Why do paychecks get double counted in Planning/Budget?

Old Boss Fan
Old Boss Fan Quicken Windows Subscription Member
edited October 2022 in Errors and Troubleshooting (Windows)
I'm using the Windows Subscription version of Quick Home, Business & Rental Property. I setup my wife's paycheck and it all gets recorded properly in her checking acct. However, when I go to Planning/Budgeting and look at our family budget it shows her getting twice as much income, which of course messes up budgeting. We relying on budgeting to keep our expenses in check but the income portion is way off because of the double counting. Now we have to do math to figure out if we are over/under budget for the month, while possible it is not helpful.
Tagged:

Answers

  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭
    The paycheck deposit transaction shows Gross Income plus/minus deductions, retirement transfers, employer contributions, the whole works ... correct?
    In the budget are you including all the split details as budget categories? Are you also including something like Net Salary in the budget (you shouldn't in this case)?
    How often a month does your wife get paid? Once, twice, every two weeks? Does the paycheck reminder correctly reflect the pay periods?
    If it's not disclosing too much personal information ...

    Sometimes a picture is worth a thousand words …
    Can you please capture one or more images of the parts of your Quicken window showing the issue, sensitive information blacked out as necessary to protect your privacy but annotated to describe the situation, and attach the image(s) here?
    https://community.quicken.com/discussion/7867159/faq-how-do-i-post-a-screenshot-in-the-community-from-windows

    https://community.quicken.com/discussion/7663259/faq-how-do-i-post-a-screenshot-in-the-community-from-a-mac

    Please save images to files of file type PNG, JPG, or GIF only. They're easier to work with than PDF files.

This discussion has been closed.

Categories