Merging Accounts

[BAD]

While setting up Quicken to download my account information from Vanguard I
ran into the following problem.

Vanguard uses one account number for my three IRA accounts. Each account
holds one mutual fund. I have always kept the three mutual funds in
separate accounts in Quicken. When I download the Vanguard information it
all goes into one of the three accounts.

So I think I should merge my three Quicken accounts into the one account
Vanguard wants to download to. I've been reading the Quicken help on how to
merge accounts and it is not very clear to me.

An I on the right track here. Do any of you know how to merge three
accounts into one account? Thanks in advance.




Using Quicken 2003 on a Dell with Windows Home XP
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[John Pollard]

BAD wrote: While setting up Quicken to download my account information
from Vanguard I ran into the following problem. Vanguard uses one account number for my three IRA accounts.
Each account holds one mutual fund. I have always kept the three
mutual funds in separate accounts in Quicken. When I download the Vanguard information it all goes into one of the three
accounts. So I think I should merge my three Quicken accounts into the
one account Vanguard wants to download to. I've been reading the Quicken help on how to merge accounts and it is not very clear
to me. An I on the right track here. Do any of you know how to merge
three accounts into one account? Thanks in advance.

Yes, I think you are on the right track. I am fairly sure that
Q2003 has a "transfer shares" capability (like Q2002 in
substance, if not in form).

In Q2002 deluxe for Windows, US (in the register of the "from"
account):

Easy Actions > Advanced > Transfer shares between accounts

Once you specify the security, number of shares, and account to
transfer to, you can choose which lots to transfer (all in your
case). Basically, you get one ShrsOut transaction for each
security (in the "from" account), and one ShrsIn for each lot of
each security (in the "to" account).

[You can do something very similar from the Portfolio screen,
but there you can name both the "from" account and the "to"
account.]


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John Pollard
j underscore pollard at mindspring dot com
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