Adding Accounts [Edited]

rhema4children.margo
rhema4children.margo Quicken Windows Other Member
edited April 2021 in Download, Add/Update Accounts (Windows)
how to set up accts. Can each acct. have a sub-acct?

Answers

  • Boatnmaniac
    Boatnmaniac Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Please confirm:  Are you asking about adding accounts or adding categories?
    Accounts cannot have sub-accounts.  I'm not even sure what is meant by "sub-accounts".   There is a lot of good information here regarding setting up of various types of accounts:  https://help.quicken.com/display/WIN/Setup:+How+do+I.
    Categories can have one or more sub-categories.  You might want to read up on it at https://www.quicken.com/support/how-do-i-create-new-category-or-subcategory.
    If these links don't provide the answer you are looking for, please explain more about what you are trying to accomplish so some suggestion(s) can be provided that might better assist you.

    Quicken Classic Premier (US) Subscription: R59.10 on Windows 11

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited April 2021
    In accounting, there are 4 and only 4 types of Ledgers:  Asset, Liability, Income and Expense. 
    Q calls Asset and Liability types "Accounts" and Income and Expense types "Categories".
    In Q, no Account can have a "sub- ...", but Categories CAN have sub-cats, and even sub-sub cats, etc.
    SO, in addition to @Boatnmaniac's info, please utilize Quicken HELP, Getting Started Guide for more info.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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