How do I bypass the following message when selling a security? Number of shares selected is more th

Unknown

Selling more securities than available.

volvogirl

Why are you trying to sell more shares than are in the account? Have you not been recording Buys or Reinvested Dividends right?

NotACPA

OR, are you intentionally going from a Long position to a Short position?

Unknown

The specifics do not matter. All I need to know is how to bypass that message.

Unknown

Or if it is even possible to bypass that message.

volvogirl

Well the reason why makes a difference. Why don't you just check the little box to sell all shares and not worry about it? How much more are you trying to sell? Just a fraction?

Unknown

The reason why is because I have not received my monthly statement yet stating the amount of dividends I received the prior month and reinvested.  But I do receive sell whenever a security is sold.  So, my semi-annual account rebalancing ended up selling all of the security and I am trying to enter that in Quicken.  I know the number of shares the dividend consisted of but I do not know when or at what price it was reinvested in my account.  Once I get my monthly statement, adding the dividend reinvestment would set my holdings of this security to zero.  And, no, I do not want to wait until my next statement to enter the sale of this security

UKR

And why can't you look up that transaction on the brokerage's website? Should be easy to do.

Generally, you can't enter a Sell transaction before all the Buys and Reinvests are recorded ... that's because the Sell can't properly calculate Capital Gains/Losses at sale time.

volvogirl

The actual price/share doesn't matter. You know the dividend amount and the number of shares. That's all you need. Go ahead and enter the reinvested dividend and let Quicken put in the price. You only need to match the actual $ and # of shares.

volvogirl

volvogirl said:

The actual price/share doesn't matter. You know the dividend amount and the number of shares. That's all you need. Go ahead and enter the reinvested dividend and let Quicken put in the price. You only need to match the actual $ and # of shares.

Oh you probably do not know the dividend amount either. I guess you could make up an entry to get the shares entered now to sell them and then edit the transaction when you get the real $. But like UKR said you can probably look it up online now.

splasher

Enter a temporary buy transaction for the total of the missing shares, do the sell, and then when you get the detail information, enter the correct information and delete the temporary.

Unknown

Your Broker has a web site and a Telephone number.  In urgent situations I call or email my broker directly.  In this internet world, Quicken only knows what the internet tells it.  If this is an urgent situation bypass the intermediary.