The 5 refers to automatic backups. There are 2 kinds of backups. In addition to any manual backups you make, Quicken makes an automatic backup after so many times. Quicken makes all automatic backups to a folder named "BACKUP" in the same folder where your Quicken data resides. Also if you have the backup add the date to the file name it will never overwrite the older backups. So you will get more and more.
If date is not added to the automatic (or manual) backups, then the backup file name would never change (myname.QDF)It seems that each automatic (or manual) backup would over write the original. Then you could never have more than 1 backup!What am I missing?I'm using Quicken Deluxe 2012.