Quicken for Mac 2018 v5.6.x Released

dktenor

Sync with Quicken Mobile is changed
I thought that the sync was broken.  All of the sudden my Cash account and one Savings account stopped appearing on Quicken Mobile.

In Mobile Preferences (on the desktop version) there is now a list of accounts to be synced over to Mobile.  Once I checked on my manual accounts (cash, savings account) - voila they all appeared.

Doug

smayer97

RickO said:

The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.

This is a vast improvement. However, we still need in the Tags section a *No Tag* item in the list. As it is, there is no way to filter for transactions that have either one specific tag OR are untagged.Correction...this IDEA thread has been there for 19 months (I misread the year)...
   
(I intuitively knew the date must be earlier but my eyes were playing tricks on me)

Quicken Marcus

RickO said:

The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.

This is a vast improvement. However, we still need in the Tags section a *No Tag* item in the list. As it is, there is no way to filter for transactions that have either one specific tag OR are untagged.First off, the goal in 5.6 wasn't to add new functionality but to clarify and simplify the existing behavior so the "idea list" wasn't relevant.  We appreciate people adding to the idea list and it is helpful when we look at expanding the functionality but again the goal was to simply refine our existing behavior.   In terms of the idea list item "Add selection Critieria for no Category and not tag on reports" that smayer is referring to, I believe this is supported in 5.6.  No category is the Uncategorized category which is a checkbox item and no tag is represented by not having any tags selected.  We are not able to support RickO's scenario where he wants both no tags and a specific tag.  And we do not yet support Excluding tags as others have suggested.  These are features we will add in the future.

smayer97

RickO said:

The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.

This is a vast improvement. However, we still need in the Tags section a *No Tag* item in the list. As it is, there is no way to filter for transactions that have either one specific tag OR are untagged.Thx for the clarification that you see the "-No Tags-" option as a new functionality. It seems there has been a misunderstanding of the scope of what was being done, based on your statement that you thought you added the "no tags" feature... so hope you can appreciate the misunderstanding...

Glad to see that this is still being considered for enhancements.

Unknown

Mike said:

Investments - y-axis starting at zero. I do not like it. Put it back the way it was or include an option for zero or lowest value.

thank goodness. what a crazy update...  making y axis start at zero. an adjustable scale would be wonderful

smayer97

Mike said:

Investments - y-axis starting at zero. I do not like it. Put it back the way it was or include an option for zero or lowest value.

Hopefully should be an option, like in QM2007:
 


(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)

Quicken Marcus

RickO said:

Improved transaction downloads. Previously, downloading from Direct Connectaccounts would block you from doing anything else. Now Direct Connect works likeQuicken Connect accounts in that you can continue to use Quicken while downloading is happening in the background.

When updating Fidelity Investments (Direct Connect, 7 accounts), I get a spinning beach ball until the update finishes if I try to click anywhere else. Other FIs with multiple accounts seem to work okay (eg. TIAA).Thanks for the update.  Let's take this offline.  Let me know if Fidelity continues to beachball for you and possibly we can review your logs to see what is happening to cause it to beachball?

Quicken Marcus

Jim said:

The Y-Axis now always starts at zero is a terrible idea. It renders the graphics useless. Sorry!

We're going to go back to the original chart and make this an option in the future.  I think there are a number of people who want the chart to accurately reflect the market value of their account which is what having the Y-Axis start at 0 does but it should be an option.

Quicken Marcus

lenigandave4 said:

This reply was created from a merged topic originally titled I did the update and found an issue with the handling of a remove shares transact....


I did the update and found an issue with the handling of a remove shares transaction. The ETF changed its name and there is an add and remove shares transaction in my history. My portfolio still is reported the removed shares in my holdings. How should this be fixed?

I don't believe we made any changes to add and remove shares in 5.6.  My guess is that the brokerage is sending you an add and remove shares because of the name change.  I'm no sure I can answer your question because you haven't provided enough information. For example, are your share balances correct?  Are the Remove shares causing your balances to be off?  If it is, what happens if you delete the Remove Share, does the balance go back to normal?  Can you provide more information?

