Locating problem in Net Worth report?

dale's Avatar

dale

23 Jun, 2018 02:31 PM

I've got my migrated accounts mostly in order, which I've been checking by running a Net Worth report now and then. All of a sudden, my net worth jumped by $8 million dollars (woo hoo!), except, of course, it didn't really. I can see that MoneyDance has credited my Roth account with the money, except that when I look at the account, everything is in order.

How do I determine what is wrong, and how do I fix it?

thanks!!!

  1. 1 Posted by quotient on 23 Jun, 2018 02:40 PM

    quotient's Avatar

    I'm just a user, not support staff.

    I'd first check a Portfolio View for that account and see if, perhaps, some security or currency prices were incorrectly downloaded. If that is not the issue, then it seems like there must be something wrong in the register.

  2. 2 Posted by dale on 23 Jun, 2018 02:53 PM

    dale's Avatar

    Yes, that's what I've done.  I checked the portfolio view, and all is
    well. I looked at the transactions to see if something looked on on the
    transaction register, but that looks fine too: just the way I left it.

    Since I enter all my stock prices manually, there should be any weird
    download issues, but the stock transaction registers look just fine too.

    What's next?

  3. 3 Posted by quotient on 23 Jun, 2018 03:20 PM

    quotient's Avatar

    Is the Net Worth on the View-->Summary Page wrong as well, or is it correct?

  4. 4 Posted by dale on 23 Jun, 2018 07:35 PM

    dale's Avatar

    No, that seems to be in the ballpark, although when I click on the
    detail, I see the incorrect total and the Roth out of whack!

  5. 5 Posted by quotient on 23 Jun, 2018 07:39 PM

    quotient's Avatar

    That is bizarre.

    I'm sorry, I don't have another idea. Hopefully someone else who has a better idea will join in.

  6. 6 Posted by -Kevin N. on 23 Jun, 2018 10:30 PM

    -Kevin N.'s Avatar

    Hi Dale,

    Perhaps you could post screenshot(s) displaying the 'out-of-whack' instances of the Roth account's balance. (keep in mind that these are public forums if you need to redact anything)

    Maybe in doing so, it'll provide a little more insight into the anomaly.

    If memory serves me, the last time that I experienced a strikingly large imbalance was when my investment account's Money Market Fund had an inaccurate net asset value. Something in the range of $1,000.00 instead of it's par $1.00.

    -Kevin N. (not a member of MD support)

  7. 7 Posted by dale on 24 Jun, 2018 05:55 PM

    dale's Avatar

    There really isn't much to show; the number on the this view (The net
    worth on the Summary sheet) seems to be correct.

    But the number on this view (the Net Worth Report page) has another digit:

    Since the Net Worth report lists all the accounts included, its pretty
    darn easy to see the the amount of the one account is inflated by that
    same extra digit of $$. Nice, but not true!!

    Without knowing how the report is created, it's really hard to do
    anything except compare the totals. From the graphical view, it's
    possible to see that "something" took a stratospheric leap in March,
    2018, but there is nothing in the portfolio view or the transaction view
    to support that.  I have only one or two transactions a month in this
    account, so there's really nothing to see!!

    dale

  8. 8 Posted by -Kevin N. on 25 Jun, 2018 04:14 PM

    -Kevin N.'s Avatar

    Hi Dale.

    Re: your screenshots. You've taken redacting to a whole new level. :\

    Try this...

    Go to the 'Securities Detail' view of the Roth account.
    Click on the 'History' button for each of the holdings.
    Check the 'Current Price' field of each.

    -Kevin N. (not a member of MD support)

  9. 9 Posted by dale on 26 Jun, 2018 10:04 PM

    dale's Avatar

    Okay...the current prices are all in order. The current prices in the
    top box match up with the purchase record. March was when I reconciled
    this account to with pre-MoneyDance Quicken records, so I'm assuming
    that created the problem. Now the account balances in MoneyDance are
    correct, but somewhere the software is picking up something I can't see?

  10. 10 Posted by dale on 04 Jul, 2018 08:18 PM

    dale's Avatar

    Does it normally take this long for MoneyDance support to respond? I've started a new private thread for the question. Maybe they thought you helpful users had figured it out?

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