FM 26 - Also Reconcile All Sub-Portfolios feature

[Bsrr]

I have a portfolio that holds X # of assets and then a sub portfolio under it that holds also holds some of the assets in the same online portfolio. I just choose to break up the online portfolio this way for my own purposes. Online (Vanguard) the 2 portfolios are one portfolio that holds all the assets. I do something similar with other portfolios in FM as well.

I reconciled them and use the "Also Reconcile All Sub-Portfolios" feature and the reconcile appear shows that the Portfolio reconcile worked/was good. But when I click the "Finish" button the Share Balances window then shows 0 holdings under the Fund Manager column and the correct Share balances under the Statement column and of course then the Difference Notes show the accurate delta. It only shows this O holdings for the top level portfolio. I then just click Cancel. But when I check to see the Last Reconciled date it does show that the Top level and lower level portfolio(s) have been reconciled on the date I did the reconciliation. Can you comment? Thanks.

[Mark]

Hi Bsrr,

I understand your portfolio hierarchy, but I didn't fully follow the issue when finishing reconciling... For this case, you would want the sub-portfolio that holds the X assets and another sub-portfolio to have the account number assigned. The lower level sub-portfolio should not have an account number, so as to prevent trying to reconcile this lower level sub when you have on the option "Also Reconcile All Sub-Portfolios".

[Bsrr]

Hi Mark - I did have the account # in the sub portfolios. I deleted that info and it works fine now. Thank you.