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Separate Accounts: Multiple Groups of Accounts?

I love the new feature!! I manage my children's minor finances as they are still in school. I would like to have all of their accounts under the "Separate Accounts" list but grouped by child (ie Child #1, Child #2, etc). Is this possible with the new feature?

Separate Accounts:
-------------------Child #1 Totals
>Child #1
>>Checking
>>Savings

-------------------Child #2 Totals
>Child #2
>>Checking
>>Savings

Best Answer

Answers

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
     "since the co-mingling of accounts, for tax purposes, could be problematic."
    If these children are minors, and any income or expenses that they have are reported on the Parent's tax return ... the the quoted statement would be entirely wrong.
    IF they file their own tax returns, which seems doubtful given the question, then the quote would be correct.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Frankx
    Frankx SuperUser ✭✭✭✭✭
    The statement is entirely correct - it says "could"

    Frankx


    Quicken H&B-Subscription - Ver. R29.20 - Build 27.1.29.20  - Windows 10 Home - Ver. 2004
                                             - - - - Quicken User since 1984 - - - 
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  • Demetri
    Demetri Member
    Thanks for the responses!
  • Frankx
    Frankx SuperUser ✭✭✭✭✭
    Hi again Demetri,

    You're very welcome!

    Frankx


    Quicken H&B-Subscription - Ver. R29.20 - Build 27.1.29.20  - Windows 10 Home - Ver. 2004
                                             - - - - Quicken User since 1984 - - - 
      -  If you find this reply helpful, please click "Helpful" (below), so others will know! Thank you.  -
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