Quicken Marcus

s2kdriver said:

Very nice printing improvements for the Portfolio view - thank you.  I particularly like the CSV export capability to format the report in Excel according to personal needs.  This is a good addition.

However, I am disappointed that two major issues still remain in the investments area:

1. Remove shares is still treated as a capital loss, and this negatively affects the Performance measurements (IRR, ROI) and the capital gains report.  From my perspective this is a major defect since Remove shares and Add shares is Quicken's recommended method to move shares between accounts, and is also the mechanism to handle security exchanges within an account.  This defect can turn a positively performing security and account into a loss position, and as a result the performance measurements for the account can go permanently negative because of this.  It makes IRR & ROI measurements permanently useless for that security and account, as well as impacting performance roll-ups at the Brokerage, Retirement, and Education investment category levels.

2. Adjusted Cost Base (or average cost) has not been added as a cost basis method for securities.  FIFO and LIFO are not valid cost basis methods for Canadian taxpayers. Other Canadian features in the product have been very good so far, but this remaining issue is a real limiter.  Unless you take extreme measures to manually calculate and implement an ACB method using the custom lots feature, the product does not report correct gain/loss amounts.  Canadian users typically have to calculate their cost base using other methods outside of the product (e.g. Excel).  This is a shame and removes value from the product for Canadian users.  I don't think I am alone in this request.

Perhaps there was insufficient time to deal with these issues in the 5.6 release.  I am still hopeful that Quicken will address these problems within a reasonable time as part of upcoming releases.

Thanks for reporting these.  Quite honestly some things fall off my radar.  I'm not sure I fully understand your proposal for #1.  Are you saying a removal of shares during a period of time should not be counted in the beginning balance for IRR calculations so that when they get removed they aren't counted as a loss but are assumed to have never been part of the account?  Can you provide a little more detail about how you expect it to work?  Thanks.  

Unknown

Mike said:

Investments - y-axis starting at zero. I do not like it. Put it back the way it was or include an option for zero or lowest value.

Appreciate that Quicken is going to fix this.  This again falls under the category of a "fix" that we don't need.  Trying to justify the annual fee by tweaking this program over and over with cosmetic changes that may or may not be good for the consumer.  Instead, I would like to see my bank account update when extra security is used (like use of an emailed code.)  Instead I have to go thru the update user name and password for the account to prompt me for the code.  Why can't it just prompt me to enter the code and complete the link up.   

Quicken Marcus

Najmi said:

Reports: I don't know if I am doing something wrong, but in 5.6, reports are not pulling in all the data. This is for both the predefined reports and through New Reports. For example, a report for summary by category, only a subset of the transactions are being pulled in. When I generate a report for either last year or this year, several categories, I looked at two - for example "Charity" and "Mortgage" are reporting only a subset of all transactions that have these as categories. In all cases the Tags and Payee are selected to "Include Transactions with any or no..."  Accounts are "All" (including accounts hidden from reports, just in case).  I can debug further and provide more specifics, but was wondering if anyone else has spotted a problem with reports. 

Note that the category assignment is still there. When I select Banking in the left pane and, within all the transactions, select Last Year as the date range, and then search for "Charity", all transactions with Charity as a category correctly show up. But not in reports. 

Najmi, let me contact you directly to see if we can get to the bottom of this. 

Quicken Marcus

Mike Lane said:

Still watching for a correct to the traded options display.  The options cost basis on portfolio view is 100 times the entry in transaction view.  Transactions are entered cost per option.  After entry each option converts to 100 shares each.  The cost in transaction is adjusted.  However in portfolio the shares are multiplied by the option price. A $300 cost becomes $30,000 cost.  I don't enter options anymore until the contracts are closed or expire.  Disappointed again but appreciate the other improvements. 

