Estimate 12 Months (Scheduled Reminder setup, estimate amount using 12 prior payments)

David Moore

Why does Quicken now only allow reminders to estimate back 6 months? It would actually be better if you could see this estimate over a 12 month period to have a better since of things like power bills and gas bills that change over seasons of the year. By only allowing 6 months you can not get a very true estimate across seasons. Is there anyway to increase this?

Chris_QPW

There isn't any way to change this.  I think this thread should be turned into an idea so that people can vote on having it increased to 12 payments.
 @Quicken_Tyka can you please do that?

Note this is "payments", not months, so depending on the frequency of the payments the time range can be quite different. 

Chris_QPW

Thanks to @Quicken_Tyka this has been turned into an idea that you can vote on (yes you can vote on your own idea). 

David Moore

Chris_QPW,
Thanks for you input, and you are correct on it being Payment instead of Months. How does one vote on this idea?

David Moore

Why would this not be an easy fix on the development side? It just makes sense for this to be allowed to be more than 6 payments. If you pay a bill once a month, it takes 12 payments to show a year average. If you pay bi-monthly, it will take 24. 6 is just almost useless for something like gas or power bills that are seasonally bills. 6 just does not give a true view for monthly billing.

Jim_Harman

This is a good idea.

Also note that for seasonal bills you can have it estimate using the time of year. I think this uses the year-ago amount as the estimate.

Gary Wallen

I agree heartily! The best estimate would be the average of the last 12 bills, if monthly, as this will allow trending for things as rate increases, global warming, etc.