Everything Else

rc299y

I have read a ton of posts on this item and I am embarrassed to say that I am as bumfuzzled as ever. At its most simple…..when I run a month end report, it shows a budget line item of $2,135.28 with no actual $$ posted against it. I have read comments about parent and sub categories and I still don’t get it. Can someone explain not the “why” on this but just the “how” to get it out of my budget?. What steps do I need to take?.

Thanks

bmciance

To get it out of your budget you need to make sure that you only budget at the lowest level in the hierarchy. If you put anything at a higher level and the sum of the lower level amounts does not equal that it will create an "Everything Else" category to make it add up. So if you have the following category heirarchy with budget amounts entered:

Utilities $500

..Gas $100

..Electric $100

..Water $100

..Sewer $100

Quicken will create an Everything Else and plug in $100. However, If you only put in $100 at each of the 4 lowest level categories Quicken will just add them up and the Utility category will have $400 without showing the Everything Else category.

One other thing, when you select the categories to show in the budget you should ONLY select the levest level categories. Quicken will then show the higher level categories based on the lower level categories that you have selected.

rc299y

Now why wasn’t everyone else as clear as that! Thanks…worked like a charm

bmciance

https://community.quicken.com/discussion/comment/20478105#Comment_20478105

Great! Glad it worked for you.