Mike, I'll contact you directly to track this down.  Thanks for reporting the issue.

Quicken Marcus

dktenor said:

Sync with Quicken Mobile is changed
I thought that the sync was broken.  All of the sudden my Cash account and one Savings account stopped appearing on Quicken Mobile.

In Mobile Preferences (on the desktop version) there is now a list of accounts to be synced over to Mobile.  Once I checked on my manual accounts (cash, savings account) - voila they all appeared.

Doug

Doug, thanks for reporting what you saw and how you fixed it.  Can I ask, were you upgrading from an earlier version of Quicken like 2015 or were you upgrading from 2018 5.5.7 to 5.6?  The reason I ask is that these settings shouldn't have changed if you were already on 2018.  Anyway, thanks for reporting this in the forums to help the community.  

Quicken Marcus

Mike said:

Investments - y-axis starting at zero. I do not like it. Put it back the way it was or include an option for zero or lowest value.

Tim, every brokerage and bank does it differently.  I have 2-step authentication on all my accounts and they work in Quicken just fine.  What bank or brokerage are you seeing this issue?

Quicken Marcus

RickO said:

The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.

This is a vast improvement. However, we still need in the Tags section a *No Tag* item in the list. As it is, there is no way to filter for transactions that have either one specific tag OR are untagged.Sorry for the confusion.  Our goals wasn't to add new features but given the way the new dialog works we had to come up with a "meaning" for saying you want only selected items but then don't select anything.  We thought about having this mean you want everything selected but that seemed odd that you explicitly state you don't want anything but then Quicken reselects everything.  In the end, we decided to make it mean that you want to find No Tags and No Payees.  So we ended up adding 2 features but this was simply to make the dialog work.  I hope that clarifies things.  Adding a No Tag and No Payee checkbox in their respective lists is a much bigger task.

Najmi

s2kdriver said:

Very nice printing improvements for the Portfolio view - thank you.  I particularly like the CSV export capability to format the report in Excel according to personal needs.  This is a good addition.

However, I am disappointed that two major issues still remain in the investments area:

1. Remove shares is still treated as a capital loss, and this negatively affects the Performance measurements (IRR, ROI) and the capital gains report.  From my perspective this is a major defect since Remove shares and Add shares is Quicken's recommended method to move shares between accounts, and is also the mechanism to handle security exchanges within an account.  This defect can turn a positively performing security and account into a loss position, and as a result the performance measurements for the account can go permanently negative because of this.  It makes IRR & ROI measurements permanently useless for that security and account, as well as impacting performance roll-ups at the Brokerage, Retirement, and Education investment category levels.

2. Adjusted Cost Base (or average cost) has not been added as a cost basis method for securities.  FIFO and LIFO are not valid cost basis methods for Canadian taxpayers. Other Canadian features in the product have been very good so far, but this remaining issue is a real limiter.  Unless you take extreme measures to manually calculate and implement an ACB method using the custom lots feature, the product does not report correct gain/loss amounts.  Canadian users typically have to calculate their cost base using other methods outside of the product (e.g. Excel).  This is a shame and removes value from the product for Canadian users.  I don't think I am alone in this request.

Perhaps there was insufficient time to deal with these issues in the 5.6 release.  I am still hopeful that Quicken will address these problems within a reasonable time as part of upcoming releases.

Marcus, 
For a security moved from one account to another, the entire history needs to move with it - as if it was always part of the new account.  I think this is the only way to maintain performance integrity. Therefore the Remove shares and Add shares, in case of moving a security, needs to be linked.

In case of Remove shares by themselves (not part of a move shares between accounts), this is slightly more complicated but at least one option should be what you have suggested - that the removed shares were never part of the account. That is one way to maintain the integrity of the account level performance. The problem with treating it as a sale at current market price would of course be an incorrect cash postion. Perhaps others can provide some input? Perhaps it would be desirable to retain the performance of that security upto the date of removal, in which case treating it as a sale at the current value, followed by the removal of the cash generated by the transaction (to keep the remove security from impacting cash position) may be a way to handle this.

