> > balance" > > > my Schwab acct - with lots of s..."/>

mutual fund accounts - cash balance item

After reading another thread, I went back over my own mutual fund accounts to see how the Quicken balances compared to the mutual fund online websites.
All my shares & balances matched up just fine. However, I did find one anomoly, that I'm not quite sure about. In a couple of mutual fund accounts, there exists a "cash balance". It is in the lower right corner when bringing up the "Holdings" display screen. There should be nothing like this - so it must be some transaction weirdness.
The "Cash Balance" line item - zero or not - only shows up for my accounts that have multiple funds holding in that account. ie - my Vanguard account, with several funds, is showing a minor "cash balance". my Fidelity IRA - mine - with several funds is ok - shows zero my Fidelity IRA - wife - with several funds is showing minor "cash balance" my Schwab acct - with lots of stocks, etfs, - shows zero
SO - any ideas what I should go back and search for on the transaction history ?
--
/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/ _/
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in looking back at my IRA accounts - Fidelity has 10yrs statements online -
I may have missed a couple of div/buy transactions back in 2005 & prior years, before I got serious about keeping track of everything via Quicken...
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Just as a followup for anyone else that might stumble across this... My problem appears to be back in the 2005/2006 timeframe. I must have missed some downloading of yearly divs & re-investments. Therefore, at the time, to balance things out via the Reconcile, I agreed to create a "balance adjustment" - which added cash to the accout. This added cash made up for the missing equity... and the "total" now matched the Fidelity totals.
I now went back, and re-created a correct transaction for 2006 that properly accounted for the equity - and deleted the "bal adjustment". Now the cash balance is zero, and the equity correctly equals the account balance.
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On Sunday, March 3, 2013 1:45:34 PM UTC-5, ps56k wrote:

nts

t.

.
Congrats on nailing it, but, Lord Almighty! Referencing another thread wher e we are dissecting QKN-FI differences, I hope I don't have to go back the umpteen years or so you did. I would be further confounded by tracing throu gh statements of different FIs where our funds have landed and taken off ag ain over time, and the corresponding transfer processes. Well, we'll see... .
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On Sunday, March 3, 2013 6:00:52 PM UTC-5, Al wrote:

il.me... > > > After reading another thread, I went back over my own mutual fund accounts > > > to see how the Quicken balances compared to the mutual fund online > > > websites. > > > > > > All my shares & balances matched u p just fine. > > > However, I did find one anomoly, that I'm not quite sure about. > > > In a couple of mutual fund accounts, there exists a "cash bal ance". > > > It is in the lower right corner when bringing up the "Holdings " display > > > screen. > > > There should be nothing like this - so it mus t be some transaction > > > weirdness. > > > > > > The "Cash Balance" line item - zero or not - > > > only shows up for my accounts that have multiple funds holding in that > > > account. > > > ie - > > > my Vanguard account, with several funds, is showing a minor "cash > > > balance". > > > my Fide lity IRA - mine - with several funds is ok - shows zero > > > my Fidelity I RA - wife - with several funds is showing minor "cash > > > balance" > > > my Schwab acct - with lots of stocks, etfs, - shows zero > > > > > > SO - a ny ideas what I should go back and search for on the transaction > > > hist ory ? > > > > > > -- > > > > Just as a followup for anyone else that might stumble across this... > > My problem appears to be back in the 2005/2006 t imeframe. > > I must have missed some downloading of yearly divs & re-inves tments. > > Therefore, at the time, to balance things out via the Reconcile , > > I agreed to create a "balance adjustment" - which added cash to the a ccout. > > This added cash made up for the missing equity... and the "total " now > > matched the Fidelity totals. > > > > I now went back, and re-crea ted a correct transaction for 2006 > > that properly accounted for the equi ty - and deleted the "bal adjustment". > > Now the cash balance is zero, an d the equity correctly equals the account > > balance. Congrats on nailing it, but, Lord Almighty! Referencing another thread where we are dissecting QKN-FI differences, I hope I don't have to go back the umpteen years or so you did. I would be further confounded by tracing through statements of dif ferent FIs where our funds have landed and taken off again over time, and t he corresponding transfer processes. Well, we'll see....
I have utmost admiration for anyone who goes back years to get things in ba lance. I've got a few obvious things that I know I have to adjust, but not so old, and I have been procrastinating. My feeling is that long standin g Quicken investment files can really be of help to a spouse or an estate r epresentative (besides the obvious for doing current taxes) in understandin g or unscrambling possibly jerry rigged financial records that we, the crea tors, understood at the time, but have long system forgotten. Making them reflect reality is just about as wonderful as a dish of chocolate fudge ice cream for someone whose mind wants everything in a nice neat package that is understandible to whoever has to deal with your "stuff" later.
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On Sunday, March 3, 2013 6:00:52 PM UTC-5, Al wrote:

