PERSONAL AND BUSINESS ACCOUNT

SMBThompson
SMBThompson Quicken Windows Other Member

I have both business and personal accounts set up. When my personal payroll check is deposited in personal account, it catagorizes the payroll check as a transfer instead of wages, which I use tp catagoize the other employee checks. If I manually change it, im afraid it will throw off the balance of the personal account.

Answers

  • Rocket J Squirrel
    Rocket J Squirrel Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Why not use two separate, categorized, transactions, one in each account, instead of a transfer?

    Quicken user since version 2 for DOS, now using QWin Premier (US) on Win10 Pro.

  • SMBThompson
    SMBThompson Quicken Windows Other Member

    I will try that, thank you

  • Ps56k2
    Ps56k2 Quicken Windows Subscription Alumni ✭✭✭✭
    edited April 2023

    as mentioned - better to use TWO transactions so things on each side of the wall are captured and recorded properly. Suggest only use TRANSFER when money staying on same side.

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