Finally, an Add shares by themselves - the only way is to offer the option to manually adding the cost basis - either as a average or, if the user so choses, by multiple transactions so that the time element is preserved for IRR. 
Regards,
Najmi.

macuser_22

RickO said:

And here are the detailed release notes:

Improved application performance

In 5.6, we focused on improving app performance. Customers with years and years of investment transactions were the most impacted so we zeroed our efforts around investments, but everyone should benefit.

• NEW Drastically improved launch times for customers with lots of investment history. A lot of the slowness was downloading and storing quotes which has been significantly optimized.
• NEW As part of this performance improvement, Quicken will now only download quotes for held securities, ignoring securities that are no longer owned. In the Securities list, we added a column, so you can see which securities are held. If you want to manage this yourself, you can turn this feature off and then a new column appears, so you can select which securities to update.
• NEW Switching to the investment view is significantly faster but drawing the chart can still take some time. By the way, you can hide the chart by dragging up on the bar between the chart and the portfolio table which also improves the overall performance of these views.
• NEW Switching from the Portfolio Value view to Performance view is a lot faster now.
• NEW Switching between different Groups in the Portfolio View now immediately update.

Improved report usability and functionality

• NEW The Comparison, Summary and Transaction reports created from New Report now display date range and customization settings in the upper right corner. This information also appears in printed and exported reports.
• NEW The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.
• NEW As part of refining this experience, column selection for transaction reports has been moved to the report toolbar.
• NEW The drill down report will now remember the columns chosen so that all future drill down reports will include the same columns.
• FIXED The Comparison, Summary and Transaction reports created from New Report will now export foreign and other special characters to the CSV file.

Continued refinement of investment portfolio view

• NEW The portfolio view can now be printed, exported to a CSV file, or copied and pasted into a spreadsheet.
• NEW The portfolio view now remembers which securities have been expanded and collapsed.
• NEW Added a way to expand all or collapse all securities. CTRL-click, or right-click, the portfolio view header to get to see these options.
• NEW Securities without a cost basis will now display an Add Cost Basis button that will bring up the dialog to cost basis information.
• NEW The number of shares column will now display more than 3 decimal places.
• NEW The Y-Axis now always starts at zero.

Better eBill support in Bills & Income

• NEW Changed the way track flow works. First, Quicken asks whether you want to add an eBill or manual bill. Second, if creating an eBill, Quicken will allow you to enter any name to search for an eBiller vs forcing you to pick an existing payee. You'll link the eBill to the payee later in the process.
• NEW Added an Add Payee option to the Payee screen.
• NEW Added a column to the Payees list window to more easily select which payees should appear in the Bills & Income screen.

General improvements across the product

• NEW Improved transaction downloads. Previously, downloading from Direct Connect accounts would block you from doing anything else. Now Direct Connect works like Quicken Connect accounts in that you can continue to use Quicken while downloading is happening in the background.
• NEW In the register, the name of the column being sorted will display more boldly in order to make it more obvious which column is being used to sort the register.
• NEW Also in the register, we now always display the balance regardless of the column being sorted. When not sorted by Date or CLR, the balance column will have an italicized, dark gray color to let you know the balance won't match your statement.
• NEW Updated the Column menu in the register to allow you to more easily hide and show columns. We also added a Reset to Default menu item to get back to the default for the current account.
• FIXED Fixed a number of bugs and stability issues.

I agree.  5.6 makes the portfolio graph totally useless starting at zero with a large value portfolio.  Just looks like a green blob with a nearly straight top - no detail at all.  Put it back the way is was.

Unknown

Since I got the update yesterday, I am no longer able to reconcile my credit cards due to bug.  When I select the option of "statement balance" instead of online balance it always show the current online balance as the starting balance instead of the last statement balance - as such the feature is now completely broken.   Please fix!

