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Memorized Payee Data Incorrect [edited]

jhortoncom

Quicken takes my Costco charges, even if only the $1.64 hot dog and splits it into two charges totally $118.79 in the red. Over and over it does this for at least a year. Is this program too smart for it's own good?

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markus1957

Go to your Memorized Payee list under the Tools menu. Delete the Costco entry. You can turn off the Preference to memorize.

NotACPA

Costco would be the 1st thing to look for in your memorized payee list ... as that's the primary "key".

And, Memorized payees CAN (and frequently do) contain splits, along with the amounts.

"Memo" isn't a matching field ... so don't worry about them.

Memorized payees are, primarily, for recurring transactions either with the same amount every month. OR, if the payee is used frequently with differing amounts I also use them (with a $0 memorized) to make sure that I get the spelling consistent.

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markus1957

Go to your Memorized Payee list under the Tools menu. Delete the Costco entry. You can turn off the Preference to memorize.

splasher

Like markus1957 stated, you evidently have a memorized payee with a split that is being pulled in as a template.

jhortoncom

thanks,
I thought memorized payee was to associate a particular say odd restaurant name with the category, food and dining:restaurants. So I have this list open and should delete all entries that have some words in memo and an explicit amount. Where is a list just associating store name with category?

NotACPA

Costco would be the 1st thing to look for in your memorized payee list ... as that's the primary "key".

And, Memorized payees CAN (and frequently do) contain splits, along with the amounts.

"Memo" isn't a matching field ... so don't worry about them.

jhortoncom

thanks for the key phrase, "use these memorized payee list with $0 memorized". So mine is still storing, but the entries are unlocked, all these memo details as if every trip to Walmart or Home Depot, you bought the same stuff. So you frequently just delete these unlocked payee's or can you prevent Quicken from storing an odd memo? If I see a new payee, and then give it a category then yes I would want the program to then remember this and automatically use the category I entered instead of Quicken's best guess. That seems logical so I must be missing some switch. thanks again, NotACPA