Is there any way to enter transactions that happened before the date you created the file?

Lady K
Lady K Member ✭
edited February 2022 in Download, Add/Update Accounts (Windows)
I added an account starting March 2021 and would like to add the transactions from January and February. Since the beginning balance was set to March, can I enter the transactions previous to that date?

Best Answer

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    edited January 2022 Answer ✓
    Sure, just type them in.  BUT, be sure to adjust the "Opening Balance" in that account to compensate for your manual inputs.
    Watch that end-of-March balance to make sure you've made the proper adjustment.  Pre-March deposits to the account will reduce the Opening Balance while payments will increase it.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    edited January 2022 Answer ✓
    Sure, just type them in.  BUT, be sure to adjust the "Opening Balance" in that account to compensate for your manual inputs.
    Watch that end-of-March balance to make sure you've made the proper adjustment.  Pre-March deposits to the account will reduce the Opening Balance while payments will increase it.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Lady K
    Lady K Member ✭
    How do I "adjust opening balance"?
  • splasher
    splasher SuperUser ✭✭✭✭✭
    The opening balance is usually (should be) the first transaction in the register, just change it.
    -splasher  using Q continuously since 1996 -  Subscription Quicken  -  Win11
    -Questions? Check out the  Quicken Windows FAQ list
  • Quicken Alyssa
    Quicken Alyssa Moderator mod
    Hello @Lady K,

    Thank you for choosing to come to the Community with your questions!

    To adjust the opening balance, you simply edit the opening balance transaction. 

    The opening balance should always be the first transaction in the account. So for example, if you are adding transactions back to 03/16/2020, your opening balance transaction should be entered on 03/15/2020. You will need to know the balance of the account on that day so you can edit the amount of the transaction as well. 

    Hope this answers your question, do let us know if you require further assistance with this and we will be happy to assist!

    Thank you!




    Quicken Alyssa

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