Split ratio exceeds 1000:1 maximum

Apr 05, 2010 5 Replies

Using Quicken 2008 Deluxe in Windows 7. Suddenly today, after downloading transactions, as Q went through it "comparing transactions" a window popped up saying "Split ratio exceeds 1000:1 maximum". There was only button option on it: OK, so I clicked on it and the comparison continued and everything else seemed normal.



Happened in 2 investment accounts and I have never seen this error before. What does it mean and what should I do?



Jeff


Additional info: this occurred in 2 accounts in which equities had been transferred to another account but not yet recorded.

Did any of your securities recently undergo a stock "split"? Did your financial institution (or Quicken's price servers) download a stock split transaction?

hard to know. There were many transactions. I will look for it. Anyway, everything seems correct.

You can see that same message if you initiate a stock split transaction and enter a number greater than 1000 for new shares and 1 for old shares.

If you really had a stock split with a ratio greater than 1000 to 1; I think you'd have to use multiple split transactions to achieve the desired end result.

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