Why does Quicken change the opening balances when reactivating an online account?

S Singer
S Singer Member ✭✭
Occasionally, I have been required to deactivate and then activate Online Services. Whenever I have done this Quicken changes the opening balances of all the reactivated cash accounts. It is simple to correct because all of my beginning balances are zero. However, it is a nuisance and the amounts seem random. Has anyone else had this issue?
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Best Answer

  • splasher
    splasher SuperUser ✭✭✭✭✭
    Answer ✓

    Has anyone else had this issue?

    Yes, lots of them. The re-activate process screws up and seems to include both some duplicated transactions and Pending transactions and thinks that the Opening Balance needs to be changed.

    Bottom line is, Quicken has a screwed up process and while yours are all $0, we advise users to enter the correct opening balance in the memo for future quick reference.

    -splasher  using Q continuously since 1996 -  Subscription Quicken  -  Win11
    -Questions? Check out the  Quicken Windows FAQ list

Answers

  • splasher
    splasher SuperUser ✭✭✭✭✭
    Answer ✓

    Has anyone else had this issue?

    Yes, lots of them. The re-activate process screws up and seems to include both some duplicated transactions and Pending transactions and thinks that the Opening Balance needs to be changed.

    Bottom line is, Quicken has a screwed up process and while yours are all $0, we advise users to enter the correct opening balance in the memo for future quick reference.

    -splasher  using Q continuously since 1996 -  Subscription Quicken  -  Win11
    -Questions? Check out the  Quicken Windows FAQ list
  • S Singer
    S Singer Member ✭✭
    splasher, thanks for your answer. I agree with you it is a messed up part of Quicken.
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