Every deposit I enter shows as a debit so I have to make a correction on each entry

Question

I am using a pc with Win 11. I installed Quicken a couple of months ago and this is happening every time. I am not using categories. I am using this for a basic checking account and that is all. This was never a problem with my old version of Quicken. There has to be a setting I can change to correct this.

UKR · Answer

I don't use the Amount field myself, being old-fashioned and used to using the two Payments and Deposits columns ever since Day One … and this old dog won't learn new tricks … 😀

When using the Amount field, you would have to put a "+" or "-" sign in front of the amount to make it clear that it's supposed to be a deposit or a withdrawal. Quicken may make assumptions based on prior use of a Payee Name … if you used this payee for a withdrawal/credit card charge in the past, it'll default to a withdrawal for a new transaction with the same payee.

Please ensure that all optional settings in Quicken pertaining to recall, memorization, automatic categorization and renaming of payee names are enabled.

You find those settings in Edit / Preferences / ﻿Data Entry & Quickfill﻿.

This will make it easier to enter transactions for "repeat customers" like monthly utilities payments, the paycheck, the shopping trip to the supermarket, etc. Once you have entered a transaction and are about to enter one for the same Payee Name, Quicken will show you a list of memorized payees and you can select from it. This results in a prior transaction's data being copied into the new transaction area. Make any changes as needed and you'll have your new transaction with less typing.

Also consider setting up and using Scheduled Reminders for those monthly bills, the paycheck, etc.

Again, this will help making data entry easier.

NotACPA · Answer

And which "one column" is that?  Can you show us a graphic of your register so that we can understand the issue?

Jim Canaday · Answer

I am only using the one column. Every deposits I make goes in as a debit so it is not pulling from previous entries. Unchecked the Amount and checked payment and deposit. I can use it now. Many thanks.