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This feature is scheduled for an upcoming release. It is not yet available. |
What is a restricted stock unit?
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RSUs are assigned a fair market value (FMV) once they vest. RSUs are counted as income once vested, and the employer commonly withholds a portion of the shares to pay income taxes. The employee receives the remaining shares and can then sell their shares if desired.
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You can use RSUs only with Quicken Premier and Quicken Home & Business. |
Entering an RSU Grant
Tracking an RSU grant works best if you use a separate brokerage account. For more information on setting up a separate brokerage account. To do this:Although you can enter RSU grants in any investment account, Quicken recommends that you set up a separate offline investment account to track your RSUs.
- Select the Add Account icon on the top right of
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- the Account Bar.
You can also add a new account by selecting Tools → Add Account from the top menu. - Select Offline Account
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- → Other Investments.
- Select RSUs (Restricted Stock Units).
- Enter the following information:
- Account name (And name that will identify the account to you)
- Used for:
- Personal Transactions (not part of your business. This is almost always the choice)
- Business transactions (If RSUs were issued to your business)
- Currency
- Select Finish.
Once you have a brokerage account ready, set up your RSU Grant.
- Navigate to the register for the investment account in which you want to record an RSU GrantSelect the name of your RSU account in the sidebar.
- Select Enter Transactions.
- For Enter Transaction, select RSU Grant.
- Enter the details:
- Transaction Date
- Security Name
- Number of Shares
- Vesting Schedule
- Standard – The first-year vesting is at x percentage, and other shares will vest equally over the remaining vesting period.
- Gradient – The RSU will vest at different percentages over the vesting period. You will need to enter the percentages for each year.
Specific Units - Specify the number of units that vest per year.
Single - Add a single vesting date for all shares
- Choose either Enter/New if you have additional transactions or Enter/Done if this completes your transactions. The vesting schedule will be represented in the investment register as a series of transactions corresponding to the dates your RSU will vest.
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Setting
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the Value RSUs preference
By default, the valuation percentage for RSUs is set to 0%, which means account values, reports, and the portfolio view won’t show any value associated with RSUs.
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If you run a report for a future date, or set the portfolio view to a future date, some RSUs may have reached their vesting event and been replaced with the underlying security; in this case the value of that underlying security will be displayed based on the most recent available price, which is not affected by the RSU valuation preference. Likewise, if you set the account bar to display "ending balance" rather than the current balance, the balance for the account containing the RSUs will reflect the value with all RSUs replaced by the underlying security. |
To change the Value RSUs preference:
- Select Edit menu → Preferences.
- Select Investments in the sidebar.
- At the bottom of the screen, select the percentage for Value RSUs at:
- Select OK.
RSU Security Details View
An RSU Security Details View shows the grant, your vested shares, future vesting, and the future value based on how you set your Value RSUs preference above.