Reconciling Fidelity investment accounts online cash does not have a value

uscfan75

Based on past post on another discussion, my understanding this problem was corrected by Quicken. Do I need to continue making adjustments every time I update?

 I posted this back in December and it was closed with no explanation.

I posted this issue was still an on going problem that Quicken says was complete and this issue was closed.

 I am still having reconciliation issues with my brokerage accounts. Transaction are downloading properly into the correct account. The issue happen every time I download Dividend Income transactions. This is the same issue that was posted back in September with Fidelity upgrade. At that time you posted that we should let Quicken create the reconciliation adjustment. On Fidelity cash show up in Fidelity Cash Reserves (FDRXX). In my Conversations with Fidelity they stated that all there issues are resolved and this one is a Quicken issue.

 This was posted but seems to be incorrect.

 Quicken Mac users:

• The Money Market security will disappear automatically and be set to cash. Customers whose cash balance is incorrect should perform a reconciliation with the online balance and enter an adjustment to correct the cash balance. From that point on, you will be good to go.

Quicken Kristina

Hello @uscfan75,

Thank you for letting us know you're encountering this issue. To clarify, is this happening only with FDRXX, or are you seeing this behavior with other securities also? If this is happening with other securities, which specific securities are you seeing this happen with?

This was posted but seems to be incorrect.

 Quicken Mac users:

The Money Market security will disappear automatically and be set to cash. Customers whose cash balance is incorrect should perform a reconciliation with the online balance and enter an adjustment to correct the cash balance. From that point on, you will be good to go.

Those instructions are correct for most core funds. However, there are some which are not automatically recognized as core, and for those, the instructions do not work. A fix is still in work for those funds.

I look forward to your reply!

uscfan75

I am only seeing this happening with FDRXX. I have 2 investment accounts that this is happening with. Each time I download transactions, I have to make an adjustment to get the accounts to reconcile. This also causes an issue on how to handle the reconcile adjustments in my reporting.

At the point Quicken corrects the problem, will I be able to delete the adjustments?

Also I would like for this post to remain open until a fix is implemented and I have verified the problem has been resolved.

Thank you

jacobs

@uscfan75 As I understand it, threads are closed not based on if/when they are resolved, but after posts in the thread cease for a certain period of time. So you might want to post in the thread every few weeks to ask if anything is happening towards a resolution, just in order to keep the thread open.

uscfan75

Thanks for the heads up!