Investment holdings not right after remove & add shares

Question

I'm trying to process a corporate spinoff. I tried using the 'spinoff' transaction but that generated a lot of entries that didn't make sense so I deleted all those and decided to enter manually.

To do the spinoff I start by removing all the existing shares.

I then add shares using the new cost basis and the same 'date acquired' date as the original purchase.

To start, holdings looks like:

Three separate purchases on 3 dates. Looks good.

I then remove the 30 shares and holdings for that stock go away. That's what I'd expect.

I then add 17 shares for 3/12 with the adjusted cost basis.

And now the holdings look like:

I just added 17 shares acquired at 3/12. Why does Quicken think they were acquired via three purchases that happen to match the original purchases?

Seems like something is getting confused.

mshiggins · Answer

@courtneyg is your file set to sync to the Quicken cloud? If so perhaps the sync is adding back the lots?

courtneyg · Answer

Thanks @q_lurker, tried that and it still behaves the same.

q_lurker · Answer

For a multi lot initial holding, I have no issue with the way you are attacking this. If you know the new lot by lot basis calculations, your path should be fine.  In that the other discussion currently address only a single lot initial holding I suspect adding this question would only confuse things.

I suggest after you remove the shares, before you start adding shares, you use the File Validate and repair option with the selection to rebuild lots. Maybe (hopefully) that will clear this misbehavior.