Changing the "Type" of a Security (Q Mac)

QuickPeter
QuickPeter Member ✭✭
edited September 2019 in Investing (Mac)
I’d like to know if it is possible to change the “Type” of a Security.

Some years ago I created an account for a UK Government investment issued by HM Treasury and listed on the London Stock Exchange.
For some reason I classified this as a “Stock”.
I now feel that the correct classification should be “Bond”.

In Window/Securities when I click on the drop-down menu in “Type”, the “Bond” option is greyed-out. "Stock" is checked.

QuickPeter
Quicken for Mac 2017 Version 4.8.5 (Build 48.20176.100)

Comments

  • RickO
    RickO SuperUser, Mac Beta Beta
    Interesting. I spot checked a bunch of my stock securities and I can change them all to Bond. Perhaps there are some kind of transactions that aren't compatible in your file that are not in mine.

    Have you tried creating a new Bond security and then merging with the stock to see what happens?
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    @QuickPeter, @RickO  This change of security type apparently can be made in Quicken 2019, but not in Quicken 2017 which QuickPeter is running.

    Like RickO, I checked my file, and in Quicken 2019 when I open a stock, none of the other types are grayed out...



    ... but when I do the same thing in Quicken 2017, I see that Bond, US Savings Bond, and Index are grayed out:


    Quicken Mac Subscription • Quicken user since 1993
  • QuickPeter
    QuickPeter Member ✭✭
    jacobs & RickO, thanks for checking this out for me.
    I had better upgrade to Quicken 2019 then! Ha-ha.
    Thanks for those great screen-shots jacobs, very reassuring.

    I like to try the merging tip from RickO
    Would you mind letting me know the basic steps to take to do that please?

    QuickPeter
  • RickO
    RickO SuperUser, Mac Beta Beta
    In the Securities window, click on a security then command-click on a another to have both selected. Then there is a Merge Securities button at the bottom of the page.
    Quicken Mac Subscription; Quicken Mac user since the early 90s
  • QuickPeter
    QuickPeter Member ✭✭
    RickO, thanks that's helpful and seems straightforward.

    If the merge does not work as expected, can I "undo" it to get my original security account back i.e. the one incorrectly classified as "Stock"?

    QuickPeter
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    Make a backup copy of your data file before you try. The “undo” functionality in Quicken is pretty good, but I don’t know if you can undo a security merge.
    Quicken Mac Subscription • Quicken user since 1993
  • QuickPeter
    QuickPeter Member ✭✭
    jacobs, oh dear!
    When I pluck up the courage to try this, I will.
    In the meantime, I think I'll just live with the security description anomaly.
    Once again, thanks for your and RickO's advice.

    QuickPeter
This discussion has been closed.