After recent changes to how Fidelity downloads to Quicken, I have noticed the following problem: It is trying to now keep cash reserves in a true security, called FCASH.
However, this doesn't seem to work with how cash is managed. My account (this is happening in multiple accounts) is set up in Quicken to hold multiple securities, and also have a cash balance. This always used to work; whenever transactions happened that affected cash (dividends, stock sales, interest, etc), my cash balance in Quicken would be affected.
Ever sicne on/around 8/20/25, Quicken asks me about a new security FCASH. I tried enabling it in these accounts. But problem is, no transactions against FCASH are downloaded. So say my Quicken account has $1000 in the actual cash balance. I don't actually have any transactions against FCASH; all the cash in Quicken is just in the "cash balance".
When transactions download from Fidelity, it still downloads stuff like dividends. But doesn't download anything affecting the security FCASH. So if I get a $100 dividend, that downloads. But nothing affects FCASH. The dividend entry just affects the Quicken "cash balance"; nothing hits FCASH; and then Quicken tells me that my security FCASH is out of balance. I would have to manually go "buy/sell" shares of FCASH each time cash changes
It seems like I either need to have cash transactions automatically affect the security FCASH; or, have Quicken stop trying to interpret this FCASH security altogether (which is how it used to work).
- I am using Quicken Classic for PC. Currently R64.19
- I have seen previous posts, with a link that says something to the effect of "Cash representation"/ I do not see that choice for my account.
