Create Opening Share Balance

Quicken reports performance and unrealized gain or loss for the period starting with the date on which you begin tracking the mutual fund. For this reason, the best way to create an accurate cost basis for reports is to enter all transactions from the time you acquire the fund. This is the only way to report an accurate capital gain or loss if you sell the fund.

However, to set up quickly, you can create an opening share balance as of today or as of the end of last year, and enter a complete transaction history in the transaction list later.

To set up the account quickly

Enter the number of shares and the price per share as of today or as of the end of last year. Change the date if necessary, and then click OK.

To set up the account more accurately

Click Cancel, and then enter the transaction history of the account up to the present.