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The main problem that I've found is that Quicken doesn't like short
transactions and it doesn't like transactions that buy/sell the same
transactions on the same day. By "not like", I mean that it has trouble
matching up buys/and sells.
Here's a post that I wrote on this topic a couple of year ago:]
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&threadm=x9EG6.26
%24WT6.51351%40news.pacbell.net&rnum=5&prev=/groups%3Fq%3Dgary%2Bfunck%2Bqui
cken%26ie%3DUTF-8%26oe%3DUTF-8%26hl%3Den
short url:
http://tinyurl.com/4lxk
> -----Original Message-----
> From: grehert@xxxxxxxxx [mailto:grehert@xxxxxxxxx]
> Sent: Saturday, January 18, 2003 3:55 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Quicken - wouldn't it be nice if ...
>
>
> This year I thought I'd get Quicken 2002 and download my stock
> transactions
> from Brown & Co. and Interactive Brokers into it, and give me end-of year
> reports for my accountant, saving me mucho hours of time. Well so far it
> doesn't seem so easy. It seems as though the portfolio at year
> end doesn't
> agree with the downloads. I'm not sure if it has something to do
> with stock
> splits or stock name/symbol changes during the year or bad downloads or
> what.
>
> Has anyone tried this in the past? Could anyone advise me if
> using Quicken
> for tax reports is nothing more than a pipedream?
>
> G. Rehert
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