Continuing issues with Quicken /Fidelity in reporting shares of Money Market FDRXX and Cash

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  • g0
    g0 Member ✭✭✭
    edited January 4

    Hint wrt another peculiarity: Downloaded MM Funds (shown as DivX) may not actually be reflected as DivX until you edit and enter/done the MM Fund transactions. Have found multiple instances in which transactions downloaded as reinvestment, then manually corrected, and then passed through the Quicken cash-core configuration process and OSU download are still treated as reinvestment. For the October, November and December MM dividend line items you may find, as I did, that the DivX characteristic of the transaction actually overwrites the prior Reinvest characteristic ONLY AFTER you click "edit" and enter the transaction.

  • JQuick1
    JQuick1 Quicken Windows Subscription Member ✭✭

    fyi, I have Quicken Windows R65.29, a single new Fidelity HSA account (no other Fidelity investment accounts), and have added my own specific details related to this FDRXX problem here. In addition to these FDRXX details, the downloaded individual transactions for these Fidelity HSA accounts is not working for many/all(including me), as described here and this newer post.

    There are a lot of technical details here and perhaps all of these things are not related to all types of Fidelity accounts, but I feel like many of these items are inter-related, so I think the technical details are important to hopefully soon resolve all of these Fidelity account related issues.

  • Ray
    Ray Member ✭✭✭✭

    I'm disgusted with Quicken. Phone support is now blaming the FDRXX issues on Fidelity. Quicken has had the same issues with Schwab for at least 5 years. Fidelity says they have to have a ticket number to work with Quicken on an issue.

    I have 3 datafiles accessing the same accounts. FDRXX behaves differently in each datafile. Over half of the accounts show a mismatch in

    Mismatch RJF2b R.png

    FDRXX holdings. In one my Roth mismatches and wife's doesn't. It's the opposite in another datafile. "Update Cash Balance" shows the button to select the cash security is missing in most of the accounts. No one knows how to fix either the balance or the button.

    I don't understand why this is so difficult. They should mimic what the institutions do. Quicken could allow the user to select the security used for cash in the holdings for an account, for example FDRXX, and designate it as cash. Transactions from other securities that affect the cash, purchase or sell FDRXX. Dividends from FDRXX are reinvested in FDRXX. It the account, show the running balance to be any cash plus FDRXX's value.

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