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How to enter a single deposit consisting of two or more checks

jstraugh

All I want to do is create a manual deposit, consisting of two checks from two different people. I want the entry to show similar to the way it does in QuickBooks (picture attached).

Deposits.png

How in the world do I accomplish this in Quicken Classic Premier desktop 2024? I've used QuickBooks Pro for years and this is a very simple process in that application. I don't see how to accomplish this in Quicken. I've successfully entered manual deposits consisting of one check/one payee. The 'Split Transaction' function doesn't seem to work with multiple Payees.

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NotACPA

When you receive each of those checks, record them as a Transfer to an Asset type account … I call mine "Undeposited Checks".

THEN, when you actually deposit them, record a transfer from that UC account to your checking account.

jstraugh

Re: NotACPA

Yeah, I already thought of that. But that's a clunky workaround. Quicken already has a "Write Checks" function. Intuit needs to add a "Make Deposits" button/function, to enable users to make a deposit consisting of a check and cash, or multiple checks - just like they have in QuickBooks. This type of deposit is pretty common! Thanks for the response though!

q_lurker

Intuit needs to add …

Intuit has no control of Quicken programming. They no longer own the program having sold it off in 2016.

This may be the latest Idea post in the direction of your request.

https://community.quicken.com/discussion/7951105/print-deposit-slips

jstraugh

re:q_lurker

Who owns Quicken now?

q_lurker

per Wikipedia:

Intuit sold Quicken to H.I.G. Capital in 2016, and H.I.G. sold Quicken to Aquiline Capital Partners in 2021.

NotACPA

And, the concept of an "Undeposited Checks" account, in Q, originated 20+ years ago based upon a similar concept in QB.

Haven't used QB for quite a while, so don't know how they do it now.