VSM was bought out with cash and now my E*trade account balance is high by the cash amount

hve Member ✭✭✭

October 2019 in Investing (Mac)

There also now is a security generated "unknown security VSM"
What do I need to do to get the balances correct?

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Best Answer

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  NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

  October 2019 Answer ✓

  For  unknown reasons, E*Trade only downloaded the cash portion of the transaction ... and not the sale of VSM.

  EDIT this transaction (in your brokerage account) to change it to a SALE.
  

  Q user since February, 1990. DOS Version 4
  Now running Quicken Windows Subscription, Business & Personal
  Retired "Certified Information Systems Auditor" & Bank Audit VP

  5

Answers

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  NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

  October 2019

  How did you record, in QMac, that buy out?  It should have been a SALE of VSM for the amount of cash received.
  

  Q user since February, 1990. DOS Version 4
  Now running Quicken Windows Subscription, Business & Personal
  Retired "Certified Information Systems Auditor" & Bank Audit VP

  0
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  hve Member ✭✭✭

  October 2019

  I downloaded the data from E•trade. It wass recorded this way:

  image.png 10.9K

  0
• 

  NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

  October 2019 Answer ✓

  For  unknown reasons, E*Trade only downloaded the cash portion of the transaction ... and not the sale of VSM.

  EDIT this transaction (in your brokerage account) to change it to a SALE.
  

  Q user since February, 1990. DOS Version 4
  Now running Quicken Windows Subscription, Business & Personal
  Retired "Certified Information Systems Auditor" & Bank Audit VP

  5

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