Add "Other Credits" and perhaps other lines to credit card reconcile

Doug Fisher

Credit card statements often are organized as Previous Balance, Payments, Other Credits, Purchases, Cash Advances, Other Debits, Fees, Interest, New Balance.

Quicken's reconcile screen groups Payments/Other Credits and Charges/Cash Advances (which might be better as Charges, Fees, Cash Advances).

It's no great shakes to put these into the onboard calculator and add them up.

But I helped design data bases, and part of the challenge was to take into account data entry errors and avoid manual mathematical operations as much as possible because of the known tendency for them to introduce error. So perhaps you might consider adding a few more lines to the initial reconcile screen to correspond to those commonly found on credit card statements so that entry becomes simple transcribing? This also is shown to improve productivity.

Jim_Harman

Another way to handle fees and credits is to enter them as transactions in the credit card account. Then they will be easily visible and you can assign Categories to them.

Boatnmaniac

https://community.quicken.com/discussion/comment/20469987#Comment_20469987

This is how I manage them. Works really well and is then easily tracked in reports.

NotACPA

https://community.quicken.com/discussion/comment/20469989#Comment_20469989

Ditto