When Closing Accts., Do You Select 'Keep This Acct. Separate'?

Question

Just wondering when people close an acct. (such as a credit card), do you check the box 'Keep this acct. separate - acct. will be excluded from Quicken reports & features?

I always check this box but I realized if I ever want to look at previous spending, these accts. won't be included (so my spending looks lower).

q_lurker · Answer

No. I never check that box. When I am ‘finished’ with an account, like an old credit card or bank, I hide the account. When necessary, I will choose to show hidden accounts and include the ‘I’m finished with’ account.

splasher · Answer

Why close?  Just zero it out and hide it.  Making it separate causes it to not be included in the Networth report if you run it against a range of dates.