Security Comparison Mismatch reported incorrectly

Ross Dillon

Been a while so I don't recall how it started, but I think Quicken reported a new security and I accepted it as a new one…turned out it was an existing equity holding that changed it's name and symbol. I think I fixed it by changing all of the "old" equity transactions to match the "New" equity. Don't use it for taxes so I really didn't care if the history was no longer correct so long as the balances were.

Fast forward and for the last several weeks (months?) Quicken has reported a Security Comparison Mismatch…however when I compare the holdings to my Schwab account they in fact match.

How do I fix this?

I've considered switching my investments to track the balance only and not care about transactions (the OCD in me struggles with that)…how would I do that conversion? Would I simply add each account again choosing to track the balances (holdings?) only and then delete the old accounts?

Jim_Harman

If you make a mistake on the first download of a renames security, you will end up with a mismatched security as you have seen. To clear mismatches:

1. Go to Tools > Security List, find the mismatched securities in question and click on one of them.
2. The Security Detail View window opens. Click the button "Edit Details" in the middle left of the window.
3. The Edit Security Details window opens. Uncheck the "Matched with Online Security" box.
4. Repeat with the other security.

The next time that security is referenced in a download, you'll get the dialog mentioned above asking how to match it or create a new security. Be sure to answer this correctly, matching it to the old name. This will record the security's CUSIP ID and check the "Matched to Online Security" box in the Security Details.

This will correct downloads going forward, but to correct previous incorrect entries, you must change any incorrect security names.

1. Back up your data in case something goes wrong.
2. Go to Edit > Preferences > Keyboard mappings and select Windows standard if it is not already selected
3. Click on the Security header in the account’s Transaction List (Register) to sort them by name.
4. Correct one of the incorrect names, then highlight the corrected name and hit Ctrl-C
5. Save the edited transaction.
6. Select the name of the next affected transaction to highlight it and hit Ctrl-V
7. Repeat steps 4-6 for the remaining incorrect transactions.