Quicken errors in Net Worth

Net Worth is the sum of all your assets and liabilities, so changes in other accounts away from your Investment Account can swamp the change in your investment account. Based on your example it seems that the sum of declines in other asset accounts (e.g., expenses paid by check) and increases in other liability accounts (e.g., expenses paid via credit card) amounted to -$3,000 which, when added to your $2,000 increase in the investment account nets out to a $1,000 decrease in Net Worth.

You don't say where you're reading this net worth figure - I assume at the bottom of the account bar - but if you run a net worth report making sure to include *all* accounts, even hidden ones, you should be able to see the composition of changes in net worth from day to day.

Tom Young

No, the Net Worth properly updates immediately when i enter a check, credit card, or other transaction.

Correct.

I do not have any hidden accounts with non-zero balances.

No, the Net Worth properly updates immediately when i enter a check, credit card, or other transaction.

Correct.

I do not have any hidden accounts with non-zero balances.

Have you run a Net Worth report when you notice the problem and then compare the report to the Account Bar? If you compare the report line- for-line to the Account Bar and each line agrees but the totals are different that might indicate a problem, or not. Also, in the back of my mind I seem to recall some funkiness with Quicken's handling of x- dividend stocks, but I don't remember exactly what that issue is. I

Tom Young

It sounds like some data that was downloaded was incorrect, or incorrectly entered data that affected the later download.

I also noticed a big drop in net worth, but attributed it to the incomplete data for a split in PCU (Southern Copper). The stock price had dropped by 2/3rds, but the split had not yet been registered. I entered the split at 3 for 1, and the data once again looked good.

I've also seen problems like this when I've mixed up the number of shares and price when entering a stock purchase transaction. For example

If it were me, I'd run a net worth report, show columns for each month, or week, and see where the amounts changed. Then focus in on where the change appears.

I doubt that it is a Quicken bug, or anything that is fixed in a more recent version.

-- Jim