Remove/Add vs Transfers Between Accounts?
Jeffrey Kirk
Member ✭✭✭
In account A, on 1/2/2018, I purchased 10 lots of stock in various amounts and at various prices. On 5/31/2019, I "Removed" all of these shares, say, totaling 100 (at the total of their respective costs), to Account B, where I "Added" them in a separate transaction/entry.
When I pull up a history of Account A, it shows the detail of each of the 10 lots at their various prices prior to 5/31/2019, when I look at a history of Account B post-5/31/2019, it only shows the 1 "Add" on 5/31/2109 of the total of the 10 lots "Removed" from Account A, at the average of the costs of the 10 lots purchased in Account A.
Why does Account B only show 1 transaction for the total lots (at the total of their costs) as opposed to the separate detail of the 10 lots, and if possible, what do I have to do to achieve this?
Thanks in advance.
When I pull up a history of Account A, it shows the detail of each of the 10 lots at their various prices prior to 5/31/2019, when I look at a history of Account B post-5/31/2019, it only shows the 1 "Add" on 5/31/2109 of the total of the 10 lots "Removed" from Account A, at the average of the costs of the 10 lots purchased in Account A.
Why does Account B only show 1 transaction for the total lots (at the total of their costs) as opposed to the separate detail of the 10 lots, and if possible, what do I have to do to achieve this?
Thanks in advance.
0
Best Answer
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"Why does Account B only show 1 transaction for the total lots (at the total of their costs) as opposed to the separate detail of the 10 lots, and if possible, what do I have to do to achieve this??From the way I'm reading your post I'd say "Because that's the way you made the entry." You didn't do 10 "Add" transactions you only did one.If you had done a "Shares Transferred Between Accounts" action in the "from" Account then Quicken would have made that one "Remove" in that Account and made 10 "Add" transactions in the new Account, one for each lot.5
Answers
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"Why does Account B only show 1 transaction for the total lots (at the total of their costs) as opposed to the separate detail of the 10 lots, and if possible, what do I have to do to achieve this??From the way I'm reading your post I'd say "Because that's the way you made the entry." You didn't do 10 "Add" transactions you only did one.If you had done a "Shares Transferred Between Accounts" action in the "from" Account then Quicken would have made that one "Remove" in that Account and made 10 "Add" transactions in the new Account, one for each lot.5
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Thanks Tom. I suppose I thought Quicken was some kind of wizard and would see the opposite transactions as offsetting each other.
Anyway, if I reverse and delete the last transaction (i.e., the "Add" to Account
, and then the first (i. e., the "Remove" from Account A), and then enter one "Shares Transferred Between Accounts" transaction (from A to B, obviously), will this accomplish what I want?
Thanks again.0 -
It should work. Make a backup before making any entries.
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Thanks again, Tom.0
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