Broker download

rmartel

My broker download a reinvestment stock as 3 transactions. 
    1 a dividend transaction that adds the amount to cash
     2 a withdraw transaction removing the dividend amount from cash
     3 a Added transaction for the amount of shares purchased.
The added shares do not have a cost associated with it.

My other brokerage accounts downloads 1 transaction as a Reinvestment and the shares do have a cost associated with it.

Rocket J Squirrel

Jim_Harman said:

The second two transactions are wrong and you should delete them and replace them with a Bought of the number of shares in transaction 3 with the total amount of transaction 2.

Not if the OP wants consistency across both brokerages and comparable investment calculations.

NotACPA said:

OR, delete the last 2 transactions and change the 1st to a Div Reinvest transaction, using the number of shares from transaction 3

This is the best course of action for @rmartel , whose other brokerage properly sends Reinvestment transactions. Handling both brokerages the same way will provide consistent tracking of Amount Invested and Return statistics.

Jim_Harman

The second two transactions are wrong and you should delete them and replace them with a Bought of the number of shares in transaction 3 with the total amount of transaction 2.

If your broker does this consistently, I am afraid your only recourse is to work with their tech support to try to get them to fix their interface to Quicken.

NotACPA

OR, delete the last 2 transactions and change the 1st to a Div Reinvest transaction, using the number of shares from transaction 3

Rocket J Squirrel

Jim_Harman said:

The second two transactions are wrong and you should delete them and replace them with a Bought of the number of shares in transaction 3 with the total amount of transaction 2.

Not if the OP wants consistency across both brokerages and comparable investment calculations.

NotACPA said:

OR, delete the last 2 transactions and change the 1st to a Div Reinvest transaction, using the number of shares from transaction 3

This is the best course of action for @rmartel , whose other brokerage properly sends Reinvestment transactions. Handling both brokerages the same way will provide consistent tracking of Amount Invested and Return statistics.