Net Income & Income Vs. Expense

Zoolook
Quicken Mac Subscription Member, Mac Beta Beta
I’ve notice that the “Net Income” chart doesn’t always show all income in a given month. If I compare it to the Income Vs. Expenses things don’t add up.
Is “Net Income” basically Income minus Expense, or is it the sum of physical deposits across some accounts, and if so which accounts.
Incidentally I see this same issue whether I am synced to a Mac created file or Windows one.
Is “Net Income” basically Income minus Expense, or is it the sum of physical deposits across some accounts, and if so which accounts.
Incidentally I see this same issue whether I am synced to a Mac created file or Windows one.
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Best Answer
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Hello @Zoolook
Thank you for taking the time to share your question with the Community, although I apologize that you have not yet received a response.
Net Income is essentially what is left after adding the physical deposits from each account enabled for syncing, minus the expenses for those accounts.
The Net Income and Expenses reported in the Quicken on the Web App are dependent on the accounts selected for syncing and if not all accounts are not enabled or supported for the Mobile/Web Apps there may be a discrepancy between the reported Net Income in the desktop program vs. the Mobile/Web apps.
More information on what can and cannot sync to the Quicken Cloud is also available here.
I hope this information is helpful and please let us know if there are further questions/concerns.
Thank you,
Sarah5
Answers
-
Hello @Zoolook
Thank you for taking the time to share your question with the Community, although I apologize that you have not yet received a response.
Net Income is essentially what is left after adding the physical deposits from each account enabled for syncing, minus the expenses for those accounts.
The Net Income and Expenses reported in the Quicken on the Web App are dependent on the accounts selected for syncing and if not all accounts are not enabled or supported for the Mobile/Web Apps there may be a discrepancy between the reported Net Income in the desktop program vs. the Mobile/Web apps.
More information on what can and cannot sync to the Quicken Cloud is also available here.
I hope this information is helpful and please let us know if there are further questions/concerns.
Thank you,
Sarah5
This discussion has been closed.
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