Foreign Currency Stock Creating Placeholders
I have a brokerage account that holds multiple USD stocks and one AUD stock. Because of Quicken limitations, I keep a separate manually updated AUD account to hold the one stock and another USD account that downloads transactions from the broker. Quicken keeps creating a placeholder in the USD account for the AUD stock thus throwing off the value of my portfolio by the amount of that AUD stock.
Is there a better way to handle this?
Answers
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Since you're manually managing the AUD account, do TOOLS, SECURITY LIST and UNCHECK the "Download" column adjacent to the AUD stock.
That should turn off the downloads for that security.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
OOPS, I just realized that this is a QMac question. The concept I presented should still work, but the process is probably different.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Thanks @NotACPA, unfortunately that is not an option in Quicken Mac. The placeholder has never been anything but a nuisance to me.
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I don’t think there’s anything you can do except manually manage the USD account. As long as you have it connected it’s going to keep creating placeholders for the missing AUD investment to get the account balance and portfolio to match what the brokerage is reporting. I don’t know any other way to make it stop.
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Thanks @Jon, that's what I figured. I might have the broker create a new account just for this one AUD position to solve the problem.
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Sorry to hear that. Another shortcoming of QMac … although there are some advantages also.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
