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Managing annual/biannual expenses

Hi,
I have three large bills that occur on an annual or bi-annual basis. I need to budget for them. So, once a month, I transfer 1/12 of the total into a bank account. When a bill becomes due, the money is paid from that account.
How do I handle the monthly savings and the annual/ biannual expensing transactions in Quicken?

Comments

  • GeoffGGeoffG SuperUser ✭✭✭✭✭
    Savings Goals under the Planning tab is a great way to hold monies for these types of expenditures and then release the funds when needed. I use for property taxes, special projects and vacation funds.
    user since '92 | Quicken Windows Premier - Subscription | Windows 10 Pro version 2004
  • mshigginsmshiggins SuperUser ✭✭✭✭✭
    Create the savings accounts in Quicken and create reminders to make the monthly transfers to the savings accounts. 

    Quicken user since Q1999. Currently using QW2017.
    Questions? Check out the  Quicken Windows FAQ list
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