1. Home
  2. Quicken Personal Finance
  3. Problem with Investment Performance report

Problem with Investment Performance report

Using Quicken Premiere Windows, R46.12.

Problem with Investment Performance report. During the period covered by the report, Fidelity converted my shares of "Fidelity 500 Index Fund Premium Class" to "Fidelity 500 Index Fund Institutional Premium Class". I got Quicken to model this transaction and it seemed to go well.

Quicken generated a transaction with action "Removed" for 406.852 shares of the old fund, with an "Inv. Amt" equal to -$36,704.34.

Quicken also generated a series of transactions with action "Added". When I added up the shares expressed in all of these transactions, I got back the above value 406.852 shares. All good. Quicken is preserving cost basis information, I guess.

Now here is the problem. When I generate the report, the transaction with action "Removed" a value of $15,769,691.66 in the "Returns" column.

If I live to be 100, US$15 million will never pass through my hands. I guarantee it.

I see a similar problem with another conversion. In the register, 411.297 shares of a mutual fund were converted. Quicken recorded an "Inv. Amt" equal to -$37,103.88. Not unreasonable. In the report I generated, the value appears as a row with 45,435.97 in the "Returns" column. Not so far off this time, but the negative sign is missing.

Any suggestions?

Reply to
David Arnstein
Loading thread data ...

I'm not saying you can't or won't get a good answer here; but there are several SuperUsers in the Quicken Community

formatting link
who are really sharp in this area.

Even if they haven't already seen the problem and determined the best approach, I'm sure they have the skill to give you some good advice.

Reply to
John Pollard

It sounds like there may be a discrepancy between the data in your register and the data being pulled into the report. Here are a few suggestions to help troubleshoot the problem:

  1. Check the date range of the report: Make sure the report is only including the transactions from the correct date range. If the report is pulling in transactions from outside the date range, it could be causing the discrepancy.
  2. Check the account settings: Make sure the account settings in Quicken are set up correctly. Specifically, check the "Lot selection" and "Accounting method" settings. If these settings are not configured correctly, it could be causing discrepancies in the report.
  3. Review the transaction details: Double-check the transaction details for the "Removed" and "Added" transactions. Make sure the share quantities, share prices, and dates are all accurate. If any of these details are incorrect, it could be causing discrepancies in the report.
  4. Contact Quicken Support: If none of the above suggestions resolve the issue, it may be necessary to contact Quicken Support for further assistance. They may be able to provide additional troubleshooting steps or escalate the issue to their technical team for resolution.
Reply to
Smart Bean

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.