Posting date vs transaction date

MICHAEL FIRESTEIN

credit card issue. On 10/12/2025, the posting date, I had a series of transactions. however. They do not show up on my CC statement for the period ending 10/13/2025, making reconciling a little difficult. My hunch is that since 10/12 is a Sunday, these merchants don't submit the charges until Monday or even later. However, on the next statement for the period starting 10/14, they will show up with a transaction and posting date of 10/12!!!!!!!!!!!!!!!!!!!. Is there a way to override the posting date (I have not found that this can be changed), or have Quicken, when reconciling to a statement to use the transaction date?

[Edited-Readability]

Quicken Alyssa

Hello @MICHAEL FIRESTEIN,

Thank you for posing this question.

After testing this in my own Quicken, I see the same result as you. It appears that the Posting Date trumps the Transaction Date.

I also looked through the settings/preferences, and I cannot find any way to tell the reconcile to use the Transaction Date rather than the Posted Date. However, manually entered transactions do not have a downloaded posting date. So a workaround would be to manually enter those transactions to get them to show up in the reconciliation.

Hope this helps!

NotACPA

OF COURSE Posting Date should trump Transaction Date. If, for example, I write a check today (Sunday) but the recipient doesn't deposit it until Friday and it doesn't clear my bank until the next Monday it won't appear on my bank statement dated tomorrow.

Your bank really doesn't know (or care) when the transaction happened, they only know when they received it and posted it. And it can't appear on a statement until after they've posted it.

And, it doesn't matter that this thread is about card charges and my example is checks … the exact same principles apply. I merely used the checking example to make the principle obvious.

Chris_QPW

https://community.quicken.com/discussion/7967767/posting-date-vs-transaction-date

Your terms seem confusing to me.

The "posting date" is the date that the transaction clears the financial institution. This is the one the financial institution sends with the transaction download.

The "transaction date" is the one in Quicken's register and can vary depending on how it got entered. If it is manually entered or entered by a reminder, it is just whatever date you used. If nothing is entered into the register in advanced, then you will get the posting date as the transaction date. Note that there is also a relatively new preference: Edit → Preferences → Downloaded transactions → Use the date from the Financial Institution for matching transactions. This will of course change a pre-entered transaction date that matches a downloaded transaction to the downloaded posting date.

Note that at the same time the transactions are downloaded it also includes the online balance and date.

When all of this is correctly downloaded you shouldn't have any problems reconciling. The manual/reminder entered transactions that haven't matched a downloaded one shouldn't have anything in the CLR field and as such shouldn't be included in the reconcile by default (it will show in the list but not selected). Note that if the CLR field gets set to c when entering a transaction, make sure the memorized payee is memorized when the CLR field is blank. And any transactions that have been download should have a c in the CLR field and be included in the online balance or if using manual reconcile date should have a date of that reconcile date or earlier.

And I will mention that there is also a "Pending Transactions" option that allows you to see/enter pending transactions, which show transactions that have not yet cleared the financial institution and as such the date is going to be before the posting date.

Now this all assumes that the financial institution is sending the right data. There have been times when financial institutions have downloading pending transactions as if they were cleared. And there are times where the online balance/date isn't in sync with the transactions they sent. So, if one is using it for the reconcile that can throw things off.

So, what financial institution is this for?