How does one create transacton for a Corporate Acqusistion (merger) in Quicken 2021 for Mac

ANDREWTSUTPHIN

I recently purchased Quicken 2021 for Mac. There does not be an option in transactions in Quicken 2021 for Mac to account for a merger - Company A buys Company B is a stock for stock tax-free merger. I' wondering if anyone knows how to do this and keep the correct cost basis. Thank you.

Frankx

Hi @ANDREWTSUTPHIN

Unfortunately, Quicken Mac doesn't have the same features that Quicken Windows has for corporate mergers and other organizational transactions that companies sometimes engage in.  However, here's a LINK to another post in the Community - after you open it - page down to the last post (by "jz") and open the attachment which is titled "quicken for mac merger example and request for enhancement.pdf".  This a step-by-step workaround that a Quicken user put together to help other Quicken Mac users to record such transactions.  I have not had the need to use it (I am a Q Windows user) but this appears to be an excellent set of instructions.

Hope this helps.

Frankx

ANDREWTSUTPHIN

Frankx,

Thank you for your response, I am grateful.

I used Quicken 2007 for Mac which had all the Corporate Action transaction features - it's too bad nearly 15 years later Quicken 2021 for Mac has lost all these terrific features.

I went back and used Quicken 2007 for Mac to create a simulation - including the a merger where one receives cash in lieu of fractional shares.

Quicken 2007 for Mac was the best program for Mac users. It's unfortunate that 64-bit encryption will technologically obsolesce it. Perhaps, Quicken's new owners will answer the challenge to incorporate Quicken 2007's features across all Quicken 2021 platforms.

Thanks again!

Sincerely,

Andy

Frankx

Hi @ANDREWTSUTPHIN

Unfortunately, Quicken Mac doesn't have the same features that Quicken Windows has for corporate mergers and other organizational transactions that companies sometimes engage in.  However, here's a LINK to another post in the Community - after you open it - page down to the last post (by "jz") and open the attachment which is titled "quicken for mac merger example and request for enhancement.pdf".  This a step-by-step workaround that a Quicken user put together to help other Quicken Mac users to record such transactions.  I have not had the need to use it (I am a Q Windows user) but this appears to be an excellent set of instructions.

Hope this helps.

Frankx

ANDREWTSUTPHIN

Frankx,

Thank you for your response, I am grateful.

I used Quicken 2007 for Mac which had all the Corporate Action transaction features - it's too bad nearly 15 years later Quicken 2021 for Mac has lost all these terrific features.

I went back and used Quicken 2007 for Mac to create a simulation - including the a merger where one receives cash in lieu of fractional shares.

Quicken 2007 for Mac was the best program for Mac users. It's unfortunate that 64-bit encryption will technologically obsolesce it. Perhaps, Quicken's new owners will answer the challenge to incorporate Quicken 2007's features across all Quicken 2021 platforms.

Thanks again!

Sincerely,

Andy

Jerry Pagliari

Frankx, can you post that link again, please. I could use it too!