This is really weird!!

Aug 01, 2011 3 Replies

I've used Quicken for 15 years and have never come across this problem. I am now in Quicken Deluxe desktop 2011.



Problem: Quicken will not let me sell shares I own. No it is not a share name or date issue.



I put an image of the problem at

formatting link
Even though I have 16 shares, when I try to sell 3 shares, Quicken insists it is a short sale - which is wrong.



Even when I select the shares to sell, or let it choose them, Quicken insists it is a "short" sale.



How do I get around this problem?


Hi, Jeff.

Didn't we just do this a couple of weeks ago?

Ah, yes. You started the thread, "Quicken insists on short sales" on

7/14/11. After a couple of exchanges, you reported on 7/15/11 4:22 PM (Texas time) as follows:

Hi R.C.

Problem solved. Going to each transaction one at a time I discovered the problem.

It was a stock split that was entered wrong in Q. Instead of 9 shares from 6, it was entered as 0 from 6

When corrected, all went well.

Thanks for helping.

Jeff

In that thread, I delivered the standard advice in such situations: "So always tell it the exact dollars and cents, and the exact number of shares. Don't make it calculate the number of shares."

RC

-- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken Deluxe 2011 R 8 and Windows Live Mail in Win7 x64)

I've used Quicken for 15 years and have never come across this problem. I am now in Quicken Deluxe desktop 2011.

Problem: Quicken will not let me sell shares I own. No it is not a share name or date issue.

I put an image of the problem at

formatting link
Even though I have 16 shares, when I try to sell 3 shares, Quicken insists it is a short sale - which is wrong.

Even when I select the shares to sell, or let it choose them, Quicken insists it is a "short" sale.

How do I get around this problem?

Sorry for the short memory ..... I did not remember facing this before.

I'll check for a similar problem in this case.

Amazing but it was the same problem! A downloaded transaction for stock split that was erroneously entered (9 new shares and the old shares field left blank). Once that was corrected the problem disappeared.

Glad you had a better memory than mine, and Thank you.

Jeff

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