Quicken not adding/totaling cost bases correctly

GregCoben
GregCoben Member
edited January 23 in Investing (Windows)
A mutual fund has capital gains reinvested. The original value, and the reinvested values, appear in the transaction history. There are no hidden transactions. No lots have ever been sold. Therefore, the total cost basis should be the sum of the original value and all of the capital gains reinvested values. Yet when I do a manual validation, Quicken's total cost basis is off by 2.2%! And my manual validation matches the financial institution's amount to the penny.
This is just simple addition. No excuse for the software not being able to add numbers correctly. Makes me wonder what else in the software is messed up.

Comments

  • Tom Young
    Tom Young SuperUser ✭✭✭✭✭
    Maybe try deleting the reinvestment transaction and entering it manually?  Generally Quicken, like most computer programs, can add properly.  There are only two transactions in the Account, one initial purchase and one capital gains reinvestment?
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