Why do some expenses show up as income in the Spending by Category report?
kecarm
Quicken Windows Subscription Member
Some items in categories that are labeled as Expense, do not show up as expenses on the Spending by Category report. This seems to occur most frequently in items that are in split reporting (like in credit card payments). It is only some items, not all of them. Eg., gifts (one item) out of many on a particular payment shows as -25.00. No other items are like that within the same bill payment split. I checked the Gifts category to be sure it was marked as Expense and not Income. Doesn't change it.
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Answers
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First the obvious - look closely at the original transaction and make sure the signs are correct for all of the splits.
Also make sure you don't have a similar Gifts category under Income that you might have selected by mistake.
And if you are recording credit card payments with complex splits, you should consider setting up an account in Quicken for the credit card and recording and categorizing all the expenses there. Usually you can download the transactions so you don't have to enter them. Then when you pay the credit card, it is a transfer from your checking account to the credit card account, no splits to worry about.QWin Premier subscription0 -
You may also want to check the entries tax-line assignment. Quicken will override the category type with the type of the tax-line.0
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