Unknown

RickO said:

And here are the detailed release notes:

Improved application performance

In 5.6, we focused on improving app performance. Customers with years and years of investment transactions were the most impacted so we zeroed our efforts around investments, but everyone should benefit.

• NEW Drastically improved launch times for customers with lots of investment history. A lot of the slowness was downloading and storing quotes which has been significantly optimized.
• NEW As part of this performance improvement, Quicken will now only download quotes for held securities, ignoring securities that are no longer owned. In the Securities list, we added a column, so you can see which securities are held. If you want to manage this yourself, you can turn this feature off and then a new column appears, so you can select which securities to update.
• NEW Switching to the investment view is significantly faster but drawing the chart can still take some time. By the way, you can hide the chart by dragging up on the bar between the chart and the portfolio table which also improves the overall performance of these views.
• NEW Switching from the Portfolio Value view to Performance view is a lot faster now.
• NEW Switching between different Groups in the Portfolio View now immediately update.

Improved report usability and functionality

• NEW The Comparison, Summary and Transaction reports created from New Report now display date range and customization settings in the upper right corner. This information also appears in printed and exported reports.
• NEW The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.
• NEW As part of refining this experience, column selection for transaction reports has been moved to the report toolbar.
• NEW The drill down report will now remember the columns chosen so that all future drill down reports will include the same columns.
• FIXED The Comparison, Summary and Transaction reports created from New Report will now export foreign and other special characters to the CSV file.

Continued refinement of investment portfolio view

• NEW The portfolio view can now be printed, exported to a CSV file, or copied and pasted into a spreadsheet.
• NEW The portfolio view now remembers which securities have been expanded and collapsed.
• NEW Added a way to expand all or collapse all securities. CTRL-click, or right-click, the portfolio view header to get to see these options.
• NEW Securities without a cost basis will now display an Add Cost Basis button that will bring up the dialog to cost basis information.
• NEW The number of shares column will now display more than 3 decimal places.
• NEW The Y-Axis now always starts at zero.

Better eBill support in Bills & Income

• NEW Changed the way track flow works. First, Quicken asks whether you want to add an eBill or manual bill. Second, if creating an eBill, Quicken will allow you to enter any name to search for an eBiller vs forcing you to pick an existing payee. You'll link the eBill to the payee later in the process.
• NEW Added an Add Payee option to the Payee screen.
• NEW Added a column to the Payees list window to more easily select which payees should appear in the Bills & Income screen.

General improvements across the product

• NEW Improved transaction downloads. Previously, downloading from Direct Connect accounts would block you from doing anything else. Now Direct Connect works like Quicken Connect accounts in that you can continue to use Quicken while downloading is happening in the background.
• NEW In the register, the name of the column being sorted will display more boldly in order to make it more obvious which column is being used to sort the register.
• NEW Also in the register, we now always display the balance regardless of the column being sorted. When not sorted by Date or CLR, the balance column will have an italicized, dark gray color to let you know the balance won't match your statement.
• NEW Updated the Column menu in the register to allow you to more easily hide and show columns. We also added a Reset to Default menu item to get back to the default for the current account.
• FIXED Fixed a number of bugs and stability issues.

I agree; who thought that the chart starting at zero was a good idea?

Mike Lane

Mike Lane said:

Still watching for a correct to the traded options display.  The options cost basis on portfolio view is 100 times the entry in transaction view.  Transactions are entered cost per option.  After entry each option converts to 100 shares each.  The cost in transaction is adjusted.  However in portfolio the shares are multiplied by the option price. A $300 cost becomes $30,000 cost.  I don't enter options anymore until the contracts are closed or expire.  Disappointed again but appreciate the other improvements. 

I hid the portfolio value graph and can't reopen it. I cursor over the space where it is hidden and cursor changes to a line with a down arrow.  When I click and hold to drag down the security list to expose the graph it does not open the graph.  I did not hide the graph before the update so I don't know if this is update related.

