How to memorize Payees by amounts from VENMO?

GMcK

I use Quicken Classic Deluxe and have the following question.

I use Venmo to pay several different bills and receive payments, always for the same amounts from the different individuals.
Is there any way to get a Venmo Transaction for a specific amount tied to a memorized payee after I download my transactions from my bank?

As it is, all the download from my bank gives me is "Venmo" as the payee along with the amount.
Deposit ACH VENMO/TYPE: CASHOUT ID: XXXXXXXXXXX CO: VENMO
Withdrawal ACH VENMO/TYPE: PAYMENT ID: XXXXXXXXXX CO: VENMO NAME: 

The transaction CASHOUT or PAYMENT ID is tied to my account and is the same each time, of course.
For example, I would like for Quicken to change the payee to "Sally Smith" for $600 CASHOUT and "Suzy Taylor" for $25 CASHOUT, and "Nancy Jones" for $150 PAYMENT and "Tom Thomas" for $200 PAYMENT.

Thanks,
Gwen

BK

I have never tried this but I think this should work. It is all done within the Memorized Payee List and hopefully this image explains it all - look at every field from top to bottom. You must have one of the latest releases of Quicken as this functionality was added just a few months ago. (You may have to experiment with the renaming rules as well, TBD)

Adding: Yes, I think you also need to create a renaming rule based on the data you provided from your bank, to rename Deposit ACH VENMO/TYPE: CASHOUT ID: XXXXXXXXXXX CO: VENMO to just Venmo. The renaming process might be more effective if you use the "contains" criteria as in:

Alternatively put the entire "Deposit ACH VENMO/TYPE: CASHOUT ID: XXXXXXXXXXX CO: VENMO" in the Payee Name is field at the top of the Memorized Payee creation. But I would not recommend this as it becomes error prone.