RSUs on Mac - what am I missing?
Best Answers
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Assume that RSU means Restricted Stock Unit?
There is no special handling in QMac.
Quicken user since 1990, MacBook Pro M2 Max on Ventura 13.6.5 • Windows 11
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No support for RSUs. I have somewhat created a kludgy workaround. I created 2 accounts, Account 1 - used to track/hold my RSUs and, Account 2 - transfer account when shares vest.
In Account 1, I use the 'Add Shares' feature for the total amount of my RSUs (or any additions). I set the total cost to 0.000001. As shares vest, within Account 1, I add a Sell + Miscellaneous Expense transaction for taxes. My employer withholds a portion of vested shares for taxes. Thereafter, I transfer the remaining vested shares to Account 2.
The only minor or cosmetic issue is with the 'Remove Shares' entry in the Description/Category field. Quicken appears to be grabbing the market close price to populate this field e.g., 51.034 shares @ 348.10. However, my employer is using a FMV of 337.34.
Below is an example.
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Answers
-
Assume that RSU means Restricted Stock Unit?
There is no special handling in QMac.
Quicken user since 1990, MacBook Pro M2 Max on Ventura 13.6.5 • Windows 11
0 -
Thank you.0
-
No support for RSUs. I have somewhat created a kludgy workaround. I created 2 accounts, Account 1 - used to track/hold my RSUs and, Account 2 - transfer account when shares vest.
In Account 1, I use the 'Add Shares' feature for the total amount of my RSUs (or any additions). I set the total cost to 0.000001. As shares vest, within Account 1, I add a Sell + Miscellaneous Expense transaction for taxes. My employer withholds a portion of vested shares for taxes. Thereafter, I transfer the remaining vested shares to Account 2.
The only minor or cosmetic issue is with the 'Remove Shares' entry in the Description/Category field. Quicken appears to be grabbing the market close price to populate this field e.g., 51.034 shares @ 348.10. However, my employer is using a FMV of 337.34.
Below is an example.
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Thank you for the workaround. I'm giving this a try. I can now see what things are worth as the market moves, and then can make plans when they vest. Thanks again!
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