How do I transfer a security from one account to another?


G

Gary

I have recently pulled out all securities from a full-price broker
(Wachovia) account and transferred them to my Vanguard account.

How do I make this happen in Quicken? What in Quicken connects my
Walt Disney stock to Wachovia, that I can now transfer to Walt Disney
stock under Vanguard?
 
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J

JM

Gary said:
I have recently pulled out all securities from a full-price broker
(Wachovia) account and transferred them to my Vanguard account.

How do I make this happen in Quicken? What in Quicken connects my
Walt Disney stock to Wachovia, that I can now transfer to Walt Disney
stock under Vanguard?
Open your Wachovia account to the register view.
From the Transaction tab, select 'Transfer Shares Between Accounts'
Fill in the info indicating transfer to the Vanguard account.
You will see a 'Shares Removed' action for all shares of the security
in the Wachovia account. You will see a 'Shares Added' action for each
lot of the security in the Vanguard account.
Repeat this for each security held at Wachovia.

You securities, along with correct cost basis, will be transfered.
You can then hide the Wachovia account - all historical transaction
data is preserved for future reference.
 
G

Gary

Thank you, JM. This worked perfectly.

Open your Wachovia account to the register view.
Fill in the info indicating transfer to the Vanguard account.
You will see a 'Shares Removed' action for all shares of the security
in the Wachovia account. You will see a 'Shares Added' action for each
lot of the security in the Vanguard account.
Repeat this for each security held at Wachovia.

You securities, along with correct cost basis, will be transfered.
You can then hide the Wachovia account - all historical transaction
data is preserved for future reference.
 
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S

Steve

JM said:
Fill in the info indicating transfer to the Vanguard account.
You will see a 'Shares Removed' action for all shares of the security
in the Wachovia account. You will see a 'Shares Added' action for each
lot of the security in the Vanguard account.
Repeat this for each security held at Wachovia.
You securities, along with correct cost basis, will be transfered.
You can then hide the Wachovia account - all historical transaction
data is preserved for future reference.
True, except that your Investment Performance reports for those
securities will be forever screwed up. Near as I can tell, Intuit has
still not fixed this bug.
 

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