8 decimal precision problems in Quicken Classic Premier

Stevarooni
Stevarooni Quicken Windows Subscription Member
in Investing (Windows)

I've been using the 8-digit precision feature in Quicken to be able to track crypto as "investments". It's useful, but it has bugs. The biggest bug is with very small values...anything under 100 Satoshis (1 Satoshi = 1/100000000th of a coin...so this is anything under 0.000001 shares). I have a credit card that pays Cash Back in crypto, and recently found that Quicken will correctly record crypto, including down to the 8th decimal place, but it will not correctly record the small-value Cash Back...0.00000085 shares, as an example from today. I had been using "ReinvDiv" (Income Reinvested) to record these transactions, which works great with anything at least 0.000001 shares but refuses to enter the transaction if the shares are less than that. If it's under this amount, I have been using "Added" (Shares Added), which will enter the transaction but these additional shares are not added to that register's share balance, nor do those new entries show on the Investing tab, and are not included in the total share count for the Wallet. Is there a fix in the pipeline for this issue, and is there an expected release date for that fix?

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Answers

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

    A ReinvDiv is equivalent to a dividend followed by a Bought transaction. Does it work if you enter two transactions?

    Alternatively, you might collect several of these tiny transactions and record them all at once, at the end of the month perhaps.

    QWin Premier subscription
  • Stevarooni
    Stevarooni Quicken Windows Subscription Member

    Thanks for the suggestion, Jim_Harman. Doing separate Dividend and Buy…Quicken does allow me to enter such transactions, but these micro-buys aren't showing as separate Lots. On a temporary basis, I'm doing more or less what you're suggesting; I'm adding Reminder transactions with the actual BTC values and Cash Back amount in the Description, and then grouping a few of them at a time into a new, combined ReinvDiv. Thanks for the suggestion!

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