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Adjust Share Balance

Q05PR5 I adjusted the SHARE balance on a security and Q inserted an "Entry" transaction with an unknown price. In other words Q is putting a "Buy" in the register and wants to know the price I paid. But this is not what "Adjust Share Price" is supposed to do, it is doing a "Buy". We've been here before, but I can't remember how to get out of this.

Second, I tried to adjust a different security share balance in the same account. Quicken tells me that there is already a placeholder transaction in the register and want to know if I want to modify it. Saying "no" just puts Quicken to sleep and nothing happens. So, what's the work-around for that?

TIA.

Reply to
Stubby
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The "Action" code for an Adjust Share Balance transaction is "Entry". Just as with an Add Shares transaction, you *can* enter cost data for Adjust Share Balance transactions, but with the latter, you can also supply a complete transaction history ... if you wish. Or you can just choose to leave the cost out and live with the resulting inablity to get fully correct investment reports for the security.

Trouble is the Adjust Share Balance historical transaction capture is faulty; even when you supply all the correct transactions, Quicken continues to treat the security as if the history was not totally correct (mucking up the cash).

Don't use Adjust Share Balance transactions.

(Intuit has apparently said to at least one user that they are working on a fix for this; I doubt it will be retroactive to Q2005, and may not make it into Q2006 ... if it is coming at all).

Reply to
John Pollard

OK. Too bad they don't "gray it out" until it works. "Adjust" operations, cash or shares, are the "hand of god" making things right. There is no history, no future, just stat.

Reply to
Stubby

Add Shares/Remove Shares will work for share adjustments.

Reply to
John Pollard

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