How to enter Employer 401K match in QMac2017
When updating my investment accounts after each paycheck, I have a negative cash balance in my 401k account. I have traced it down to the employer's 401k match. Does Quicken for Mac 2017 not download these purchased shares from Fidelity? If so, I would welcome any suggestions on how to enter these purchased funds.
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The way to deal with this is to set up a recurring scheduled Payment/Deposit transaction that will automatically enter the cash contribution into the account. It would look something like this:
If you pay is the same every pay period, all you have to do is mark it as paid each month. Or even make it an automatic entry. If your pay (and hence the contribution) varies each period, then you'll have to edit the scheduled transaction to input the proper contribution amount.
Then if you want it to auto-enter, you have to go to Bills & Income > Payees. Find the payee in the list and click the three dots in a circle icon, then Edit Schedule. Check the box "Automatically mark as paid".