ETrade vs RSU Transactions

doucette

Hi folks,

My company uses E*Trade (I guess now Morgan Stanley at Work) for it's stock purchase plan -- ESPP and RSUs. For ages all I could get Quicken to hook up to was the individual brokerage account part -- that would get transactions automatically downloaded/entered. So I've kept a "Stock Purchase Plan" account in quicken to track paycheck deductions for ESPP, RSU vests, etc, all manual and a pain to keep "in sync". It's fallen pretty out of step, so I'm looking to clean that up.

I've noticed recently in the brokerage account it's starting to show entries like "Xfer xx units of <ticker>" as both security and description. This is showing up in the brokerage account transaction list as a deposit, though it doesn't seem to "hook up" to anything nor effect share balance. If I tell Quicken to reconcile shares, it reconciles against the amount in the brokerage account, and these other "Xfer unit" securities don't show up in the list.

Anyone else noticing this behavior? Anyone been able to get something like this to automatically hook up to the security correctly so you can reconcile including the stock plan account? Almost seems like I could just drag those transactions over to my stock purchase plan and touch them up manually to make them add shares, hoping for something more streamlined.

Appreciate any thoughts...thanks!

Quicken Jasmine

Hello @doucette,

Thanks for reaching out!

Just to get a better sense of what might be happening, do you happen to know if these "Xfer" entries are showing up with any kind of transfer account or linked memo info when you double-click to open them? Also, are they being treated as placeholder transactions or are they editable like a regular add or remove shares entry? If you go into the security list, is it recognizing the security as one that’s already active, or is it possibly downloading it as a separate instance—even slightly differently named or typed? Sometimes with RSU or ESPP activity, especially when the shares move from a stock plan to a brokerage account, the data can come through in a partial or miscategorized way that doesn't automatically trigger a share update unless the transaction type is fully recognized.

Let me know!

mshiggins

@Quicken Jasmine the OP has another post on this same topic here:

https://community.quicken.com/discussion/7963226/etrade-vs-rsu-transactions

doucette

Yes, I'd erroneously written the same note in the Mac forum.

Double clicking on it, it looks like:

So it's a "Withdraw" transaction, type TXFR, and the security is "XFER - Allocate share for [account_number]"

I could probably cut/paste this transaction into the account I'd set up to manually track RSUs, fix the security type, and make it a shares added instead.

So it seems like the transaction isn't being parsed correctly by Quicken. It wouldn't affect the share balance of the brokerage account I'm directly syncing. So it seems like there's at least enough here to parse the shares being added correctly. Thus my checking if there's a better way to set this all up.

Thanks!