Investment Cash Value Doubled on Updates

!henrisahut
!henrisahut Quicken Windows Subscription Member ✭✭
edited February 29 in Investing (Windows)

Using Simple Investment tracking of 401/403. Every time I accomplish a download the cash value is doubled in each account. I then update the cash value to zero. Then the cash value is correctly reflected to the same as the online account. The investment is fully invested by the company from day one. So why is it doubling the cash value?

Comments

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    IsIs this a Fidelity NetBenefits account?

    If so, this is a well known and longstanding problem.

    QWin Premier subscription
  • !henrisahut
    !henrisahut Quicken Windows Subscription Member ✭✭
    edited January 28

    Yes they are Fidelity Benefits 401/403 accounts I am tracking using Quicken Simple Investment Tracking. Where using Simple Investment tracking of 401/403 accounts doubles cash value is doubled in each account. I then update the cash value to zero. Then the cash value is correctly reflected to the same as the online account. The investment is fully invested by the company from day one. So why is it doubling the cash value? I witched to simple tracking with Fidelity because the full investment tracking kept downloading unidentified transactions which caused balance issues. Qucken Relation and investment tracking has a lot of issues that you must manually deal with after each download.

This discussion has been closed.

Categories