Quicken automatically changes some Cover Short transactions into Bought transactions.

System
System Member admin
edited January 2 in Investing (Windows)

This discussion was created from comments split from: Stocks with 0 Share Balance, Still Showing in "Holdings" for Investment Account.

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  • Mindanser
    Mindanser Quicken Windows Subscription Member ✭✭

    Have this problem currently. Turns out that I have both long and short trades made in the subject securities and during import from the brokerage, Quicken automatically changes some Cover Short transactions into Bought transactions. When I tried to correct the original Bought transaction to a CvrShrt, it said, "There is no open Short position. Changing to a Bought transaction."

    Pretty sure this is an ordering problem, caused by the orders not being delivered in chronological order from the Brokerage company. To fix this problem, I copied the erroneous Bought transaction, deleted it, then pasted it into a new transaction with Type = Cover Short.

  • Quicken Jasmine
    Quicken Jasmine Quicken Mac Subscription Moderator mod

    Hello @Mindanser,

    Has the issue occurred again after the transaction was repaired?

    Let me know!

    -Quicken Jasmine

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