Transferring Transactions from a Quicken account to another Quicken account

howiep

Vanguard required setting up new Brokerage accounts. Converted those and the new accounts were established. I still have the old Vanguard accounts in Quicken. The new accounts only show that the securities were transferred. Is there a way I can transfer all transactions from the old Quicken account to the new Quicken account?

jacobs

If you are using the current Quicken 2019 version 5.11, the answer is yes. This is, in fact, the newest feature added to Quicken Mac just this month:

In 5.11, we've added a new feature that allows you to transfer one security or all your securities from one account to another. By using this feature, Quicken will automatically create Remove and Add Share transactions in the respective accounts and maintain the cost basis information from one account to the other. Add a transaction as you normally would in your investment account and select Transfer Shares in the transaction type to start the process or click on the Transfer Shares button in the Remove Shares form.

RickO

If I understand it correctly, the new Transfer Shares feature doesn't move all the transactions. It instead creates Move Shares transactions with aggregated cost basis info, but not all the detail. You would still need to keep the old account around if you want access to transaction detail.

Or, you could do as you describe... just change the old account number to new. I would disable downloads for both old and new before doing this, then re-enable for the old one using the new account number. You may have a few duplicates to remove, but it should work.

jacobs

If you are using the current Quicken 2019 version 5.11, the answer is yes. This is, in fact, the newest feature added to Quicken Mac just this month:

In 5.11, we've added a new feature that allows you to transfer one security or all your securities from one account to another. By using this feature, Quicken will automatically create Remove and Add Share transactions in the respective accounts and maintain the cost basis information from one account to the other. Add a transaction as you normally would in your investment account and select Transfer Shares in the transaction type to start the process or click on the Transfer Shares button in the Remove Shares form.

howiep

Thanks for the reply. I have seen the feature you addressed. Since there are years of transactions in the old account, is it a good idea to transfer the shares in the NEW account BACK to the OLD account, and then change the OLD account number to the NEW one? Then I could disable the download capability of the NEW account and be done. How does that sound to you? The other way to do this might be to first disable the NEW account, change the account number of the OLD account and try a download.

RickO

If I understand it correctly, the new Transfer Shares feature doesn't move all the transactions. It instead creates Move Shares transactions with aggregated cost basis info, but not all the detail. You would still need to keep the old account around if you want access to transaction detail.

Or, you could do as you describe... just change the old account number to new. I would disable downloads for both old and new before doing this, then re-enable for the old one using the new account number. You may have a few duplicates to remove, but it should work.

howiep

Thanks for your input. I will give it a try using your advise and let you know.