Multiple Databases

Good evening. I currently have three different companies that does investing. Each company works with its own broker. I currently have them as three different quicken files in the same folder. Should I create three separate folders and backup folders for each company? Right now, all the automatic backups are going to the same folder. I would appreciate some guidance.

Andrew

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Answers

  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    As each data file has a unique name, it is perfectly okay to maintain the data files within the same local folder.   Note:  We may only have one Quicken application running on a machine at a time and the application may only access one data file at a time.
  • andrewrollins
    andrewrollins Member ✭✭
    Thanks Sherlock. As a follow up, my other concern is that the automatic backups go to the backup up folder in the local directory. As a result the automatic backups for all the companies are in the same folder. Whilst not a problem, it would be neater if they can be in different folders. This is partially why I am wondering if you have a separate folder for each database, then it may be possible to have a different backup folder for each database. Any comments?
  • splasher
    splasher SuperUser ✭✭✭✭
    The automatic backups go to a subfolder named Backup under where the data file is stored, so having different folders for each of the different company files would keep them separate.
    Thing to remember though:  Relying on the safety of backups on the same physical drive that the source file is stored, is foolhardy.  Be sure to make manual backups of the different data files to other media that is not permanently attached to the computer.  A disk failure affects EVERYTHING on that drive.
    -splasher  using Q since 1996 -  Subscription  -  Win10
    -also older versions as needed for testing
    -Questions? Check out the  Quicken Windows FAQ list
  • andrewrollins
    andrewrollins Member ✭✭
    Thanks Spasher. As a follow up question, do I have to create the backup folder in each folder or will quicken automatically create it the first time you change the location of the quicken database file?
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