Reconcile Glitch

[elliots]

Mark,

Have a reconciliation issue -- I'm in the Beta but it may be because of an odd-ball security symbol. A stock I own issued a contingent right. The right was imported from Scottrade as a buy for $0 and has the symbol "(PH.C1)" and it has a CUSIP. It has no price (I had to put something in the FM investment so used 0.01). It shows up in the online website for the broker. It shows up in the *.PS1 file from Scottrade with that symbol (which includes the parenthesis and period) and CUSIP. The reconcile routine is seeing the position in FM but not in the statement -- that's the current issue.

Future issue. The right is actually a contingent dividend. At the end of the month I get to elect to receive either cash or stock for the right based on some calculations the company will publish then -- there will be a slight incentive to take stock. So if I take stock, it's like a stock dividend (and I haven't checked to see how FM handles these). If I take the cash, I guess I can delete the right and just put in regular dividend transaction when I get the cash.

Elliot

[Mark]

Hi Elliot,

If you view your Scottrade position file (*.PS1) in a text editor, like Notepad, do you see any sign of this position? A .PS1 file is a text file, so you can open it up, and take a look. If Scottrade isn't reporting a position for it, then you may either want to remove it yourself from FM, or you can mark it as "ignore when reconciling" under Investment Properties.

It sounds like the dividend would be just a dividend, and you could either mark it as "Reinvested" if you get more shares, or "Distributed" if you take the cash.

[elliots]

Mark,

As I said above, the position is in the PS1 file with the same symbol and CUSIP as in FM.

Elliot

[Mark]

Hi Elliot,

Sorry, I should have read more carefully... Why don't you email me this investment file (*.dat) and the .PS1 file. I'll see if I can't reproduce the problem here.

[Mark]

Hi Elliot,

Thanks for sending the files. The issue was that the position had a $0 market value, so FM was skipping over it. FM doesn't allow a $0 closing price to be recorded. I've corrected this for the next release, so that it will read this in when reconciling. I've also added support for the DVR17 transaction code you pointed out.