Adding transactions to resolve out-of-balance securities
If you are using Quicken for tax purposes, you should add the actual transaction to resolve the out-of-balance entry. This is required to report on taxes correctly, to get the long and short-term gain and other implications correctly.
To add a transaction to resolve the out-of-balance security
Double-click the cost-basis entry.
Click the Add Transactions icon.
The Add Transaction sheet appears, displaying the discrepancy in the number of shares.
Select the transaction type from the drop-down list.
Enter the exact date of the transaction.
Enter the total price, number of shares, and commission amount for the number of shares appearing as a discrepancy.
Add memo and tags as suitable.
Click Save to add the transaction.
Note: When you resolve the out-of-balance securities, you must ensure that:
The resolution transaction doesn’t impact the cash balance of the account.
The date for the actual transaction is earlier than the date for the cost basis transaction.