Tracking Positions in Offline Accounts?

FI Wizard

QMac only provides "Simple (positions Only)" tracking of investments. I think I can live with that so long as I can track my positions (Security, shares, price, value) across all my accounts.

My regular brokerage account is "Connected" and provides all of the above. Problems arise when I try to add an "Offline" account such as my HSA or 529 accounts. These accounts always default to "Detailed (positions and transactions)" forcing me to create a manual register of transactions starting with a cash balance on a particular date. I cannot change from the default.

Is it not possible to create a "simple" + "offline" account where I manually input my holdings as of that day by security (#shares, price, value)? This owuld allow me to track performance and balance of my HSA that cannot connect to Quicken automatically. Even if I try to force the account's balance by creating a dummy transaction in the investment register with my accumulated balance, this will result in a negative cash balance offsetting my actions so that the net balance in the account is zero. How do I address this?

Jon

You can't use simple investment tracking with manual accounts, only with connected accounts.

To add your current holdings to a manual account without making a purchase that would affect your cash balance, set the trasaction type to "Add Shares" instead of "Buy".

jacobs

Is it not possible to create a "simple" + "offline" account where I manually input my holdings as of that day by security (#shares, price, value)?

Think abut how that would work. You'd need to enter a transaction, but simple tracking accounts have no transactions. So no, there can't be such a feature.

But you could create a detailed tracking account and have one transaction with a fake security to create your holding, as @Jon described. You can enter changes in the price of your security, or you could add/remove shares transactions to reflect changes.

I'm not sure why you don't want to just manually enter real transactions for the actual spending from your HSA account, but if you want to keep it simpler, that's how you could do it.