Downloaded Schwab accounts are using total brokerage balance not cash in account when reconciling?

JayBugs

• Quicken Mac Premier 8.3.2

• Was working 2 weeks ago with the release just before 8.3.2 so unclear if it was the 8.3.2 update or just the 2 weeks time.

• Issue is with Schwab brokerage accounts (Schwab BANK accounts are fine) and is that Quicken is displaying the Market Value as the Online Balance during reconciliation. Prior to today/this update the Online Balance was the cash in the account. Thus now the Difference shown in reconciliation is the amount of all the stocks in the account or hundreds of thousands of dollars off.

Prior to this round of downloads all Schwab account balanced to the penny.

Why is Quicken now using the total account market value instead of the cash in the account like it has always done?

JayBugs

Never mind…repeated the download and now the Online Balance is showing only the cash amounts in the account and reconciliation is fine again.

OK to close this…unless I can do it.

JayBugs

Never mind…repeated the download and now the Online Balance is showing only the cash amounts in the account and reconciliation is fine again.

OK to close this…unless I can do it.

Quicken Anja

Thanks for updating your post, @JayBugs! I’m glad to hear the issue resolved.

Only moderators have the ability to close discussions, so I’ve gone ahead and closed this one per your request.

Thank you!