Investments showing incorrectly for SIMPLE IRA

kylecallahan1

I've made regular Investments to a SIMPLE. The last three show up as CASH which is incorrect giving an incorrect market value. Have rebuilt the file - no change Cash should disappear and all be allocated to investment assets. It is a Vanguard fund.

Tom Young

" I have just been using the automated feature."

I expect this is the crux of the problem if you've been allowing Quicken to automatically enter transactions into your transaction list downloaded from the Financial Institution (FI) and/or automatically allowing Quicken to make placeholder entries into the Account.  If this is your situation then you're relying on the FI to download each and every transaction as a perfectly formatted Quicken entry, (they don't), and that the comparison between what the FI thinks you're holding in your account vs. what Quicken shows in it's Account, (that's how placeholder entries are created if the two don't match), is always accurate, (it isn't).

Since the account's only been open for 6 moths and since it sounds like all that's gone on in the account is cash flowing in followed by purchases of securities I'd suggest simply sitting down with the monthly statements and review each entry to see where things went awry.  Make sure that placeholders are being shown in the transaction list, (“Show hidden transactions” in Edit->Preferences->Investment transactions) and turn off automatic entry for the Account, (Edit/delete account > Online services).