Need a way to rerun renaming rules on downloaded transactions

When downloading tansactions, Quicken will apply the renaming rules and with some version update, started applying its own suggested payee names. There is no easy way to fix the transactions, except doing one at a time as you accept/match them. This is a problem for both the payee name and the category.

There should be an option to rerun the renaming rules on the downloaded transactions before they are accepted/matched. So if a user downloads hundreds of transactions, and starts accepting them, but then finds one that is getting renamed or categorized incorrectly, the user should be able to go into the renaming rules and fix it. Then the user can rerun the renaming to fix all the remaining downloaded transactions that have the same problem. Right now, the change to the renaming rule only applies on the next download.

Also, the Downloaded payee name should always be the actual string in the downloaded transaction, not the payee suggested by Quicken. Once accepted, there is no way to see the acutal downloaded payee name in the register.

7
7 votes

Reviewed · Last Updated

Comments

  • AllanM
    AllanM Member ✭✭

    agree

  • mshiggins
    mshiggins SuperUser ✭✭✭✭✭

    "When downloading transactions, Quicken will apply the renaming rules and with some version update, started applying its own suggested payee names."

    I'm not aware of any way Quicken would apply "its own suggested payee name" unless the user told Quicken to do that. 

    I suggest going to Edit > Preferences > Downloaded transactions, and making sure that the options to "Automatically apply Quicken's suggested name to payee" and "Automatically categorize transactions" are UNchecked.

    "Also, the Downloaded payee name should always be the actual string in the downloaded transaction, not the payee suggested by Quicken."  

    It's not clear to me what distinction is being made here. 

    Once Renaming has occurred for a transaction, the Quicken "Payee" will (must) display the "renamed" payee - not the payee name that was downloaded.

    "Once accepted, there is no way to see the actual downloaded payee name in the register."

    Yes, there is.

    Quicken permanently retains the "Downloaded payee" name - in a separate field ... a field that is hidden by default. 

    To see the permanently retained "downloaded payee" name: click the gear-wheel icon in the upper-right of the account register title-bar and choose "Register columns" (or click the icon immediately above the vertical scroll column in the register heading row) and put a checkmark beside "Downloaded payee".

    Once Quicken is no longer assigning its preferred payee name (or category), I suspect there would be little use for an option to "rerun renaming rules".


    When a downloaded payee has been correctly renamed and a particular category always applies to the renamed payee, there should be a Memorized Payee for that renamed payee from which Quicken can determine the category to be assigned. If there is no existing memorized payee, one can be created before subsequent downloaded transactions are accepted, and that newly created memorized payee will be applied to the remaining not-yet-Accepted transactions.

    -JP

    Quicken user since Q1999. Currently using QW2017.
    Questions? Check out the Quicken Windows FAQ list