Quicken 2003
Some months back, I set up a brokerage account with a linked cash account. The initial deposits were a CD and cash (in several increments) from accounts that were not part of my Quicken database. I no longer remember whether I entered the data initially into the brokerage account or the cash account.
Since then, there have been transactions (interest, checks), and when I download the monthly transactions they all seem fine.
But at the end of the transaction entries, after I've accepted them, I get a message from Quicken saying that "your Quicken account and brokerage holdings are not equal". It shows two items. One is the CD - it shows "0" in the "quicken account share balance" and a number in the "brokerage account share balance" that is 1% of the value of the CD. The second item is a cash entry that I can't directly match to anything (I assume it must be a sum of some transactions). Again, there is "0" in the Quicken Account share balance and a number in the "brokerage account share balance".
account has the correct dollar balance and the brokerage account shows a "linked cash bal" that is the same as the cash in the linked cash account and an "ending market value" of "$0". [It appears that all of the cash entries in the cash register appear in the brokerage register column headed "basis Mkt. Value";the "cash bal" column in the brokerage register has only 0.00 entries.
I get the following choices for making an adjustment: Enter Buy/Sell transactions - this makes no sense because there is no stock in the account.
Enter Split, Divident or other transactions - also makes no sense for the same reason.
Enter a simple shares adjustment - I tried this but ended up doubling the amount (for ex: $1000 in the cash account and $1000 in the brokerage account for a total of $2,000, when there is only a total of $1000).
Enter a Transfer transaction - only one choice makes sense: the cash account, but it won't let me do that, either. "there are not enough shares for this security in the account you are trying to transfer from. Either choose a different account or update the holdings in the transfer from account".
I suppose it doesn't hurt anything to keep getting this adjustment message every month, but it bothers me and I'd like to get rid of it.
Does anybody have any idea what I need to do?
d2