Greets,
Some of my mutual funds have, in recent days, swapped. All I get from the broker is that the shares have been exchanged, and they seem to be 1 for 1.
Quicken tries to simply do a REMOVE and then an ADD, but I suspect that I lose all tracking of basis this way. Does anyone know the most expeditious way to enter an exchange, in quicken, from, let's say,
Thnks!
How about a 1 for 1 "Corporate Acquisition"?
db
You can add a "Memo" to tie the remove-add pair together if needed.
Yes, if you do not use average cost (available for Mutual funds only) you really do need a set of entries for each acquisition UNLESS you intend to sell the new shares all in one batch.
Eric
Nope because Quicken ALWAYS has to ask irrelevant supplemental MANDATORY questions. In this case - ""price per share for acquiring company" may not be left blank, even if 1:1 is put in.
On Tue, 23 Jun 2009 07:19:53 -0700 (PDT), danbrown wrotf:
Nope - been on Dividend Reinvestment for a decade.
On Tue, 23 Jun 2009 16:37:28 -0400, "ebloch" wrotf:
How about a simple corporate name change transaction? Put a note in the memo field about what really went on.
Tom Young
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