How to enter Employer 401K match in QMac2017
NewMac2017
Member ✭✭
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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I believe you are correct. That is what is occurring every time I get paid. I the recurring scheduled Payment/Deposit set up under the billing tab? Sorry I am not in front on my Quicken app.1
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What I do for my employer match is to have it as a part of my paycheck as two entries: 1) to record the match (recording to a category of employer match) and 2) to transfer it to the 401(k) investment account. Assuming you contribute at least as much to fully match it is a set-it and forget it entry until your salary changes or you have special income (bonus). That's how I deal with it.
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