Current value discrepancies

Jeff, you use strange terminology.

Quicken does not use the term "current value" anywhere. The nearest term I can think of is "market value". Quicken gets market value from one of two sources - either from the value/share of the last transaction entered for that security or from a download of the quotes for that security.

What on earth is "shares per equity"?

I'm sorry. I meant market value. Current Value is the corresponding term on my broker's statement.

| | | The funny thing is that within the account the figures are | | | identical until half way down the screen when the remained all | | | have the same number of shares per equity but the prices are all | | | slightly off. | | | | What on earth is "shares per equity"?

I meant that the numbers of shares are correct for each stock. It's the market value that is off. Sorry about the misuse of terms.

| | | It | | | is not a question of commissions and the dates I am checking on | | | are the same. | | | How can this be? | | | | | | Does Quicken get its current values from the brokerage or by | | | "Download Quotes, Asset classes, ...."? | | | | | | Also, I have never used "Download Historical Prices". What does | | | that actually download? All the daily prices for a period? | | | | | | Thanks.

| | Quicken does not use the term "current value" anywhere. The nearest | | term I can think of is "market value". Quicken gets market value | | from one of two sources - either from the value/share of the last | | transaction entered for that security or from a download of the | | quotes for that security.

"either from the value/share of the last transaction entered for that security"

Would that not be for cost only, not market value, until the stock was sold?

"or from a download of the quotes for that security"

So when updating, is it necessary to check the item "Download Quotes, Asset classes, ...." in addition to the download from the Financial Institution of "Download latest transactions, balances, and holdings" or does the FI download do it all?

Thank you.

No, Quicken obtains a price that it puts in the price history file. It uses the most recent price in the price history file to calculate the market value.

Yes, you have to download quotes as well. Otherwise, only the transactions are downloaded from your FI and then see the previous part of my answer.