I have a account that I pay 3 years in advance. I'd like to set it up so I can charge 1/36 of the

Art

I'd lke to charge 1/36th each month. How do I set up an account like that

Tom Young

Establish an "Other Asset" Account in Quicken.  You'd probably name it "Prepaid [whatever it is you're prepaying]". 

Now go to Tools > Manage Bills & Income Reminders and add a manual bill.  You might name the "Pay to" something like "Amortization of [whatever you prepaid]". 

Select the next "Due on" date that's the date you want the amortization to start.  Enter the amount (1/36th of what you paid) and make sure the "From account" is your new Prepaid Account.  Then select the Category in which you want the charge to show up.

You can have Quicken make the entry automatically X number of days before it's "due", or just leave it as a Reminder.

If you allow Quicken to make the entry far in advance the Account will look something like this after you close and open Quicken:

Tom Young

Establish an "Other Asset" Account in Quicken.  You'd probably name it "Prepaid [whatever it is you're prepaying]". 

Now go to Tools > Manage Bills & Income Reminders and add a manual bill.  You might name the "Pay to" something like "Amortization of [whatever you prepaid]". 

Select the next "Due on" date that's the date you want the amortization to start.  Enter the amount (1/36th of what you paid) and make sure the "From account" is your new Prepaid Account.  Then select the Category in which you want the charge to show up.

You can have Quicken make the entry automatically X number of days before it's "due", or just leave it as a Reminder.

If you allow Quicken to make the entry far in advance the Account will look something like this after you close and open Quicken: