I have Quicken Premier Windows subscription, all software up-to-date.
I have two problems accounting for an employee stock option in Quicken.
My grant date and my date of first vesting are oddly out of sync in real
life. The grant date is August 15 of last year, and the first vesting
date is July 31 of this year. Quicken insists on setting the first
vesting date to August 15, though I specified July 31. I cannot change
this date in Quicken. This is a bug. This is problem number one.
In real life, I have been vested N shares on July 31. Quicken computes
my vested shares as N-1. I cannot change this number in Quicken. This
is not really a bug. Quicken did a rounding computation for a fractional
number of shares, and my employer rounded differently. This is problem
Since problem number two is not a bug, I don't have much hope that I
will get a complete solution from Quicken. I am looking for work-arounds.
I am planning on creating a phantom brokerage account and recording
ordinary share sales in that account, with dates in the future. This
work-around replaces vesting transactions with sale transactions.
Clearly this is not ideal. Is there a better work-around?
- posted 1 year ago