marcharry wrote:I have 40 transactions from one account entered that the program assumes were in USD - that was the default currency at the time. It now refuses to allow me to change the currency of the account or of the individual entries because they originally posted in USD - I need them to be in CDN - how?
I don't understand why you have to explicitly choose US$ and/or explicitly specify the FX rate. I use the CA version of Q02 Deluxe. When I enter a transaction in a US$ account, before it's saved Q02 tells me the exchange rate it will use (which it downloaded off the Internet during a portfolio update.) I can override this but never do. (It's close enough.)How does the software track the foreign exchange component? Can it? That is: I enter the PURCHASE i choose USD in the dropdown but nowhere does it ask for the FX RATE on the day. Of course I can put that note in the MEMO part and do it manually - but there must be a way. The software simply wants me to go to the currency list and update the rate on any given day - just to keep it current.
You might be able to get help here http://quikiwiki.com/tiki-index.php although it's a US-based site. (I found it just now when I tried to load the now defunct Unofficial Quicken Web Page.)What is the best source of info on this stuff aside from the HELP tab - quicken for dummies? Is there an online chat group?
Newer versions of Quicken have mostly cosmetic improvements plus a product activation "feature" that prevents you from installing on more than one PC. I'm sticking with Q02 until the banks stop supporting it for transaction downloads.Is there anything worthwhile in 2005 version - I could upgrade. I know that many of you use older versions and are happy with them.
I'm sticking with Q02 until the banks stop supporting it for transaction downloads.
Shakespeare wrote:Not being and never intending to be a Quicken user: would it be possible to kludge a fix via .csv file and an Excel spreadsheet if the banks stopped supporting the Quicken version you were using?
I don't understand why you have to explicitly choose US$ and/or explicitly specify the FX rate. I use the CA version of Q02 Deluxe. When I enter a transaction in a US$ account, before it's saved Q02 tells me the exchange rate it will use (which it downloaded off the Internet during a portfolio update.) I can override this but never do. (It's close enough.)
I hold a US dollar ETF in a canadian account (I realize that it should be held in the US side of the account - but it wasn't - my bad)
couldawouldashoulda wrote:Although the program will allow me to set up each transaction with a conversion factor if I want, I prefer not to use that feature.
couldawouldashoulda wrote:By entering the transaction cost in Canadian dollars, I've already converted the stock to Canadian dollars without effectively entering the conversion rate. Surely the CRA would see this as being correct? The dollar amount coming out of my brokerage account is Canadian, not US.
Which version of Quicken are you using? I'm still on 2002 Deluxe. (I have 2006 but it's not currently installed.)marcharry wrote:on the SharesIn(AddShrs) if I enter a "price paid" then software will calc a cost paid and presumably debit cash. I tried to zero the net cost - no way... How do you fiddle it so that on the SharesIn the cash impact is zero, but the cost base is in the system?
I've been a loyal beta tester since 2004. In exchange for playing around with each new release, reporting bugs and making suggestions, I get a free copy of the final software. Being a Quicken beta tester isn't an onerous task. It's not hard to find bugs or to come up with suggestions for imporovement. And the best :?: part is that most of what I find or suggest in one year is equally applicable the nextAltaRed wrote:Bylo, your rationale for upgrading to 2006?
Me too. But they've announced the end of support for Q02 in the US, so Canada can't be far behind. At that point I'll be forced to use Q06 for productive workI have been holding off any upgrade from 2002 Deluxe version.
6 years ago Bylo Selhi wrote:The only way I know to do this is to have two securities for EFA, one in each currency, e.g. EFA$U and EFA$C. Then you can journal shares by ShrsOut, say 100 shares of EFA$C at CA$1,200 and ShrsIn 100 shares of EFA$U at US$1,000. Make sure you have the correct ACB and use the correct FX rate to make everything kosher taxwise.
(BTW, I do this with interlisted shares like RY when I convert CA$ to US$ using Norbert's gambit.)
Peculiar_Investor wrote:paging Bylo.
Peculiar_Investor wrote:My questions are a) what do I enter as the stock name? b) what do I enter as the symbol? and c) what do enter as the price? Going forward, how do I update stock prices so that the same security in the registered C$ account and the non-registered US$ account reflect accurate prices?
Bylo Selhi wrote:I'm heading out later this morning on an Internet-free overseas trip...Peculiar_Investor wrote:paging Bylo.
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