How to reconcile all transactions in investment registers?

Natarajan
Natarajan Member ✭✭
Open the investment register. Open settings. Choose "Edit Multiple transactions." Choose "select all" and "Reconcile" All transactions are reconciled now.

Best Answer

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    To echo what @Jim_Harman said what you are suggesting isn't "reconciling" at all.

    Reconciling is the process of ensuring that your records in Quicken and what the financial institution has are in agreement.

    What you are doing doesn't ensure that at all.
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Answers

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    That marks them as Reconciled. It does not compare the share balances or cash balance to the data downloaded from your financial institution.

    To compare your share balances to the FI's data, click on the gear at the top right of the transaction list (register) and choose Reconcile shares.
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  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    To echo what @Jim_Harman said what you are suggesting isn't "reconciling" at all.

    Reconciling is the process of ensuring that your records in Quicken and what the financial institution has are in agreement.

    What you are doing doesn't ensure that at all.
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    This is my website: http://www.quicknperlwiz.com/
  • Natarajan
    Natarajan Member ✭✭
    I am fine with it because I do not download data from the financial institution but enter them manually. I have been doing this for decades. Not only that, but I do this immediately when there is a transaction, instead of waiting for the financial institution to post them five days later.
  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Yes, with that said, then what you are doing is fine.
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    This is my website: http://www.quicknperlwiz.com/
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