How do I split an account?

richard2

How do I split an account?  I want to move half of the stocks to a new separate account to monitor 

Jim_Harman

OK, despite our misgivings I guess you really want to move the stocks to a different account in Quicken.

To do that you would click on Enter transactions then for each security you want to move, pick Shares Transferred Between Accounts. This will create a Removed transaction in the old account and one Added transaction for each tax lot of the security in the new account. Be patient; this may take some time.

Note that after this operation downloading transactions into either account will cause errors because the securities in the accounts will not match the downloaded data.

Be sure to back up your data file first, in case you change your mind.

NotACPA

What Q product are you running?  What country? What Build/Release?

AND, in real life, did those stocks move to a new account also?

Q should ALWAYS mirror reality,  and  if you didn't make that move in real life you're going to have trouble with the new account .... such as a inability to download into it, since it doesn't exist in reality.

Greg_the_Geek

Edited title.

Jim_Harman

If your motivation for moving the stocks is just to monitor them and not because they are now actually in a different account, it would be less disruptive to make a customized report or portfolio view that includes just those securities and account.

Jim_Harman

OK, despite our misgivings I guess you really want to move the stocks to a different account in Quicken.

To do that you would click on Enter transactions then for each security you want to move, pick Shares Transferred Between Accounts. This will create a Removed transaction in the old account and one Added transaction for each tax lot of the security in the new account. Be patient; this may take some time.

Note that after this operation downloading transactions into either account will cause errors because the securities in the accounts will not match the downloaded data.

Be sure to back up your data file first, in case you change your mind.