Unknown

Mike said:

Investments - y-axis starting at zero. I do not like it. Put it back the way it was or include an option for zero or lowest value.

Bank of America.  Do I have to set it up with 2 step authentication in Quicken?  I started off with just username and password initially and just switched to 2 step with the bank.  Is there something I have to change in quicken now.  Otherwise, I have to go through the steps of changing Username and Password to get to the code entry option.

Mike Lane

Mike Lane said:

Still watching for a correct to the traded options display.  The options cost basis on portfolio view is 100 times the entry in transaction view.  Transactions are entered cost per option.  After entry each option converts to 100 shares each.  The cost in transaction is adjusted.  However in portfolio the shares are multiplied by the option price. A $300 cost becomes $30,000 cost.  I don't enter options anymore until the contracts are closed or expire.  Disappointed again but appreciate the other improvements. 

Problem solved. I click and drag and wait before releasing mouse.  There is a delay in updating the graph.  Probably related to the number of transactions I have.  If I release too soon nothing happens.  Again I did not try this before this version.

DrGForce

s2kdriver said:

Very nice printing improvements for the Portfolio view - thank you.  I particularly like the CSV export capability to format the report in Excel according to personal needs.  This is a good addition.

However, I am disappointed that two major issues still remain in the investments area:

1. Remove shares is still treated as a capital loss, and this negatively affects the Performance measurements (IRR, ROI) and the capital gains report.  From my perspective this is a major defect since Remove shares and Add shares is Quicken's recommended method to move shares between accounts, and is also the mechanism to handle security exchanges within an account.  This defect can turn a positively performing security and account into a loss position, and as a result the performance measurements for the account can go permanently negative because of this.  It makes IRR & ROI measurements permanently useless for that security and account, as well as impacting performance roll-ups at the Brokerage, Retirement, and Education investment category levels.

2. Adjusted Cost Base (or average cost) has not been added as a cost basis method for securities.  FIFO and LIFO are not valid cost basis methods for Canadian taxpayers. Other Canadian features in the product have been very good so far, but this remaining issue is a real limiter.  Unless you take extreme measures to manually calculate and implement an ACB method using the custom lots feature, the product does not report correct gain/loss amounts.  Canadian users typically have to calculate their cost base using other methods outside of the product (e.g. Excel).  This is a shame and removes value from the product for Canadian users.  I don't think I am alone in this request.

Perhaps there was insufficient time to deal with these issues in the 5.6 release.  I am still hopeful that Quicken will address these problems within a reasonable time as part of upcoming releases.

So is it possible to move investment transactions from one account to another? Like you can with cash transactions? This is a really useful feature when you consolidate investment accounts or roll a 401k into an IRA. 

Unknown

dktenor said:

Sync with Quicken Mobile is changed
I thought that the sync was broken.  All of the sudden my Cash account and one Savings account stopped appearing on Quicken Mobile.

In Mobile Preferences (on the desktop version) there is now a list of accounts to be synced over to Mobile.  Once I checked on my manual accounts (cash, savings account) - voila they all appeared.

Doug

I have the sync issue where some of my accounts are not showing up on the mobile version. I am coming from 5.5.7 and the accounts are checked in the desktop version.

Mike Lane

s2kdriver said:

Very nice printing improvements for the Portfolio view - thank you.  I particularly like the CSV export capability to format the report in Excel according to personal needs.  This is a good addition.

However, I am disappointed that two major issues still remain in the investments area:

1. Remove shares is still treated as a capital loss, and this negatively affects the Performance measurements (IRR, ROI) and the capital gains report.  From my perspective this is a major defect since Remove shares and Add shares is Quicken's recommended method to move shares between accounts, and is also the mechanism to handle security exchanges within an account.  This defect can turn a positively performing security and account into a loss position, and as a result the performance measurements for the account can go permanently negative because of this.  It makes IRR & ROI measurements permanently useless for that security and account, as well as impacting performance roll-ups at the Brokerage, Retirement, and Education investment category levels.

