How do I merge securities?

Question

I was prompted to have Quicken update my securities names but it didn't update all of them.  I used the AI help and it said there was a way to merge two securities.  The only problem is that it doesn't work.

Is it actually possible to do this?

Quicken Classic Premier vR54.16 Build 27.1.54.16

fp · Answer

There seem to be new significant problems with duplicate security creation. In the past month, Q has created duplicate securities when I download transactions. I am asked to "Add this security to Quicken" even though it is already there ( And Q does not recognize it). Click OK and I get "you already have a security with that name"

I Currently have FOUR securities with the symbol FCX all with slightly different names ( I had to change the name to get Q to accept it) As the sales and purchases are now on another security,I have a short position of 700 shares and a long position o 1100 shares

I have tried to merge them but it toggles back and forth to the new one without asking if I want to merge them.

This has happened with other securities but not to this degree

Windows 10  R55.26  27.1.55.26

NotACPA · Answer

If your version of Q has this investment action … how about a  1:1 Corporate Acquisition of one "security name" by the  other?

jbethgoss · Answer

This method of "merging securities" is unsatisfactory for Windows users, since it involves too many one-by-one transaction edits. The new security name was created from downloaded transactions when the brokerage changed the name identifier. The new transactions with the new security name cannot be made to be continuous with the old transactions with the old security name. This shouldn't be as difficult an edit in Quicken.