I am running Quicken 09 Deluxe on Vista. All accounts are in Fidelity. Occasionally a stock dividend will be posted to an erroneous account or re posted to the proper account at a later date. ie A dividend for stock A in account alpha will be posted to account beta, even when account beta does not own any stock A. Just recently a distribution (return of capital) was posted to an account first as a positive number and again as a negative number. It was originally posted properly to the account 2 weeks prior. Sometimes a distribution (dividends) will be posted to an account which is closed and hidden. This can cause quite a lot of consternation before the error is found. I suppose in the grand scheme of Quicken this is a minor problem, at least it adds properly, but would be interested if others have have a similar problem and if a solution has been found. Thank you.
Dividends posted
Feb 24, 2009
4 Replies
I just re read the above post and am not sure it is clear to anyone but me. To be more clear: I am updating my transactions by downloading from Fidelity. Quicken does not always post the transaction to the proper account, or sometimes posts the transaction more than once. Thanks for your forbearance.
Quicken 2008 Deluxe, Windows XP I have four Fidelity accounts which I update by using One Step Update every morning, and I have never had a problem of a dividend--or anything else for that matter--being posted to an incorrect account.
Caryl
Likewise, I currently have 5 acct's at Fido, have had as many as 7. They're a mix of brokerage and fund accounts, and a mix of taxable and IRA accounts.
And I've never seen anything even remotely resembling what the OP describes.
Fido customer since 1981, Quicken user since 1985, Q H&B 2008, R9 on XP
db
I too have used Quicken and Fidelity Investments with 4 different accounts and have not experienced a problem described above. The one complaint I have with Fidelity is that transactions are downloaded as if they were dividends when if fact they could be dividends, long term or short term capital gains. I then have to change the transaction type.
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