How do I reverse a Corp Merger that I did incorrectly??

Chops

I just entered a Corp Merger (Stock for Stock) and obviously did something incorrectly.  The value of my account holdings went up by over 1 Million Dollars.  I hit cancel, but it would not stop recomputing.......Now, how do I reverse that entry?????  Running Quicken 2018

volvogirl

Do you have a backup from before you can restore?

Chops

No.....I had did a whole bunch of entries and then did the Merger......The one I have would be months ago.  I was going to do a back up when I was done reconciling my investment accounts.......

mshiggins

Chops said:

No.....I had did a whole bunch of entries and then did the Merger......The one I have would be months ago.  I was going to do a back up when I was done reconciling my investment accounts.......

By default, Quicken makes automatic copies every few times you use the program. Have you looked in the Backup folder?

q_lurker

QW2018 should have generated a Remove Shares transaction, and a series of Add Shares transactions, all dated the same date that you entered for the merger. Delete all those transactions and the basic effect of your error should be gone (as best I recall off the top).

Chops

This solution works!  Now all I have to do is figure out how to use the Corp. Merger window.....I obviously did something wrong!  Thank you  to all 3 of you who answered and offered solutions so timely.  I learned something I didn't know from each of you!

mshiggins

Chops said:

This solution works!  Now all I have to do is figure out how to use the Corp. Merger window.....I obviously did something wrong!  Thank you  to all 3 of you who answered and offered solutions so timely.  I learned something I didn't know from each of you!

If you let us know the companies involved in the merger, we can give exact directions for filling out the merger transaction in Quicken.