Entering Transactions

Question

Total newbie here.  My husband just decided he didn't want to do the finances as of 2/1/19.   He had totally lost control of the reconciling and everything was manually entered.  I did a year end and archived the data file and opened a new file as of 2/1/19.  I have entered all my banking accounts and almost all credit accounts and have them set to do One Step Update.  I am trying use Quicken efficiently as possible.

I am paying my bills thru BOA bill pay and when they actually are paid the transaction downloads  just like it is supposed to but my register balance is not reflecting the current status prior to the scheduled payment date.  I want to know that $200 is going out in 5 days, etc.

My question - If I enter the bill amount into the register will Quicken recognize and link the downloaded transaction or will I have duplicates?
Also what is the best source to learn the basics?
Thanks
Sue Sweet

Sherlock · Accepted Answer

When you import the downloaded transactions, Quicken should be able to match the downloaded transactions to transactions you have entered.  If you haven’t already, you may want to review: https://www.quicken.com/support/handling-downloaded-transactions

Regarding learning the basics, I suggest you review: https://community.quicken.com/discussion/7166077/faq-is-there-a-quicken-windows-faq-listing

GeoffG · Accepted Answer

"My question - If I enter the bill amount into the register will Quicken 
recognize and link the downloaded transaction or will I have duplicates?"You want to set these up using Reminders and not enter them directly into the register. This means setting up once and the reminders (income, bills or transfer) will trigger at the appropriate time and enter into the register for you.