About reconciling investment accounts

Reconciling your Quicken account to your broker's statement is one way to make sure that your Quicken records are in agreement with those of your broker. But is it worth the effort? Your brokerage may use slightly different transaction types from those used in Quicken, or it may use two transactions where Quicken uses only one. For example, your statement may report a Dividend and then a Buy, where Quicken would use only a single Reinvest Dividend transaction. If you've signed up for online investment account services with Quicken, it's usually simpler and just as accurate simply to download transactions directly from your broker and then occasionally use the Compare to Portfolio feature.

If you do decide that reconciling investment accounts is appropriate for your circumstances, click a link below to learn more.

What can I do?