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| In microsoft.public.money, JMJMJM wrote: - quote - > For 401K securities with fixed $1.00/share securities,
I think Money does a Remove Shares.> Quicken 2000 allows negative interest values for the > purpose of recording a loss in the security. When these > transactions are imported into Money 2004, Money records > the negative interest values with their absolute values > (positive interest). This leads to incorrect data > (balances, returns, etc.) for the account. Does anyone > know how to correct this? Is there an automatec way to > import such accounts without error? If not, how does > Money handle such losses in a 401K account? (Note that I > tried to simply add the negative sign in the Money file, > but Money does not allow negative interest values.) - quote - > I'd appreciate any help on this issue. I assume that > this is a common issue for people converting from Quicken > since it is very common for 401K's to have the $1/share > restriction and the negative interest entries were > created by Quicken's automated 401K update feature. Is > there a knowledge base article? I couldn't find one. |
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| For 401K securities with fixed $1.00/share securities, Quicken 2000 allows negative interest values for the purpose of recording a loss in the security. When these transactions are imported into Money 2004, Money records the negative interest values with their absolute values (positive interest). This leads to incorrect data (balances, returns, etc.) for the account. Does anyone know how to correct this? Is there an automatec way to import such accounts without error? If not, how does Money handle such losses in a 401K account? (Note that I tried to simply add the negative sign in the Money file, but Money does not allow negative interest values.) I'd appreciate any help on this issue. I assume that this is a common issue for people converting from Quicken since it is very common for 401K's to have the $1/share restriction and the negative interest entries were created by Quicken's automated 401K update feature. Is there a knowledge base article? I couldn't find one. |
| Tags |
| 401k, acct, conversion, losses, quicken |
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