Quicken Seems To Be Inflating My Brokerage Balance

qckenguy
qckenguy Quicken Mac Subscription Member ✭✭
edited September 16 in Investing (Mac)

I noticed that recently my balance in my brokerage account is showing higher in quicken then it does on the real brokerage website. This account only has treasury bills that roll over.

Some have suggested that Quicken might be double-counting or including cash sweep funds as both cash and investment holdings.

Is there someway - to manage this when it starts happening - so it doesn't inflate the quicken balance out of proportion?

Using Mac classic v 8…

Thanks – Dave

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  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod

    Hello @qckenguy,

    Thank you for letting us know you're seeing this issue. To better assist with this issue, please provide more information. Which financial institution is this happening with? Are you using Simple tracking or Detailed tracking? The easiest way to tell if you're using Simple tracking is to check if the Transactions tab is greyed out.

    Transactions greyed out.png

    If it's greyed out, then you're using Simple tracking. If it's visible, then you're either using Detailed tracking or your account is is a manual account.

    I look forward to your response!

    Quicken Kristina

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