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Incorrect account balance in investment performance report

MikeC331

When I look at my account balances in the net worth report and in the investment performance report there is a difference in one account in the amount of $30000.00. The net worth report shows the correct amount while the investment performance report shows the account balance is $30000.00 higher than the actual value. This amount is equal to the amount I transferred to a different account last month. It appears that Quicken is not deducting the $30000.00 transfer from the actual account balance when performing the performance calculations. I have tried editing the transfer to make it a withdrawal and vice-versa. I have been unable to find an option that will allow the investment performance report to recognize the $30000.00 is no longer in the account. Thanks for any assistance!

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Investments

Windows

Investment Reports

Comments

Jim_Harman

Make sure the report is subtotaled by Account, then click on Show Details.

Are you looking at the Total number in the Returns column at the bottom of each account section, or the number above that, the "End Mkt Value" number?

The End Mkt Value number should be the account's closing balance, and the Total number correctly includes cash taken out of the account.

MikeC331

Thank you Jim for the comment. I see what you are saying. I chatted with Quicken support yesterday and the representative said there was a bug in the report which he would submit to the developers. I think your answer is actually correct. Much appreciated!!