my Asset account has no option to convert to liability

banittie
banittie Quicken Mac Subscription Member ✭✭
in Download, Add/Update Accounts (Mac)
I am running Quicken for Mac 2020, and I USED to be able to set up an asset account and link a loan/liability to it... this option and 'Account Action Gear' does not exist in the Add Account process.

Comments

  • banittie
    banittie Quicken Mac Subscription Member ✭✭
    And in the help, the instructions are for Windows, but none for MAC, the screen is totally different. like the option to add a loan to yourself is not an option in MAC, but it is in Windows?
  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Actually you aren't talking about converting an asset account into a liability.  You are talking about turning an asset account into a "lender loan", which is still an asset to you, and a liability to the person that you lent the money to.

    I'm on Windows so I don't know for sure so if I'm wrong hopefully a Mac user will come in and correct me, but I don't believe Quicken Mac has this feature.
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  • banittie
    banittie Quicken Mac Subscription Member ✭✭
    Yes, thank you, a loan to myself...but Maybe I'm thinking back to my Windows days, or Microsoft Money days... but I do remember linking an asset to a liability... but the feature seems to be absent in the MAC version ?:(.
  • Quicken_Tyka
    Quicken_Tyka Alumni ✭✭✭✭
    Hello @banittie

    Thank you for taking the time to visit the Community to post your question, although I apologize for that lender loans are currently unavailable for the Mac.

    If you haven't done so already, please take a moment to visit the Idea post below to add your vote to add this capability to the Mac version.

    https://community.quicken.com/discussion/7847880/loan-making-capability-and-tracking-lender-loans-in-q-mac#latest

    Thank you,
    -Quicken Tyka

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