Balances do not agree

dmaas
dmaas Quicken Mac Subscription Member ✭✭

The balance shown in the main window of a brokerage account is n, a positive number. The balance shown in the sidebar for the same account is -37n, a negative number. In other words, the balances are very far apart. The balance in the main window is closer to being correct. Why do they not agree?

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Best Answer

  • MontanaKarl
    MontanaKarl Quicken Mac Subscription Member, Mac Beta Beta
    Answer ✓

    The investment account Transactions window (register) balance is the cash balance in a brokerage account. At the top of any of the three investment account tabs (dashboard, portfolio or transaction), there is also a "Market Value as of Today" value… which is not a balance, but a valuation. THAT value should match what shows in your sidebar most of the time, certainly if "Online Balance" is the sidebar prefererence. If you have 'Projected Balance" selected for the sidebar, then they may differ, depending on scheduled and manually entered transactions.

    If you look at the Porfolio view for this account, do the holdings, including number of shares for each, exactly match your online account?

    Quicken user since 1990, MacBook Pro M2 Max on Sonoma 14.7.1

Answers

  • MontanaKarl
    MontanaKarl Quicken Mac Subscription Member, Mac Beta Beta
    Answer ✓

    The investment account Transactions window (register) balance is the cash balance in a brokerage account. At the top of any of the three investment account tabs (dashboard, portfolio or transaction), there is also a "Market Value as of Today" value… which is not a balance, but a valuation. THAT value should match what shows in your sidebar most of the time, certainly if "Online Balance" is the sidebar prefererence. If you have 'Projected Balance" selected for the sidebar, then they may differ, depending on scheduled and manually entered transactions.

    If you look at the Porfolio view for this account, do the holdings, including number of shares for each, exactly match your online account?

    Quicken user since 1990, MacBook Pro M2 Max on Sonoma 14.7.1

  • dmaas
    dmaas Quicken Mac Subscription Member ✭✭

    Thank you MontanaKarl! In following your instructions, I came upon a transaction that was throwing the balance off. I corrected it and all is well now.

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