how to reconcile a mortgage loan account in Quicken for Mac?

how to reconcile a mortgage loan account in Quicken for Mac?

Answers

  • Mark1104
    Mark1104 Member ✭✭✭✭
    can you expound on your question.  look at your loan statement from your mortgage servicer and ensure that QUICKEN matches that balance... then it is reconciled....
  • Andrew Harris
    Andrew Harris Member ✭✭
    Regular checking and savings account have a reconcile button at the bottom which allows cleared transactions to be converted to white checks in a green circle. I can't see how to do that with a loan account like my mortgage account, even though it has the same CLR column with checks in blue or green.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    There is no reconcile function for mortgage accounts, since you can't enter transactions directly in the account register. The Clr field is not shown by default, and there's no Columns icon to change which columns are displayed. But users may know that Control-clicking on a column header will pop up a menu of column choices, so you can change the displayed columns. (I don't know why the developers decided not to enable Reconcile for loans; I'm just confirming that this is the way it is.)

    If you want to mark transactions as reconciled after reviewing your statement, you can do so manually if the Clr column is visible. Option-Click on the checkbox in the Clr column once to turn it to cleared (blue checkbox) and a second time to turn it to reconciled (green checkbox). Sin ce there's typically only one or two transactions in a loan account each month, it's easy enough to do should you wish to.
    Quicken Mac Subscription • Quicken user since 1993
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