Setting up a home loan account from the past

Question

I have a home loan that started 6 months ago. I went to setup the account for it in Quicken 2019 (desktop).  I put in the loan origination date (11/1/20. It also me "When is the next payment due". I tried to put in when the first payment was due (11/1/20), because that's when I started making payments, but it won't allow that. So I put in the date when the next payment is due (6/1/21).

However, the account then shows the first payment for the loan as being made on 6/1, and not on 11/1. So I have all these mortgage payments I've made over the past 6 months that I can't reconcile because my register is only showing a payment starting on 6/1. I can't figure out how to have the loan account register show that payments started 6 months ago.

soonershawnee · Answer

Thanks. I thought about doing that, and will do it if no other solution. It just seems ridiculous that the software can not handle setting up a loan after it's started. Any Quicken moderators out there that can explain why this would be the case?

thecreator · Answer

Hi @"soonershawnee ,

Start over.

See this FAQ: https://community.quicken.com/discussion/7307115/add-your-quicken-information-to-your-posts-plus-how-you-are-connected-to-the-internet

When setting up your Mortgage Register, set it up for Manual Input. But before starting up a new Register, temporarily change your System Date to 11/01/2020. When finished, correct the System Date.

By the way, check About Quicken, If your Membership is current.