When I use the paycheck feature, only one of the deposits shows net salary
cjworthing614
Quicken Windows 2017 Member ✭✭
I have a split between 3 accounts for every paycheck. Let's say my paycheck (after all deductions) is $1000. My primary account gets 700, the next checking account gets 200 and the savings account gets $100 in a deposit. Only the 700 shows up in expected income as net salary. It is shown in the register of the other 2 accounts as a transfer from the Main account. It doesn't count the $300 as expected salary or on repots of spending vs income as income. The paycheck form is set up exactly as it should. How do I show this additional income?
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Best Answer
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The first line of the split should be 1000 booked as net pay(assuming you are doing net only). Then each of the transfers will be reductions going to the other two accounts as transfers, leaving 700 in the first account.
In the reminder, click on add tags, etc. to get to the split dialog box where you can put in the transfers.Quicken Business & Personal Subscription, Windows 11 Home
5
Answers
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The first line of the split should be 1000 booked as net pay(assuming you are doing net only). Then each of the transfers will be reductions going to the other two accounts as transfers, leaving 700 in the first account.
In the reminder, click on add tags, etc. to get to the split dialog box where you can put in the transfers.Quicken Business & Personal Subscription, Windows 11 Home
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Thank you, I switched this over and it works!0
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