Change Stock Split to Buy Shares
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wmz
Quicken Windows Subscription Member
How do I correct a transaction that shows as a Stock Split to Buy-Shares and enter the price paid?
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Comments
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Was there really a stock split on or about this date? Which company are we talking about?
If there was a split, it should remain a Stock Split transaction.
A Buy transaction would be incorrect under these circumstances, because you didn't really buy anything and no cash was involved. Potentially, one could record an Add Shares transaction, but, IMHO, a correctly entered Split is best.
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I've seen brokerage firms download "Add Shares" when a Split was actually the correct action.In which case I'd delete the downloaded transaction and use Q's Split function.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
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