Bug relating to numerous Investing, net wort & other reports

pghsteamboat

Hi,

I'm a 30+ year user. There is a MAJOR bug in quicken which has existed for a long time. It relates to how securities are handled in many reports. In the "performance" tab in the "investing" tab, the default reports are wrong because of a bug. For example, in the "portfolio value vs cost basis" report, look at the total portfolio value shown and then compare it to the total investment value shown in the "portfolio" tab of the same section - most likely, it's different. If so, go to the full screen view of the portfolio value vs. cost report and hit the customize gear. Go to the "securities" tab and see what securities are included - all or only selected. My default is "All", so the 2 reports should agree. However, they don't. What you have to do is select the "include only selected securities" bubble, and then select the "include All securities" again. At that point, the 2 reports totals will agree.

This same problem exists for all the investment related reports in the performance tab. Also, VERY importantly, this same problem exists for the Net Worth report. I am an active investor - every time I buy new securities, they are not included in the net worth report even though I have the include all securities bubble selected. I have to go in the customize tab, select the include only selected securities bubble and then select the include all securities bubble again. If you don't do this, your net reported net worth is wrong.

Quicken, PLEASE fix this. thanks.

Tom Young

"For example, in the "portfolio value vs cost basis" report, look at the total portfolio value shown and then compare it to the total investment value shown in the "portfolio" tab of the same section - most likely, it's different."

I've never done that comparison, I don't think, but I did it just now and the portfolio values agreed to the penny. Initially they didn't agree, but then I realized the selection boxes for Accounts, Securities and Dates weren't looking at all the Accounts, Securities and Dates; fixing the ranges in those boxes brought everything into agreement.

Bringing up the full screen view of the portfolio value vs. cost report, the numbers agreed right out of the box, so I didn't have to resort to the Customization options.

Looking at the Growth of $10,000 graph the value shown there WAS different than the correct amount - an overstatement of about $600,000 - and the information box that came up when I hovered over "today's" value had information that I simply didn't understand: an "Actual value" figure that was considerably lower than the current balance, and a "Cumulative net addition" number that struck me as odd.

As I said, I don't believe I've ever looked at (at least, not closely) at these graphs, but I do know that the Growth of $10,000 graph has been frequently brought up in here as a problem.

I'm also a 30+ year user, and over the years have made hundreds of entries into the Investment Accounts, so I sort of wonder if that accumulation of trades, deleting downloaded transactions and going back and getting the accounting right, (frequently needed for fixing downloaded corporate actions), and so forth hasn't simply introduced some amount of corruption in the data that results in these errors, as opposed to a software "bug?"