Need help creating Short Position in Quicken for Accepting Download

[Bob]

I have a problem.

I have a brokerage account with Fidelity for my Roth IRA.

This is what I did:

On one day I deposited $4000 into my brokerage core account, a money market
account.

A few days later I bought $3000 worth of funds with $1000 left over from the
core account.

Within the next few days I bought $1000 worth of funds and I liquidated a
fund with the intention of using the cash from that sale to buy more of
another fund I already own ($3175.55 worth). Because the second fund was not
a "Fidelity family fund" I was required to park the money in the core
account for a day or so before I could turn around and make the purchase, so
I at some point my core account might have had $4175.55 in it.

When I down loaded my transactions from Fidelity, Quicken shows a short sell
of $3000 and all my purchases.

It also shows a Sold of $3175.55 and Bought of $3175.55 respectively of the
fund I liquidated and the fund of which I bought more shares.

It also shows the Bought of $1000 of the other funds I purchased.

So good, so far.

But then it shows a "Bought" into my core account of $2175.55 (not
$3175.55 -the amount I parked there till I could make my purchase) and a
Sold of $3185.55. It's this latter download Quicken will not let be
accepted.

Every time I try to Accept it it says: "You should use two transactions: one
to sell the shares you hold and one to create your short position."

So somewhere $1000 is not being accounted for as a Buy in my money market
core account.

Plus I now also have a cash balance of $824.44 which is such an odd figure
but if you add it to the $2175.55 it's almost $3000, which would match the
short sell amount of $3000, but really I have no idea how to reconcile this.

Anyone have any ideas?

Thanks.

[BD]

"Bob" <no@mailplease.com> wrote:
I have a problem.I have a brokerage account with Fidelity for my Roth IRA.This is what I did:On one day I deposited $4000 into my brokerage core account, a money marketaccount.A few days later I bought $3000 worth of funds with $1000 left over from thecore account.Within the next few days I bought $1000 worth of funds and I liquidated afund with the intention of using the cash from that sale to buy more ofanother fund I already own ($3175.55 worth). Because the second fund was nota "Fidelity family fund" I was required to park the money in the coreaccount for a day or so before I could turn around and make the purchase, soI at some point my core account might have had $4175.55 in it.When I down loaded my transactions from Fidelity, Quicken shows a short sellof $3000 and all my purchases.It also shows a Sold of $3175.55 and Bought of $3175.55 respectively of thefund I liquidated and the fund of which I bought more shares.It also shows the Bought of $1000 of the other funds I purchased.So good, so far.But then it shows a "Bought" into my core account of $2175.55 (not$3175.55 -the amount I parked there till I could make my purchase) and aSold of $3185.55. It's this latter download Quicken will not let beaccepted.Every time I try to Accept it it says: "You should use two transactions: oneto sell the shares you hold and one to create your short position."So somewhere $1000 is not being accounted for as a Buy in my money marketcore account.Plus I now also have a cash balance of $824.44 which is such an odd figurebut if you add it to the $2175.55 it's almost $3000, which would match theshort sell amount of $3000, but really I have no idea how to reconcile this.Anyone have any ideas?Thanks.


I know this isn't what you want to hear, but I would delete these and
reenter them manually. I don't have Fidelity, but it sounds like the
download thinks you sold shares instead of buying them. I had
something like this happen once and I think that's what I did to fix
it...