How do you reconcile your brokerage accounts in quicken with the monthy statements for the broker.
Brokerage Accounts in Quicken
Jun 03, 2010
4 Replies
I don't. For every company I deal with (Schwab, TR Price, Vanguard) they have Q download capability and I let the computer worry about it. I just make sure the subtotals and bottom line numbers (such as number of shares, total dollar values held, etc.) match at the end of each reporting period.
Bill: My brokerage accounts have a "Cash Management" feature. I keep the cash transactions part as a separate register by using the "Show cash in a checking account" option.
I reconcile that cash account to the cash balance in my brokerage account. Bob
Bob,
Is your method approved by the Inuits? :-)
As long as I keep the sled dogs outside the igloo ;-)
Bob,
Is your method approved by the Inuits? :-)
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