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Delete custom asset classes

Quicken recently automatically created two "custom" asset classes. (see attached) They are empty. How can I delete them? Thanks.
Refugee from Microsoft Money. Now resident of the latest Quicken Premier for Windows.
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Best Answers
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Boatnmaniac SuperUser ✭✭✭✭
@WindowFinance - If you use and previously set Target allocations on the Allocations screen of Investing, you will probably see that all of your previously set Targets are now showing 0% and that 100% is now entered for Unclassified. This happened when the Custom Asset Classes was implemented with R30.9. So, you will want to reenter your Target percentages as appropriate.Also, on this Allocations screen you should see only Asset Allocations that you have set target percentages for or for which there are securities that have been classified. There should be no "Custom#" Asset Classes shown unless a target for it has been set or a security has been assigned to it. If you see "Custom#" shown, delete the target percentage or find the security that has been assigned to it and in Edit Security Details you can change or delete its assigned Asset Class.(QW Premier Subscription: R31.5 on Windows 10)0 -
LexLuther Member ✭✭
> @Boatnmaniac said:
> @WindowFinance - If you use and previously set Target allocations on the Allocations screen of Investing, you will probably see that all of your previously set Targets are now showing 0% and that 100% is now entered for Unclassified. This happened when the Custom Asset Classes was implemented with R30.9.
This is good information. I just posted in another thread that my targets had disappeared, and restoring a database backup doesn't help. "you will want to reenter" .. actually, I don't want to reenter, but will if I could enter the target number I had there at last reallocation. Since I trusted Quicken to keep up with that info, that information seems to have been lost.1
Answers
> @WindowFinance - If you use and previously set Target allocations on the Allocations screen of Investing, you will probably see that all of your previously set Targets are now showing 0% and that 100% is now entered for Unclassified. This happened when the Custom Asset Classes was implemented with R30.9.
This is good information. I just posted in another thread that my targets had disappeared, and restoring a database backup doesn't help. "you will want to reenter" .. actually, I don't want to reenter, but will if I could enter the target number I had there at last reallocation. Since I trusted Quicken to keep up with that info, that information seems to have been lost.
> You can reenter the targets you had there at the last reallocation. Why do you think you cannot do that?
Thank you . I cannot do that because I don't remember what my target allocation was. Now I have to figure that out again.
The consequence of this incident is minor. However, this sloppy oversight is concerning because it may portend future sloppiness that may be more consequential.
> Yes, the deletion of the targets should not have happened.
That you are with me on the deletion issue (and the other impact of the flawed custom class implementation) leads me to take your post as well intentioned. I will say, though, that I don't need a clinic on asset allocation theory.
I do data analytics on performance relative to asset allocation, etc. and having the actual numbers I was using is important. I don't want to be reduced to "this is what I think it was". Shame on Quicken for not acknowledging this problem, and for not taking steps to warn the user to capture this data before upgrading. At the very least, they should publish steps that one can take to run a pre-R30 backup against a pre-R30 version of Quicken just to capture this information again.
I was also surprised that my allocation targets were wiped out by the recent update. I was saved by the fact that I periodically print the Portfolio Rebalancer page, which provides a nice one-page investment and allocation summary, including the targets.
Side note to newbies: It is generally unwise to open your current database file with a down level. However, I was working with a copy which was disposable after I got the info I needed from it.