I simply want to adjust investment accounts to market value quarterly

jc61 Member
edited August 2021 in Investing (Windows)
I don't want to see all the transactions in my brokerage/investment accounts. I just want to adjust to market value after each quarter. I have been using "miscinc" and "miscexp" to adjust for gains and losses, which is fine, but is there a better way (which accomplishes my goal of only one transaction per quarter)?


  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Sell all securities in these accounts and buy a pseudo (of your creation) tracking security.  Set it's value to $1 and buy shares to equal the value when you want to begin this tracking.
    Use either Add Shares, or Remove Shares, once per quarter, to adjust your holding of this pseudo security.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Bob_L
    Bob_L SuperUser ✭✭✭✭✭
    Another option to consider is the Quicken feature:  "simple investing".  It just updates investment balances without transaction detail.  If interested I suggest you search the community to see what folks are saying about it.  I have never used it so cannot comment further.
    Quicken Premier Subscription, Windows 11 Home
  • JohnZ101
    JohnZ101 Member ✭✭
    Hi Jc61

    Here is what I do, which is exactly what you are asking about.

    Lets say you get the TD Ameritrade broker statement at 3/31 and it shows the following:

    12/31/2020 account value 100. Cash 10, value of securities 90
    3/31/2021 account value 130 Cash 22, value of securities 108
    Total change for quarter up 30.

    Cash Activity Summary per broker statement
    Beginning Cash 10
    Securities purchased -30 (this increases the beginning securities value)
    Securities sold 40 (this decreases the beginning securities value)
    Contributions to account 0
    Distributions from acct 0
    Income 6 (interest, dividends etc)
    Expense -4 (margin interest, fees for example)
    Ending Cash 22

    Here is what to do in Quicken:

    One time steps.

    1. Setup a new account that is a non cash Asset Account. (non cash assets not tied to any bank or brokerage account.) In this example, name the non cash account "TD Ameritrade" Note that you will not download anything from TD Ameritrade and summary activity is entered manually.

    2. Go to the account list and click on the TD Ameritrade Account. Enter the account value at the beginning of the year. Here it would have a value of 100 on 12/31/2020.

    3. Go to the category list and set up new categories as needed. Quicken already has Dividend income, interest income which you could use. I set up a new category called "Change in value of securities" as an income account.

    Here is what to do in quicken for the quarter.

    Each quarter enter two transactions in the TD Ameritrade account.

    Transaction 1 is the relevant cash transaction activity
    Transaction 2 is the change in value of securities

    Review the broker statement.

    Cash increased by 12 However the amount that already went to the securities is -30+40= +10. You only need to record in Quicken the cash items not impacting the securities value which is the income and expense of +6-4=+2

    Transaction 1
    a. Record a split transaction to record cash income activity. (this is the change in cash of +2)
    Dividend income +5
    Interest income +1
    Fees -4

    The split adds up to the +2 in cash not related to the securities.

    After transaction 1, quicken shows account balance at 102 (100 beg bal plus 2 cash).
    Total ending account value is 130 - 102= 28. The 28 is the change in the value of the securities.

    Transaction 2.
    a. Record a transaction in quicken for the Change in value of securities +28


    Here is the proof of the securities.
    Beginning securities 90
    Securities purchased +30
    Securities sold -40
    Securities total before change in value 80

    Change in value of securities 28
    Ending securities value 108

    After transaction 2 your quicken asset account looks like this.

    12-31-2020 Opening Balance 100
    03-31-2021 Cash Activity (split has categories) +2 102
    03-31-2021 Change in value of securities +28 130

    Alternatively, you could make this very simple and just record 1 transaction.
    Change in account value +30.

    However, I like to track the income and expenses separately to better understand what is happening.

    Transaction 3
    Lets say that on 4/10/2021 you took 5 out of checking and added it to TD Ameritrade.

    In your quicken checking account enter the payment of 5 and use the category [TD Ameritrade] for the transaction.

    Your quicken TD Ameritrade register now looks like this.

    12-31-2020 Opening Balance 100
    03-31-2021 Cash Activity (split has categories) +2 102
    03-31-2021 Change in value of securities +28 130
    04-10-2021 Deposit from checking +5 135

    Your broker statement will have the 5 Deposit from checking shown as a contribution or equivalent in the cash activity for the period. Since it is already in quicken from when you wrote the check you don't need to record this again at 6/30/2021. The rest works the same.

    Hope this helps.

    John Z