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How to resolve an investment account whose balance does not match the holdings total?

smmurnane

The total showing for an investment account is incorrectly less than the respective holdings balance which is correct. How can I correct this?

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Jim_Harman

These numbers are displayed in several places in Quicken. Where are you looking when you see different amounts?

smmurnane

I am comparing the balance in the account bar with the balances in the transaction details total and holdings total view of the respective investment. The Account Bar is incorrect by a significant % (apprx. 40% less)

Jim_Harman

Does the account have a linked checking account? If so, any cash in the account will be shown there.

smmurnane

No, the account does not have a linked checking account

Ps56k2

Most investment accounts have 3 line items -

- Securities Value
- Cash Value
- Market Total

which of these are not matching.... and where

smmurnane

I have the following three balances:
1. Investing balance (on the sidebar)
2. Transaction view balance
3. Holdings view balance
The transaction view and holdings view balances are correct and equal each other. The Investing balance does not equal the other two balances and is incorrect.

Jim_Harman

Click on the gear at the top right of the Account bar. Make sure Show current balance is selected. If Show ending Balance is selected, the Account bar will show the last balance in the account, including any future dated transactions. Does that explain the discrepancy you are seeing?

smmurnane

"Show Current Balance" was selected. Therefore this does not explain the discrepancy.

Jim_Harman

Have you done a File > Validate and Repair > Validate file? Does that resolve the issue?

smmurnane

I had previously run validate and repair to no avail.
I have, however, solved the error. I had previously (over a decade ago) had the investment account connected to a cash account. This became problematic so I discontinued it. The transactions that had been entered using the cash account represented the difference. They were listed in the transaction view under the cash column (but no value in the Amount Invested column). I deleted each of these transactions and now all is in synch.
Thanks for your help.