Thinking of getting quicken for mac

Booksonline64!
Booksonline64! I do not have Quicken yet Member
edited March 2 in New to Quicken/Getting Started (Mac)

I want to know how many accounts I can have on quicken? Someone said something about files. If thats the way to have multiple accounts, can I add and subtract from them and get reports?

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    One Q file can have MANY accounts in it. And, you can have multiple files. It's usually recommended that 1 Q file be associated with a single tax entity.

    You can add accounts, within a file, as you need to. One doesn't normally "subtract" accounts, but rather just closes them after they've been closed in the real world.

    There are many report templates that come with Q. You can create more, and customize the ones that came pre-packaged.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Ps56k2
    Ps56k2 Quicken Windows Subscription Alumni ✭✭✭✭

    Quicken is just a large database of your financial info -
    most folks use a single Quicken file to contain everything - makes it easier for reporting

    As mentioned, usually related to a single tax reporting - like Married Filing Jointly - all related accounts & assets -
    You can have as many "accounts" as you have in real life - along with manually tracking any other assets -
    Lastly - you can download transactions from your online banking accounts, or have manual accounts you update… manually -

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