My Reports no longer work after upgrading to Quicken Classic Business & Personal (Mac)

agridley

I’ve been a longtime user of Quicken for Mac and had the software configured to generate separate "My Reports" for each rental property. I did this by creating identical business categories for each rental. I could quickly toggle/select the desired categories for accurate YTD summary reports for each property.

However, since upgrading to "Business & Personal," this functionality no longer works as expected. Here's what I've done so far:

1. Created each rental as its own business in the "Business" tab.
2. Linked each bank account to its corresponding rental business.
3. Assigned the correct business to each transaction.
4. Categorized transactions using the new Business Categories provided during the upgrade (e.g., Advertising).

Despite these steps, my YTD reports in "My Reports" are now inaccurate. Quicken seems unable to distinguish expenses by property because all rentals share the same single set of Business Categories.

For example, I no longer see "Rental 1 - Lawn and Garden" expenses TYD; instead, I see a merged "Lawn and Garden" total for all properties (even though I'm in a custom report only for Rental 1).

I assumed that by tying transactions to a specific business in the "Business" tab Quicken would isolate expenses when running a report, but that doesn't appear to be the case. The only potential workarounds I see are:

1. Separate Bank Accounts: Toggle on/off specific bank accounts when running report to isolate expenses for each rental. Unfortunately, some rentals share accounts, so this won’t solve the issue.
2. Tags: Tag every transaction with the corresponding rental business name, then toggle on/off tags in reports to isolate the property I wanna see. This is cumbersome and not ideal.
3. Duplicate Categories: Recreate a specific set of income/expense categories for each rental (as I did before the upgrade). While feasible, it clutters dropdown menus and requires significant setup.

I was excited to upgrade to Business & Personal, but the business delineation seems to be irrelevant in custom "My Reports."

Please advise on how to resolve this or if there’s a better solution. Thanks!

jacobs

I've done some testing of Business & Personal, but I'm not using it for live work on a business, so doing category reports for specific businesses is something I probably didn't think about previously. It does seem that Category and Summary reports, which were created before the business features existed, should be updated to allow a user to specify one or multiple or all businesses.

In the meantime, I think you might be able to get some of what you want, in a slightly convoluted way:

• Go to Reports > Business and select Business Income Statement
• From the dropdown menu, select the business you want to report on

This will produce a report of all income and expenses for the business. But if you want, you can now Edit the report to only include selected categories, or even a single category. You can save this as a new custom report.

Unfortunately, while this gives you a way to create a Summary report for the category(ies) you want for a selected business(es) I can't see a way to create a Transaction report using the same business criteria. The best you can do is to use the summary report and click on the amount of any category to open a drill-down transaction report on that category.