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Adjusting stock cost basis

CaptainMurray

One stock with 100's transactions has finally been sold (zero quantity). I still have $97 as a cost basis on the reports. Is there a way to zero out this cost and not update any cash balance?

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NotACPA

Which report is showing this?

CaptainMurray

Portfolio Value, subtotaled by account, sort by security.

Report Cost Basis Gain/Loss Balance
Cash $0.06 $0.00 $0.06
Total $97.82 $97.76 $0.06
$0.06 agrees with brokerage statement as to the balance in this account.

The account in Quicken shows $0.06 as Cash Balance and Total Market Value.

CaptainMurray

Spacing on the above columns didn't work

Bob_L

For the final transaction eliminating the position, did you use the option to sell all shares as opposed to selecting specific lots? If so, that can sometimes leave stuff behind so redoing the final transaction might help.

CaptainMurray

Thanks for the reply. Share balance is zero, it is just the remaining cost that is causing reports to be off. I can't ignore this stock as it is in other accounts also.

Bob_L

But did you use sell all shares?

CaptainMurray

I just used the sell all shares. It removed all shares and put it in the Cash Balance. There I backdated a cash adjustment. Thanks for your help solving this issue.

One other issue I just saw is where the same report is listing the same stock symbol 2 times. Have you run into this before?

Thanks for your help.

CaptainMurray

Found the issue, a downloaded shortsell.

Thanks again for your help.

Bob_L

No I have not seen that. Maybe others have so posting a screen shot may get some responses.