Investment Account

Rick Harbrecht
Rick Harbrecht Quicken Windows Subscription Member
in Investing (Windows)

I recently added 2 new accounts. When the download from Fidelity into the accounts came it was incomplete. I was able to enter almost all of the data back except one part relating to data that was transferred to the other account. Since the data was already in the other account, I couldn't manually enter the transfer data. I thought i could just add the data but because the data were credits it would not allow it. In trying some other things i got a message that a place holder was already there, and my entry would not change my share balance which needed changing as well as the price of the stock. So, my question is how do I fix this?

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    First time downloads typically only go back 30-90 days, depending upon the financial institution.

    But I don't understand what you mean by "it would not allow it". Why not? If a particular transfer was already in the receiving account, it should have created a duplicate, at worst.

    Perhaps, was the receiving account set up as a "Single Mutual Fund" account, rather than a brokerage account?
    Unlike some firms, Fidelity doesn't require the use of SMF accounts … in which you can only hold that one, initial fund EVER.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Tom Young
    Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

    So, apparently, the initial download from Fidelity didn't stretch back far enough to encompass the transactions - buys, sells, etc. - for certain securities, and also during this "missing period" those securities had been transferred to the "other account?" Is that correct?

    However in the "other account" the initial download did include these securities in the current holdings, although not the transactions that occurred in the Fidelity account that created these holdings? Is that correct?

    If I interpreted what you're telling us correctly, then a question I'd ask is you is "are all the elements of the securities that are the subject of this conversation correct?" That is, are the holding periods and cost bases of these accounts properly stated? If the answer to that question is "Yes" then I'd say "forget about re-constructing all the transactions that created the holdings in Fidelity because those holding aren't in Fidelity any more and you've got all the correct information you need about these securities in the 'other account.'"

    On the other hand if the information about these particular securities isn't properly stated in the "other account" but you do know the needed information to get them properly stated, then it probably would be easier to just make the corrections in the "other account" with a series of Remove and Add actions to get things straightened out.

    That said, I don't see any problem with re-creating all the "origin" data for these securities in what is now the "other account." You'd simply Remove the current holdings downloaded and then re-create them with the missing transactions, which should end up with what is now your current holdings in the "other account." I'd think you should be able to do that even in what is now the Fidelity Account, delete the current holding in the "other account", and then transfer these securities from Fidelity to the "other account."

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