Would someone please help me with a missing transaction on Itemized Categories Report ?

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Graham106
Graham106 Member ✭✭
in Reports (Windows)
I purchased a house for 100 and sold it to my Company for 105. The Company then traded the house plus cash for some land. I recorded the transactions in Quicken as follows:

Purchase of house (Account 'House') Category Transfer from Bank (Increase )100; Cost of purchase -Category Transfer from Bank (Increase) 1; -Category Cost of Sales (Decrease) 101

Purchase of Land (Account 'Land') -Category Sale of House (Increase) 105; Transfer from Bank (Decrease) 100

The entries in the Land Account are correctly recorded and the balance shows the purchase price of 205.

But when I run the Itemized Categories Report it shows the following:

Sales 105
Cost of sales 101

Transfers
Bank -100
Land 0

i.e. everything seems to be OK except that the trade-in value of the house is not included in the Land Account in the report, even though it is in the Quicken Land Account.

Please let me know what I am doing wrong.

Comments

  • Quicken_Tyka
    Quicken_Tyka Alumni ✭✭✭✭
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    Hello @Graham106

    Thank you for taking the time to visit the Community to report this issue, although I apologize that you haven't received a response.

    I have a few questions to better help me understand what could be happening.

    First, please navigate to Help > About Quicken and provide the version you are currently running.

    Also, can you please clarify if you are using linked transfers on these transactions or if you are using a category labeled transfer?

    A linked transfer will show [account name] in the category with brackets.

    Also, it may be helpful to provide screenshots of the report and missing amounts.

    https://community.quicken.com/discussion/7867159/faq-how-do-i-post-a-screenshot-in-the-community-from-windows

    The more information you can provide regarding this issue will help the Community to better understand and assist.

    Thank you,

    -Quicken Tyka

    ~~~***~~~
  • Graham106
    Graham106 Member ✭✭
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    Hello Tyka,
    Thank you so much for your response.
    I am using Quicken 2016 Home and Business Version R19.5.
    I think I must be using linked transfers. I go into Categories and select Transfers from a drop down menu and the Categories appear in brackets.
    Please see the attached screenshots:
    I should explain that when I asked the original question, I tried to simplify the transaction. In fact, the trade-in included the house plus a garage and some land as you will see from the screenshots.
    As you will see, the trade-in value of the house and land (and garage) does not appear in the cost of the Land at Salir.
    Please help!
  • Quicken_Natalie
    Quicken_Natalie Moderator mod
    edited August 2020
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    Hello @Graham106,

    Thank you for providing this additional information and the screenshots, although I apologize that you have not yet received a follow-up response.

    Unfortunately, you are running an unsupported version of Quicken, however, the Community is a great place to post where other Users may come along with some feedback and/or advice to offer.

    Alternatively, if and when you are ready to upgrade to a current release of Quicken, our Support Teams would be happy to assist with the upgrade process, as well as working through this issue with you.

    Thank you,

    Quicken Natalie

     
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