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Checking Balance What if Scenarios

Does the latest version of Quicken allow you to see the checking balance if you want to quickly see if you have enough money to pay non consecutive bills based on your current balance? See attached image.


  • NotACPANotACPA SuperUser ✭✭✭✭✭
    QMac or QWin?
    And, if you select to show the balance column in  QWin,  the  answer is YES.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Chris_QPWChris_QPW Member ✭✭✭✭
    I would say it all depends on several factors, and is mostly up to the user to use Quicken properly.

    At any given time the following can be true.
    • Transactions that your financial institution knows nothing about.
    • Transactions that are pending, and as such Quicken doesn't know the status because they aren't downloaded.
    • Transactions in the checking account register that are uncleared/cleared/reconciled.
    • Does the user pre enter all the transactions or not.
    In the first category might be scheduled transactions that you may or may not have setup reminders for in Quicken.  It can also be a written check that you may or may not have entered into Quicken.

    In the second category it is important to understand that Quicken isn't real time, and it doesn't include pending transactions.  Not only will not see pending transactions in Quicken, your financial institution might delay sending information about transactions to Quicken, to some period of time, like once a day.

    You are certainly going to be able to look at the balance of what is in your register, and both Quicken Mac and Quicken Windows have a projected balance graph that can look at this over time.  But of course this is only as accurate as the transactions in the register combined with the reminders.  If you have an incorrect transaction in the register clearly it will be off.
    (I'm using the latest Quicken subscription version)
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