Projected Balance Report - Inaccurate

Question

In report: Bills & Income Reminders/Monthly Bills & Deposits/October 2020 I currently display the graphical balance of the checking account I use to pay all my bills.  The graph alerts me to a negative projected balance (-$1289.08) on 10/24.

However, the primary check register for that account says that the balance will be $2,973.28.

The problem seems to arise on 10/10 where the balance reported drops from about $5000 down to $254.  The transactions in the account on that day are about $250 -- and no way can explain a $4,700 change in the projected balance.

I have "supervalidated" my data account.  Same problem.  I trouble shot a similar problem previously.  There are no "hidden bills" from the past that I can find.  I've attached a view of the offending report.

Paul

Screenshot 2020-09-28 144415.png

Paul Smith2 · Answer

jrich75

Thanks for the "clue".  In the calendar view, I discovered a number of transactions from past "bill reminders" that showed up.  When I deleted those reminders from the "Bills and Income Reminders" tool, the projected balance again squared with the check register.  I've been a Quicken user for many years, never stumbled on this issue before .... so thanks..

Part of the reason I stumbled on this recently is the new Quicken Bill Pay service.  The previous Metevante service cleared out the bill reminder when I paid it.  Apparently the new service doesn't bother to do that.

Paul

jrich75 · Answer

Do the Bills & Income Tab, Projected Balance and/or you October calendar show a similar picture?

Frankx · Answer

Hi @Paul Smith2

Obviously, that graph doesn't appear to agree with the data presented. However, if you have scheduled transfers from the account in question dated 10/10 and 10/24 that may provide some explanation.

Beyond that, I have no way of determining what, if anything may or may not be wrong with your Quicken file.  Sorry.

Frankx