splitting stock and handling spinoffs in multiple accounts

se split and a spinoff of Verizon shares. Without thinking this through, I thought I had to handle these transactions in each account, but soon saw that it was creating transactions in both accounts for whatever I did in o ne (and when I tried to correct them, I made a gigantic mess and hung Quick en).

the figures I need to enter in the Split stock and Spinoff screens are di fferent depending on which account I do the transaction in, but I'm now get ting the impression that this doesn't matter because it just establishes th e ratios and Quicken (2014) propates this to the second account. Can anyo ne confirm?

Stock splits are applied across all accounts. Spinoff is not applicable to this transaction. I suggest you review and monitor this discussion on the QLC site:

erse split and a spinoff of Verizon shares. Without thinking this throug h, I thought I had to handle these transactions in each account, but soon s aw that it was creating transactions in both accounts for whatever I did in one (and when I tried to correct them, I made a gigantic mess and hung Qui cken).

so the figures I need to enter in the Split stock and Spinoff screens are different depending on which account I do the transaction in, but I'm now g etting the impression that this doesn't matter because it just establishes the ratios and Quicken (2014) propates this to the second account. Can an yone confirm?

to this transaction. I suggest you review and monitor this discussion on t he QLC site:

I will check the link but don't understand at this point why spinoff isn't appropriate. I got VZ shares because I had VOD. That's not a spinoff?

everse split and a spinoff of Verizon shares. Without thinking this thro ugh, I thought I had to handle these transactions in each account, but soon saw that it was creating transactions in both accounts for whatever I did in one (and when I tried to correct them, I made a gigantic mess and hung Q uicken).

t so the figures I need to enter in the Split stock and Spinoff screens ar e different depending on which account I do the transaction in, but I'm now getting the impression that this doesn't matter because it just establishe s the ratios and Quicken (2014) propates this to the second account. Can anyone confirm?

e to this transaction. I suggest you review and monitor this discussion on the QLC site:

t appropriate. I got VZ shares because I had VOD. That's not a spinoff?

Nope. In this case, that is a dividend - in shares rather than dollars or pounds.

reverse split and a spinoff of Verizon shares. Without thinking this th rough, I thought I had to handle these transactions in each account, but so on saw that it was creating transactions in both accounts for whatever I di d in one (and when I tried to correct them, I made a gigantic mess and hung Quicken).

ent so the figures I need to enter in the Split stock and Spinoff screens are different depending on which account I do the transaction in, but I'm n ow getting the impression that this doesn't matter because it just establis hes the ratios and Quicken (2014) propates this to the second account. Ca n anyone confirm?

ble to this transaction. I suggest you review and monitor this discussion on the QLC site:

n't appropriate. I got VZ shares because I had VOD. That's not a spinoff?

Thanks, Tod. I just about had heart failure when I read the thread you po inted me to. What a complicated mess, and one that Quicken does not handle directly. Independent of the VZ dividend, I worked with my split t o arrive at the correct # of shares, but now, every time I download my hold ings with OSU, I get a message that a split for a different ratio (close to mine but not exactly the same) is missing from my data. I'd rather use mi ne since it produces the correct number of whole and fractional shares but I see no way to get rid of this repeated nudging to use the downloaded one. Is there a solution to that?

Thanks.

On Saturday, March 8, 2014 7:23:58 PM UTC-6, jo wrote: Independent of the VZ dividend, I worked with my split to arrive at the cor rect # of shares, but now, every time I download my holdings with OSU, I ge t a message that a split for a different ratio (close to mine but not exact ly the same) is missing from my data. I'd rather use mine since it produce s the correct number of whole and fractional shares but I see no way to get rid of this repeated nudging to use the downloaded one. Is there a solu tion to that?

Sorry for the delayed response. I am not clear on the specifics of those n udges. Sometimes I see them, sometimes I don't. You might try unchecking the specific split suggested by Quicken, then "accepting" the empty (none-c hecked) list of possible splits. I do that sometimes but have not tried to correlate program behavior.

"jo" wrote

... every time I download my holdings with OSU, I get a message that a split for a different ratio (close to mine but not exactly the same) is missing from my data.

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If the suggested split has a different date than your split; you could try either changing the date of your split to match the suggested split date, or manually entering a 1 for 1 split on the suggested split date.