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Recalculation of Investment Transactions

Q2010 R3 WXP

I have had a problem ever since installing R3. I download transactions from several brokerages and credit cards daily. Every week or so I notice that the Cost Basis for money market funds varies from the Market Price, usually by just a few dollars. These of course should always be the same number. I have contacted Q support and they say to copy the file, validate it, then recalculate it. That works, but a few days later the same disparity recurs.

Question 1: Is there a way I can correct the problem?

Question 2: I recall from years ago that validating files had some risks of their own. Can I validate and recalculate as often as necessary if I can't solve the underlying problem?

Thanks

nemo

Reply to
Nemo
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Do you examine the downloaded transactions before you accept them?

If so, do they contain a "Total Cost" (for the number of shares purchased, or sold) that you know to be incorrect? If so, why do you accept them?

If you don't examine each downloaded transaction before you "accept" it, why not?

Have you checked your price history for your money market funds? If so, have you found prices not equal to $1.00 per share?

If you find incorrect price/share values in your price history, have you attempted to determine whether the prices are coming from Quicken's price servers or from your financial institution - by excluding the mm funds prices from being downloaded in a Quicken price download .... since mm fund prices should always be $1.00, there is no reason to ask Quicken to download those prices ... and if Quicken isn't downloading them, then your financial institution is.

Reply to
John Pollard

Yet another reason to distrust downloads from Quicken or ANY financial institution.

Reply to
Sharx35

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