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Investment Accounting in Quicken getting worse

I have used quicken since the DOS days to manage personal finances. These include 4 investment accounts: Account 1 is primarily for equities and a few bond investments. Account 2 is primarily used for bond income (tax free); Accts 3 & 4 are IRA investment accounts for myself and my wife respectively. I still use Quicken 2003 for managing these accounts since the operation is much simpler than in Quicken 2004 and 2005. I tried both of these versions and finally gave up and went back to 2003. Account 1 has approximately 25 investments which generate income every month on a quarterly or semi annual basis. Acct 2 has about 60 securities which generate monthly income on a monthly or semi-annual basis. I use memorized investment transactions to enter transactions directly into the register. I reconcile each account's cash balance on a monthly basis. I do not download transactions from brokerage firms since the descriptions they download are frequently unable to be reconciled to the investments as they appear in Quicken. I had some hope that perhaps 2006 might have solved these problems but it seems to have gotten worse. The transaction register is completely screwey. I do not find a way to adjust column widths for that register. I attempted to use memorized transactions to update income in Accounts 3 and 4 and when I do all I get is an error message that the account is incompatible with memorized transactions. I am just about to blow off Quicken 6 and may have to take a serious look MS Money if I want to try an maintain software that is up to date. Any one have any similar experience with Quicken 2004, 2005 or 2006

Reply to
ccbob
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I have 7 investment accounts recorded in Q06 H&B (1 taxable portfolio and 2 Rollover IRAs (self & wife), 2 Roth IRAs, 2 SEP IRAs). Transactions are downloaded to all of them, on a daily basis, from Fidelity Investments. Holdings in each range from a single mutual fund to dozens of equitys.

SO, it appears to me that you've managed to hose over the set-up of your accounts.

IF you can be specific and concise about the problems that you're encountering ... maybe someone can offer some assistance.

Reply to
danbrown

I have given up on it at the moment but not completely. I will continue with a trial to see how it works out. I also use Fidelity and would not expect a problem with coordinating investments with Fidelity with Quicken. The problem with the account with about 50 or so investments is primarily with the brokerage firm. They report many unit trusts with a truncated description and past efforts to reconcile their descriptions with the appropriate Quicken descriptions seems to need to done each time activities are downloaded. I'll be back in touch after having given it another go. I have it set up on a laptop independent of my primary computer so I can run parallel for a while to compare.

Thanks for giving me your experience.

Bob

Reply to
Hooter

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