Why does the market value of my investment account show as negative

Question

I have the correct cash balance which is zero and I managed to get that right.  I reconciled the account and all the reinvestment done by my broker is properly recorded but the market value shows as negative (red) when in fact the market value should be black. The sum of the cash balance and the market value is the correct value of the account IF I ignore that he market value is red.  I have no idea what I am doing wrong

Calm_Zen_Guy · Answer

To NotACPA

Here is a shot of one transaction.

tempsnip.png

Calm_Zen_Guy · Answer

To Jim_Harman

Transaction 1 - I have an opening cash balance of 0.00

Transaction 2 -  transfer of $XX from our bank account which Quicken recorded as a "Transfer" under the Cash Amt Column.  The Cash Bal went up by $XX and the Inv. Amt shows +$XX

Next transaction is Bought Mutual Fund at SHARE# @ $PRICE (per the investment fund staatement.  The Share Balance is SHARE#  Inv Amt is +$XX and the Cash Amt is shows -$XX and the Cash Bal = 0.00

Holdings show teh current share price - the current number of shares - both positive and the negative market value I shared previously and a positive cost basis.

I am scratching my head!

NotACPA · Answer

Can you please show us any 1 purchase transaction in the account?  I suspect that resolving your chosen sample will also resolve the remaining securities.