Unable to reconcile Schwab investment account
tim.rohrer1
Quicken Mac Subscription Member ✭✭✭
I'm starting a new thread as it is probably not clear that my issue is not resolved.
Quicken is reporting an online balance (1/5/2023) of a Schwab IRA account that is more than $5,000 higher than the cash balance of that account when looking at it logged into Schwab (1/5/2023). It turns out the exact amount is equal to the balance including cash and a MMF which is not a sweep account. However, Quicken treats the MMF as a security in the register (which I believe is accurate).
Consequently, I'm not able to reconcile this account.
Why isn't the MMF being treated as another investment?
Quicken is reporting an online balance (1/5/2023) of a Schwab IRA account that is more than $5,000 higher than the cash balance of that account when looking at it logged into Schwab (1/5/2023). It turns out the exact amount is equal to the balance including cash and a MMF which is not a sweep account. However, Quicken treats the MMF as a security in the register (which I believe is accurate).
Consequently, I'm not able to reconcile this account.
Why isn't the MMF being treated as another investment?
Tagged:
0
This discussion has been closed.