il.me... > > > After reading another thread, I went back over my own mutual fund accounts > > > to see how the Quicken balances compared to the mutual fund online > > > websites. > > > > > > All my shares & balances matched u p just fine. > > > However, I did find one anomoly, that I'm not quite sure about. > > > In a couple of mutual fund accounts, there exists a "cash bal ance". > > > It is in the lower right corner when bringing up the "Holdings " display > > > screen. > > > There should be nothing like this - so it mus t be some transaction > > > weirdness. > > > > > > The "Cash Balance" line item - zero or not - > > > only shows up for my accounts that have multiple funds holding in that > > > account. > > > ie - > > > my Vanguard account, with several funds, is showing a minor "cash > > > balance". > > > my Fide lity IRA - mine - with several funds is ok - shows zero > > > my Fidelity I RA - wife - with several funds is showing minor "cash > > > balance" > > > my Schwab acct - with lots of stocks, etfs, - shows zero > > > > > > SO - a ny ideas what I should go back and search for on the transaction > > > hist ory ? > > > > > > -- > > > > Just as a followup for anyone else that might stumble across this... > > My problem appears to be back in the 2005/2006 t imeframe. > > I must have missed some downloading of yearly divs & re-inves tments. > > Therefore, at the time, to balance things out via the Reconcile , > > I agreed to create a "balance adjustment" - which added cash to the a ccout. > > This added cash made up for the missing equity... and the "total " now > > matched the Fidelity totals. > > > > I now went back, and re-crea ted a correct transaction for 2006 > > that properly accounted for the equi ty - and deleted the "bal adjustment". > > Now the cash balance is zero, an d the equity correctly equals the account > > balance. Congrats on nailing it, but, Lord Almighty! Referencing another thread where we are dissecting QKN-FI differences, I hope I don't have to go back the umpteen years or so you did. I would be further confounded by tracing through statements of dif ferent FIs where our funds have landed and taken off again over time, and t he corresponding transfer processes. Well, we'll see....
I have utmost admiration for anyone who goes back years to get things in ba lance. I've got a few obvious things that I know I have to adjust, but not so old, and I have been procrastinating. My feeling is that long standin g Quicken investment files can really be of help to a spouse or an estate r epresentative (besides the obvious for doing current taxes) in understandin g or unscrambling possibly jerry rigged financial records that we, the crea tors, understood at the time, but have long system forgotten. Making them reflect reality is just about as wonderful as a dish of chocolate fudge ice cream for someone whose mind wants everything in a nice neat package that is understandible to whoever has to deal with your "stuff" later.
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here's the reply from Chase ---> It's a Quicken problem - ---------
Thank you for bringing your concern to our attention. It is my pleasure to assist you with your banking needs today.
After careful review, we are showing that this is an issue with Quicken. You can contact Intuit at directly 1-800-446-8848 to speak with a technical specialist that can assist you with exporting your account activity.
We do offer online banking through Quicken(R) and QuickBooks(R) software. For customers who have personal accounts with us there are no fees or using this service.
Quicken and QuickBooks are trademarks of Intuit Inc., registered in the United States and other countries.
You can access and manage your account through Chase Online(SM) anytime.
To export account activity data, log on to Chase Online and follow these steps:
1. Click on "Download Activity" from the "I'd like To" drop-down list on the "Account Activity" page.
2. Choose the date range of transactions you wish to export and select "Continue."
3. Select the software format and version to which you want to export.
4. Click "Download Activity." Your browser will prompt you to open or save the file.
5. Selecting ?Save the File,? then choose the destination of the saved file.
We value you as a Chase customer. Please send us a message through the Secure Message Center while you are logged on to chase.com, or call us at 1-877-CHASEPC (1-877-242-7372), if you have any questions.
Thank you,
Joanna Lynn Trevino Internet Service Center
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That is much nicer put than the answer I got on the phone today from Chase (another thread). They transferred me first to Quicken, which had voice prompts I didn't get and then hung up. On the second try the Chase lady hung up herself when I asked to speak to their online help.
--
Best regards
Han
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I also finally resolved my Vanguard account with the negative "Cash Balance". Someone on the Quicken forum suggested walking the "as of" date backwards until the Cash Balance was back to zero.... So - found it changed back in 9/2004 - and pinpointing the date led to the discovery. One of the transactions was downloaded/entered/corrected - wrongly - All the mutual fund transactions showed the divs as "div-reinvest". There was one transaction that showed as "bought". Of course this should have a matching cash influx, there was none - hence the negative Cash Balance. Changed the transaction from "Bought" to the normal "Div-Reinvest", and all is good.... This was a tough one to find -
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On Thursday, March 7, 2013 11:04:42 AM UTC-5, ps56k wrote:

Holy single entry bookkeeping! Sweating from thinking what awaits me. Congratulations on your patience and perseverance. A true model for us all. I think I'll start tomorrow.
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Hi, ps56k.
Congratulations!
Having been through MANY such exercises - for myself and for clients - I DO know how good it feels. ;<)
RC -- -- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken Deluxe 2013 R 11 and Windows Live Mail in Win8 x64)
"ps56k" wrote in message

I also finally resolved my Vanguard account with the negative "Cash Balance". Someone on the Quicken forum suggested walking the "as of" date backwards until the Cash Balance was back to zero.... So - found it changed back in 9/2004 - and pinpointing the date led to the discovery. One of the transactions was downloaded/entered/corrected - wrongly - All the mutual fund transactions showed the divs as "div-reinvest". There was one transaction that showed as "bought". Of course this should have a matching cash influx, there was none - hence the negative Cash Balance. Changed the transaction from "Bought" to the normal "Div-Reinvest", and all is good.... This was a tough one to find -
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