IRA balance or reconciliation

Wyodad
Wyodad Quicken Mac Other Member ✭✭
edited February 22 in Investing (Mac)

Hello fellow QM users,

I have an issue with one of my IRA's being out of balance. And to clarify out of balance - if I open portfolio view on this IRA, the balances for each equity reflect what is shown in Fidelity. If I look at the cash account balance (FDRXX), it is also the same as Fidelity. The issue is the overall balance for that IRA does not equal the balance in Fidelity. i.e. xxxIRA account balance at Fidelity = 100,000. Quicken account balance = 102,000. If I use the adjustment to account balance option, it then throws off the FDRXX balance.

This may or may not be related to a yet unresolved Quicken for Mac issue that had been raised back in Sept 2025 by several users and a confirmed issue by Quicken Alyssa. This issue has totally wiped out the functionality of the reconciliation option and must now conduct adjust account balance entries which only hits the FDRXX entry as the known issue takes the account balance to -0-.

Appreciate in advance any direction others may have.

Wyodad

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Comments

  • Quicken Laura
    Quicken Laura Quicken Windows Subscription Moderator mod

    Hi @Wyodad,

    Thank you for reaching out to the Quicken Community and for providing those details. I’m happy to help you work through this.

    Before we can determine what’s causing the balance discrepancy in your IRA, I need to gather a few details first.

    1. You mentioned that your cash balance and each equity match what you see at Fidelity. Do they match exactly, including the full market value (not just rounded figures)? Even a small difference in price or share quantity for one security can cause the total account balance to differ slightly.
    2. When you do a One Step Update, do the market prices for your securities update correctly?
    3. How is FDRXX being downloaded into Quicken? Is it appearing as a security (money market fund), as cash, or both? If it’s only appearing one way, please let me know which one.

    This information will help determine whether the issue is related to pricing, share balance differences, or how the money market fund is being handled in the account.

    I'll look forward to your response!

    Quicken Laura

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