when will Quicken allow the user to input the bank balance during reconciliation?

When will Quicken allow the user to input the bank balance during reconciliation?

Answers

  • Rocket J SquirrelRocket J Squirrel SuperUser ✭✭✭✭✭
    Quicken has always allowed entry of the ending balance into the Reconcile dialog.

    Quicken user since version 2 for DOS.
    Now using QWin Premier subscription version on Win7 Pro x64.
  • Larry GillLarry Gill Member ✭✭
    Only if Paper Statement is used. I always use Online Balance.
  • SherlockSherlock SuperUser ✭✭✭✭✭
    edited September 13
    Only if Paper Statement is used. I always use Online Balance.
    If you always use Online Balance, you are telling Quicken to always use the last bank balance obtained from the financial institution.  If you want to enter a different bank balance, do not tell Quicken to use the Online Balance.
    Quicken user since 1997 
    Premier on Windows 7 
  • NotACPANotACPA SuperUser ✭✭✭✭✭
    Let's pursue this.  If not the "Online Balance", which is provided by your bank, what "input the balance" would you use ???  Does your bank perhaps not know what your account balance is?
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • SherlockSherlock SuperUser ✭✭✭✭✭
    NotACPA said:
    Let's pursue this.  If not the "Online Balance", which is provided by your bank, what "input the balance" would you use ???  Does your bank perhaps not know what your account balance is?
    I find the Online Balance obtained by Quicken to be unreliable.  I use the date and balance from a statement I obtain from the financial institution instead.
    Quicken user since 1997 
    Premier on Windows 7 
  • Rocket J SquirrelRocket J Squirrel SuperUser ✭✭✭✭✭
    edited September 13
    Quicken has always allowed entry of the ending balance into the Reconcile dialog.
    Only if Paper Statement is used. I always use Online Balance.
    It’s working as it should. You get to choose whether to use a statement balance (which can be obtained online as opposed to actual paper) or an online balance (which is always supplied directly by the bank). It doesn’t make sense to want to manually enter a balance and use the online balance at the same time. 
    Quicken user since version 2 for DOS.
    Now using QWin Premier subscription version on Win7 Pro x64.
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