new stocks added not showing as added

tom 8021

Window user , not accountan

t . I just notice that stocks added are not showing cost? Subsequent buying not showing quantity ,. Note the memo saying stock dividend? There are a lot of stocks doing this. what should I do?

tom 8021

There are over 350 new stocks that i know of in one account. The number of "added" stocks for years seems really low.

I need to bring this to Q support

bmciance

I believe that was a stock split. So there would be no "cost". You just have more shares than you did before but you still have the same total market value of the stock.

tom 8021

no I verified it was not a stock split. It was when it was first purchased.

bmciance

Then it doesn't make sense. Was this a downloaded transaction? Do you have a brokerage statement from that date?

And, by the way Nvidia did have a stock split on 6/10/24.

tom 8021

The split does show up but doesn't adjust quantity right. That is what made me investigate about added stocks.

They are downloaded transactions.

bmciance

Well, one issue is that Quicken will attempt to enter stock splits on its own and if you also get it as a download you can end up with incorrect shares. You would need to reconcile the shares and make the appropriate adjustments (or delete the incorrect entry)

tom 8021

There are over 350 new stocks that i know of in one account. The number of "added" stocks for years seems really low.

I need to bring this to Q support

Burt - Q17 H&B

bmciance is correct. Nvidia had a 10 for 1 stock split on 06/10/2024, also know as a 900% stock dividend, i.e. 9 additional shares for each share you owned.. You probably had 15 shares before this date and 150 shares after, meaning 135 shares were added. In Quicken, you should use the Stock Split transaction and report old shares of 15 and new shares of 150 and the price of the new shares.