Stock Splits

Question

Quicken doesn't seem to handle stock splits well.  What is the best way to add stock splits?  Placeholders or other method?

NotACPA · Answer

If a stock splits, it splits in ALL accounts.  There's no such thing as a "split in only one Quicken account".  Such simply doesn't make sense.Perhaps your broker is only downloading the "Shares Added" transaction (which is incorrect anyway) in a single account.If you'd name the stock, and the broker, we could provide more concrete advice ... but a Placeholder transaction is DEFINITELY the wrong way to go.

Rocket J Squirrel · Answer

@Paddy has 2 threads going on the same subject. My answer in the other thread is the same as @Jim_Harman's in this thread. https://community.quicken.com/discussion/7910293/when-i-add-stock-splits-to-one-account-it-adds-them-to-other-accounts-that-had-splits#latest

Paddy · Answer

It adds the stock splits that I added manually to the first account to all the accounts that had splits with the same values I added to the first account. All at once. So for example if account 1 had 100 before and 200 after, it adds that value to all my accounts. Is that working as designed? I am not sure. It seems weird.