I previously owned Activision Blizzard (ATVI) before the merger with Microsoft, and I'm having trouble entering this transaction in Quicken. I've tried various methods, but nothing seems to work. I would appreciate any help.
A bit more info needed in order to help you.
Which Q product are you running, and what RELEASE of that product? This info is at HELP, About Quicken.
Next, how are you trying to input the transaction and what specific problem(s) are you having? Step-by-step, please.
Do you download into the account that held ATVI? If so, what has downloaded?
[EDIT] Doing a bit of research, it looks like this was an all-cash deal … so why can't you simply record a SALE for the cash you received? [/EDIT}
Yes, an all-cash merger should be entered as a sale of the shares for the cash received.
I think it would be better to simply record it as Sell - Shares Sold for your 69 shares. The proceeds will end up in your account and Quicken will track any capital gains or losses correctly. The fact that the money came from Microsoft does not matter.
I have Quicken Classic Business & Personal version R67.10 build 27.1.67.10. I believe a recent update downloaded, so I am up to date with the latest releases.
I'm back with Quicken after a few years away, trying some other software. I purchased Quicken Business & Personal because I recently retired and started a small business, as I am not ready for full-time hobbies. When I came back to Quicken last year, my setup only pulled in a few years of my investment history. I wanted a bit more, so unfortunately, I had to manually enter the missing transactions going back to a broker switch about four years ago.
So here's what I did:
Used the: Remove - Shares removed to get the 69 shares of Activision Blizzard out of my account
Used the: Inc. - Income (Div, Int, etc) to record the $6555 cash from Microsoft for the transaction
My statement ballanced so hopefully this works…
I wish I was better with Quicken.
@MPurt56 This merger was, actually, several years ago. What did you do, what did you record, in Q at that time? OR, did occur during the time when you weren't using Q?
And, I concur with @q_lurker & @Jim_Harman, this transactions should have been recorded as a sale.
If this happened in a Taxable Account, for which CapGains would be an issue, so pay particular attention to HOW you initially recorded the ATVI in Q. Was it a purchase, back when you were using Q, or did you ADD it subsequent to the re-start?
