Why is it so difficult to accept and update investment transactions - lot assignment

S M

I download account activity from my investment account. Accept downloaded transactions will not accept all transactions. Many (many!) of them I have to go in and individually specify to select lots based on First In. Quicken should have ability to set a rule, "Always accept transactions based on First In". It takes 10 to 15 seconds to edit and update each one, which means a very long time to update a busy month of transactions.

C'mon, please, is there a solution to make "First In" a default condition for accepting investor account sell transactions?

Boatnmaniac

Quicken has that feature.  You need to go to Edit > Preferences > Downloaded transactions > check Settings for "Lot assignment after investment download" > select the account > check the box for "Automatic Assignment instead of prompting on Accept" > tick "Quicken Default (First Shares In for Equities)" > OK.  When transactions are downloaded, click on "Accept All" and Sell lot assignments will be done automatically and all transactions will be entered into the register.

Boatnmaniac

Quicken has that feature.  You need to go to Edit > Preferences > Downloaded transactions > check Settings for "Lot assignment after investment download" > select the account > check the box for "Automatic Assignment instead of prompting on Accept" > tick "Quicken Default (First Shares In for Equities)" > OK.  When transactions are downloaded, click on "Accept All" and Sell lot assignments will be done automatically and all transactions will be entered into the register.

S M

Good, thanks. The Default (First Shares) was working - and the Preferences setting to Automatic fixed the problem for me.