you from experience, it happens.
Which one is correct? The mutual fund company's numbers are the numbers that go to the IRS.

@q.lurker:  The avg cost per share was all asterisks.  Thankfully, I found the cause of the problem yesterday.  I had "placeholder entries" in transactions that I never downloaded.  I downloaded them and was able to enter the average cost per share. Everything is up-to-date now.  Thank YOU for your help!