Print Deposit Slips
Quick Books is able to print deposits slips.
Quicken is halfway there in that it just needs to add 2 columns to a split transaction One for the who from and one to indicate if it is Cash, Check etc.
Quick Books already has the program to use this information for a deposit and to print it. You could use your own resources to update this.
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Intuit doesn’t own Quicken, hasn’t for many years. New company is called Quicken Inc.
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I wish I could ask the entire community of registered Quicken Subscription users, not just the few of us who are actively participating in the Quicken Community
"In this day and age of electronic check deposits by smartphone app directly to your bank …
How many of you actually need to create and print Deposit Slips?"OTOH, there's a frequently discussed procedure about a method to handle multiple checks received in a day which need to be deposited at the bank using a Deposit Slip, thus making a single deposit transaction in your checking account.
Using an Intermediate deposit account (for HB&R, a.k.a. "Suspense Account"):
When you receive multiple payments by check per day but only make one summary deposit to your bank ...
- Create a manual (offline) checking account, named something like "Checks to Deposit" with an Opening Balance of $0.00
- When processing the received checks (e.g., when filling out the New Customer Payment form in Customer Invoices), deposit each check to "Checks to Deposit" instead of your regular bank checking account.
- At the end of the day, tally up all checks on your bank deposit slip. In Quicken, in the "Checks to Deposit" account make a transfer transaction "Daily Deposits" in the amount of your deposit slip. Put the amount into the Payment column. As category choose your checking account, surrounded by [square brackets], e.g. [ABC Bank Checking]. Verify that this reduces the balance in the "Checks to Deposit" account back to zero (or you have made a mistake somewhere along the way).
If you need a printed report, in lieu of a deposit slip, create a register report (CTRL-P from the above register), filtered to show only today's transactions.
Bottom line: Yes, if there were enough demand from all Quicken users for creating a Deposit Slip report from the above register, I'd also vote for it.
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Based sole on the fact that this request has come up in the past a few times, but in total is about less than once a year on average, I would say the demand isn't there.
I would also say that I'm not surprised that Quickbooks and deposit slips are being mentioned at the same time. This much more likely to be a "business request" than what the average Quicken user would need in this day and age.
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I have found a holding account useful when using Quicken to manage a club or nonprofit, when you receive a lot of checks for dues or contributions that you want to combine into one Deposit and you want to keep track of who has paid.
But I don't see that as an application that Quicken targets.
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I don't understand.; is Quicken just a checkbook with checks and no way to enter and print deposit slips? Help me understand how to print a deposit slip.
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No you can not print a deposit slip. Quicken is like the little paper booklet check register you get with your blank checks to write in your checks and deposits so you can reconcile it to the actual bank balance. You can print your checks from it. But Quicken is really much more than that. Quicken can track all your finances and investments and track your spending, net worth, loans etc. If you enter everything into Quicken you can import it to Turbo Tax to help prepare your tax return. There is more but I only use the 2013 version and enter everything manually. With the current version you can actually download your bank and investment transactions and pay bills online.
I'm staying on Quicken 2013 Premier for Windows.
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No you can not print a deposit slip. Quicken is like the little paper booklet check register you get with your blank checks to write in your checks and deposits so you can reconcile it to the actual bank balance.
Yes, and in that little paper booklet check register I can record the check number.
I am using Quicken Classic for Business and Personal as the Treasurer of an HOA.
I generate Invoices for Dues and Special Assessments that home owners pay, mostly by check. Even those that do pay with their banks automatic payment system, a check is generated by a clearing house. That check has a number on it. That number is entered when the home owner invoice is paid. For those all check sent to me, I need a deposit slip.
We used Quick Books but that is a not an option because the board does not want to use a system that stores data in the cloud. I know, it's silly, but until we get younger homeowners that will be the limitations placed on the software we use.
On the page for Quicken for Business and Personal it is stated:
Manage business, rental & personal finances.
Manage tenants, payments, expenses, lease terms, rates, deposits, and more.No one will ever make me believe that EVERY tenant that rents uses the ACH payment system provided by the rental company. I guess I fell for the hype and did not spend enough time vetting the software.
The more I get into Quicken (after using Quick Books) Quicken is NOT Business ready for rentals, HOAs, and tenants. I guess I'll go back to searching for a new software systems for our needs and count the Quicken subscription cost as a loss.
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