Negative value for broker transactions - unable to create negative value

I trade options, and sometimes when an option expires in the money and gets exercised, the resulting transaction is a sell of the open option position at a sale price of zero, but with a commission. It appears that Quicken for Mac 2020 is unable to handle this type of transaction because it cannot create a negative value for a sale, even though that is exactly what is happening in such a transaction. For example, a call option is sold for free (zero value at expiration). The broker charges a commission of $5.80. The desired entry is a sale of the option from the portfolio with a negative net value of $5.80. That means the transaction results in a -$5.80 debit from the ledger, even though it is a sale transaction. The debit in effect is the commission, and in order for the accounting to be done correctly, that commission should be tied to the sale transaction. I've entered these transactions for many years in Quicken for Windows. Now with the MAC version, it appears I'm restricted to positive values for a sale. Any thoughts before I roll back to the Windows version? Seems the MAC version is not as capable.
1 votes

New · Last Updated


  • Quicken_Tyka
    Quicken_Tyka Alumni ✭✭✭✭
    Hello @rexarus

    Thank you for taking the time to visit the Community to post your issue, although I apologize that you haven't received a response.

    At this time, entering a negative amount as a sale type transaction is not supported in the Mac version.

    I have gone ahead and changed this to an Idea thread so that others may vote on adding this ability to the Mac version.

    To vote on the Idea, please navigate to the top of this post and click the up arrow to add your vote!

    Thank you,

    -Quicken Tyka
  • Quicken Anja
    Quicken Anja Moderator mod

    Hello All,

    This idea seems to have fallen stagnant and due to the age of the request and lack of user votes/comments, will be archived within the next 7 business days.

    If you would like to see this idea kept alive and considered for possible future implementation in Quicken, be sure to add your vote and a comment explaining how this idea would be beneficial for you.

    More information, including steps to vote and how to submit your own ideas for future product features/improvements, is also available here.

    Thank you,

    Quicken Community Support Team

    -Quicken Anja
  • smayer97
    smayer97 SuperUser, Mac Beta, Canada Beta ✭✭✭✭✭
    edited May 2021
    seems like an oversight and important capability, and a request for Windows parity...without it would at a minimum lead to errors in conversion from QWin, let alone not allowing dealing with the above use case.
    Have Questions? Help Guide for Quicken for Mac
    FAQs: Quicken Mac Quicken Windows Quicken Mobile
    Add your VOTE to Quicken for Mac Product Ideas

    Object to Quicken's business model, using up 25% of your screen? Add your vote here:
    Quicken should eliminate the LARGE Ad space when a subscription expires

    user since '92, STILL using QM2007)