2. Adjusted Cost Base (or average cost) has not been added as a cost basis method for securities.  FIFO and LIFO are not valid cost basis methods for Canadian taxpayers. Other Canadian features in the product have been very good so far, but this remaining issue is a real limiter.  Unless you take extreme measures to manually calculate and implement an ACB method using the custom lots feature, the product does not report correct gain/loss amounts.  Canadian users typically have to calculate their cost base using other methods outside of the product (e.g. Excel).  This is a shame and removes value from the product for Canadian users.  I don't think I am alone in this request.

Perhaps there was insufficient time to deal with these issues in the 5.6 release.  I am still hopeful that Quicken will address these problems within a reasonable time as part of upcoming releases.

I have moved securities from 401k to IRA.  As I remember, I transferred the holdings "in Kind" which is a transfer of the actual stock without selling it and rebuying.  Then when I downloaded data from both accounts I got placeholder transactions for ADD Shares and REMOVE Shares. I entered the cost basis and date acquired in the transaction. 

smayer97

RickO said:

The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.

This is a vast improvement. However, we still need in the Tags section a *No Tag* item in the list. As it is, there is no way to filter for transactions that have either one specific tag OR are untagged.Just FYI, in case it gives you any ideas for how to tweak the dialogue box, this is how it looks in QM2007, where the 'All' button places a checkmark next to ALL the categories (tags, payees, etc as applicable), 'None' removes all the checkmarks, and of course there is the -No Category- (or -No tag-, etc) also shown at the top:

smayer97

RickO said:

And here are the detailed release notes:

Improved application performance

In 5.6, we focused on improving app performance. Customers with years and years of investment transactions were the most impacted so we zeroed our efforts around investments, but everyone should benefit.

• NEW Drastically improved launch times for customers with lots of investment history. A lot of the slowness was downloading and storing quotes which has been significantly optimized.
• NEW As part of this performance improvement, Quicken will now only download quotes for held securities, ignoring securities that are no longer owned. In the Securities list, we added a column, so you can see which securities are held. If you want to manage this yourself, you can turn this feature off and then a new column appears, so you can select which securities to update.
• NEW Switching to the investment view is significantly faster but drawing the chart can still take some time. By the way, you can hide the chart by dragging up on the bar between the chart and the portfolio table which also improves the overall performance of these views.
• NEW Switching from the Portfolio Value view to Performance view is a lot faster now.
• NEW Switching between different Groups in the Portfolio View now immediately update.

Improved report usability and functionality

• NEW The Comparison, Summary and Transaction reports created from New Report now display date range and customization settings in the upper right corner. This information also appears in printed and exported reports.
• NEW The report customization dialog has been simplified to have 2 basic settings: 1) Include any account, category, tag, or payee or 2) Include only selected accounts, categories, tags or payees. Previously it was not obvious what would happen if all accounts, categories, tags, or payees were selected.
• NEW As part of refining this experience, column selection for transaction reports has been moved to the report toolbar.
• NEW The drill down report will now remember the columns chosen so that all future drill down reports will include the same columns.
• FIXED The Comparison, Summary and Transaction reports created from New Report will now export foreign and other special characters to the CSV file.

Continued refinement of investment portfolio view

• NEW The portfolio view can now be printed, exported to a CSV file, or copied and pasted into a spreadsheet.
• NEW The portfolio view now remembers which securities have been expanded and collapsed.
• NEW Added a way to expand all or collapse all securities. CTRL-click, or right-click, the portfolio view header to get to see these options.
• NEW Securities without a cost basis will now display an Add Cost Basis button that will bring up the dialog to cost basis information.
• NEW The number of shares column will now display more than 3 decimal places.
• NEW The Y-Axis now always starts at zero.

