Bug: Schwab stock splits downloaded/entered into Quicken as "Add Shares"
CSX had a 3:1 stock split on 6/28/2021. The download from Charles Schwab into both QMac and QWin comes in as an "Add Shares" transaction instead of a "Stock Split" which is a serious bug.
The "Add Shares" does add the correct number of shares, so total shares is correct - but those shares are added with a cost basis of zero which is wrong and will mess up and future sales / capital gains. The original cost basis for each basis lot has to be split across all post-split shares.
I have to manually edit each downloaded "Add Shares" transaction to change it to a "Stock Split" for the correct ratio (3:1 in this case) to get Quicken to have the split date correctly represented.
Is this bug on Schwab's side of things? (Possible since it happens in both QMac and QWin.). If so, can Quicken get Schwab to fix things on their end?
Or is it a Quicken bug in not recognizing the way that Schwab encodes a split transaction and thus processing it incorrectly?