Fidelity's investing portfolio does not update total cost

dlezama

Every time I buy more of a security on Fidelity, the cost is marked as "Missing or inaccurate" on Simplifi. Also, for the cash position. This is pretty annoying since I have to go and edit those costs all the time. Fidelity has "Cost Basis Total" available for each position and I just copy from there, but Simplifi should simplify :) my life and import it. For the cash holdings there is no "Cost Basis Total" in Fidelity, but it's just always the same as the value since it's cash…

SRC54

Yes, this is the same behavior I have with Fidelity. My understanding is that this is how Fidelity works. Schwab does update the cost basis, but not Fidelity. Quicken Classic (because of how it works) calculates this for you, but as you know, Simplifi simply updates according to what is downloaded and mostly ignores the transactions.