importing from Fidelity

[rlfrank]

any idea why when importing from Fidelity positions are imported correctly, but cost basis info is lost (cost basis is $0 and acquisition date is current date and not actual acquisition date)

[Mark]

Hello rlfrank,

Are you importing an OFX file, or retrieving positions from online? If so, this is because the OFX file does not contain the cost basis and acquisition date information. The position information in an OFX file contains the current share balance and market value only.

For this reason, it is preferable to retrieve your historical transactions if they are available. If you don't want to retrieve your historical transactions, you can modify the purchases recorded from the position import to be for the proper date and cost basis if you have that information available.