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Quicken Classic for Windows
Paying Bills, Online Billers & Reminders (Windows)
EFT shows Transfer
VJKELLEY
latest update now has electronic payments indicated as transfers. The problem is that a transfer only allows asset accounts to be categorized rather than expense categories.
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Sherlock
I suggest you prevent Quicken from automatically creating transfers: select
Edit > Preferences...
You may also want to review the
Memorized Payee List
for inappropriate transfers: press
Ctrl + T
UKR
If, for some reason, a transaction is marked as Transfer when it should not be, just change the transaction. Remove the "Xfer" text from the Check # / Reference # field in your account register and you'll be able to categorize it properly.
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