Incorrect account setup

Is the ending balance of the new account correct? Assuming it is then just keep the detail in the old account through the date of the opening balance in the new account and delete the last 2 years of data. Do an adjustment in the old account equal to the opening balance in the new account. Show it as a transfer to the new account. Then run your reports on the 2 accounts together to get your whole history.

This is normally what you *should* do.

With most real-world 401k accounts, you must have a Quicken 401k account to download. Your situation seems to be an exception to the norm.

John:

A quirk with Charles Schwab is that solo 401(k)'s have to be downloaded as tax-deferred investment accounts.

Setting up a solo 401(k) as a 401(k) results in error messages.

Schwab knows about this, and hopefully, one day, they'll get around to correcting it.

Bob

This is normally what you *should* do.

With most real-world 401k accounts, you must have a Quicken 401k account to download. Your situation seems to be an exception to the norm.

Bob, You are correct, it is Schwab. Laura's idea sounds like a good idea. Thanks!

Joe:

You can export your old transactions to a QIF file. Then import the QIF file using John Pollard's method:

Bob, Thanks, I wasn't aware of the forums. It looks promising. It there are any other suggestions, let me know!

I ran the script from the forms as Bob suggested and it worked great. The only issue I see is all the funds I "bought" (and they are not "boughtx") show up with N/A in the Cash Amount column. Any idea why ?

I only imported "transactions', nothing else. I didn't think anything else was needed.

You have one or more placeholders (Adjust Share Balance) transactions in the account.

If you setup a new account and download to it, you usually don't get the option to Accept individual transactions, Quicken accepts them all automatically. Then Quicken seems to forget to ask you if you want it to "adjust" your share balances, it just enters placeholders automatically. (And your new account almost certainly would not have had correct share balances since most of its history was in a different account).

Look for transactions with an Action value of "Entry", those are placeholders. (If you don't see any, have Quicken display hidden investment account transactions (Edit > Preferences > Quicken Program > Investment transactions).

Since you are intending to have all the historical transaction in the account, you should probably just delete the placeholders.

You may find that you will want to redo the qif file import; once a transaction becomes linked to a placeholder, it will never affect the cash in the account ... even if you delete the placeholder.

So delete the placeholders before importing transactions from the other account.

All my transactions are one of the following XIn Bought Div Reinvdiv ReinvLg ReinvSh

Would any of these be the cause of the error?

If it helps, my biggest manual touchup is going to be the way I accounted for 401. I entered it in my paycheck I received every two weeks, and in the paycheck (in my checking account) I was doing transfers (XIn) to my 401k. Not sure if this is what you consider a placeholder.

John, I figured it out, you were referring to the new account. I was able to fix!