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Is there a way to start a new file for each year?

shirbert

For instant my current file goes back several years - at least 2016 or before. I would like to start fresh for 2020. And next year start fresh again for 2021.

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Accepted answers

bmciance

Unless you are having a problem I would not recommend it. You won't be able to easily report on any history. My Quicken file goes back to 1993. Are you having an issue that is causing you to want to start fresh?

volvogirl

We recommend NOT to start a new file for the new year. We guarantee sometime in the future you will want to search for something or combine them and you won't be able to.

See this post for someone that wanted to recombine them.

https://community.quicken.com/discussion/7854091/can-i-move-archived-transactions-from-one-file-into-another-file

It's better to leave all your data and history together in one file and it should not affect performance. Sometime in the future we guarantee you will want to see something and you won't be able to merge them back together. You can run reports for any time period. Just copy your whole file for a backup (which you should be doing regularly anyway) and continue on in your current file. Too many times people ask for help on how to re-merge their data, which can't be done. Also any uncleared checks will then show up in both files. So just continue on. And if you upgrade to a newer version in the future you will have to remember to convert all your old files too.

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bmciance

shirbert

I am not having an issue. I just thought it would be neat to keep all of each year unique. For instance for my paper check book register, I start a new register each year and file the old register with my tax file for that year. Thanks for your quick response

bmciance

I am sure there are a good number of people that like to do it that way but the drawbacks far outweigh the benefits.

volvogirl

We recommend NOT to start a new file for the new year. We guarantee sometime in the future you will want to search for something or combine them and you won't be able to.

See this post for someone that wanted to recombine them.

https://community.quicken.com/discussion/7854091/can-i-move-archived-transactions-from-one-file-into-another-file

shirbert

Thanks for your input. With the responses I received to quickly, I have decided not to pursue this idea.