Better eBill support in Bills & Income

• NEW Changed the way track flow works. First, Quicken asks whether you want to add an eBill or manual bill. Second, if creating an eBill, Quicken will allow you to enter any name to search for an eBiller vs forcing you to pick an existing payee. You'll link the eBill to the payee later in the process.
• NEW Added an Add Payee option to the Payee screen.
• NEW Added a column to the Payees list window to more easily select which payees should appear in the Bills & Income screen.

General improvements across the product

• NEW Improved transaction downloads. Previously, downloading from Direct Connect accounts would block you from doing anything else. Now Direct Connect works like Quicken Connect accounts in that you can continue to use Quicken while downloading is happening in the background.
• NEW In the register, the name of the column being sorted will display more boldly in order to make it more obvious which column is being used to sort the register.
• NEW Also in the register, we now always display the balance regardless of the column being sorted. When not sorted by Date or CLR, the balance column will have an italicized, dark gray color to let you know the balance won't match your statement.
• NEW Updated the Column menu in the register to allow you to more easily hide and show columns. We also added a Reset to Default menu item to get back to the default for the current account.
• FIXED Fixed a number of bugs and stability issues.

Quicken Marcus already indicated it will be restored to the way it was. See down below in this same thread:
https://getsatisfaction.com/quickencommunity/topics/quicken-for-mac-2018-v5-6-x-released?topic-reply...

(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)

smayer97

Mike Lane said:

Still watching for a correct to the traded options display.  The options cost basis on portfolio view is 100 times the entry in transaction view.  Transactions are entered cost per option.  After entry each option converts to 100 shares each.  The cost in transaction is adjusted.  However in portfolio the shares are multiplied by the option price. A $300 cost becomes $30,000 cost.  I don't enter options anymore until the contracts are closed or expire.  Disappointed again but appreciate the other improvements. 

This suggests that the cursor position is not registered until after the graph is drawn... I believe this should be changed to capture that info without having to wait.

smayer97

s2kdriver said:

Very nice printing improvements for the Portfolio view - thank you.  I particularly like the CSV export capability to format the report in Excel according to personal needs.  This is a good addition.

However, I am disappointed that two major issues still remain in the investments area:

1. Remove shares is still treated as a capital loss, and this negatively affects the Performance measurements (IRR, ROI) and the capital gains report.  From my perspective this is a major defect since Remove shares and Add shares is Quicken's recommended method to move shares between accounts, and is also the mechanism to handle security exchanges within an account.  This defect can turn a positively performing security and account into a loss position, and as a result the performance measurements for the account can go permanently negative because of this.  It makes IRR & ROI measurements permanently useless for that security and account, as well as impacting performance roll-ups at the Brokerage, Retirement, and Education investment category levels.

2. Adjusted Cost Base (or average cost) has not been added as a cost basis method for securities.  FIFO and LIFO are not valid cost basis methods for Canadian taxpayers. Other Canadian features in the product have been very good so far, but this remaining issue is a real limiter.  Unless you take extreme measures to manually calculate and implement an ACB method using the custom lots feature, the product does not report correct gain/loss amounts.  Canadian users typically have to calculate their cost base using other methods outside of the product (e.g. Excel).  This is a shame and removes value from the product for Canadian users.  I don't think I am alone in this request.

Perhaps there was insufficient time to deal with these issues in the 5.6 release.  I am still hopeful that Quicken will address these problems within a reasonable time as part of upcoming releases.

That is a reasonable work-around. That said, You can add your VOTE to Add Ability to Transfer Shares between Investment Accounts.

First, click on the underlined link above to go there, then click VOTE at the top of THAT page, so your will vote count for THIS feature and increase its visibility to the developers by seeking to have the features you need or desire end up in the latest version.

While you are at it, you may want to add your VOTE to related IDEAS found on the List of Requests Related to Investments. Click on the underlined link, then follow the instructions to add your vote to more related ideas. Your VOTES matter!

(If you find this reply helpful, please be sure to click "Like", so others will know, thanks.)