How to adjust cost basis

I have a long-term held stock that I want to change the cost basis for so it will match the brokerage statement. Is there a way to adjust the basis assigned to the security in Quicken? The cost is allocated in two Lots, each with it's own separate stock price. Since both lots are long term I'm thinking (yes, dangerous) it won't mater if they do not remain separated into two lots. Any suggestions will be greatly appreciated. Thank you

Best Answer


  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Cost basis, as recorded in Q, and that number at your brokerage probably got out of whack when you sold a part of the security ... and your broker recorded the sale from 1 lot (most likely, FIFO) and you recorded the sale from the other lot.
    SO, I'd first go back and look at any sale transactions and adjust what Lots, in Q, you recorded them as coming from.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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