New report that will show online balance and ending balance or each account. Could show difference. To easily see if there are discrepancies without having to open each register.
One problem with implementing this is that "Linked Checking Accounts" (i.e., the pseudo-checking account created by the "Show Cash in a checking account" option) don't have an "Online Balance".
And, at least for my wife and I, our respective LCAs are our primary checking accounts.
Also, this would presumably only apply to accounts enabled for download and only for Banking type accounts. Since I only have 8 accounts that satisfy this criteria, it's easy enough to just look at the account register … so I don't see that a report is worth the effort it would take Q to create.
I am not sure why just bc it isn't useful for NotaCPA he says it isn't worth it for anybody?
I def need this I have about 20 accounts some of them linked and some not, and have to manually click each one to compare to make sure I have them all downloaded and reconciled against online balance.
The updating is already extremely tedious and time consuming, by the time I'm 3/4 the way through, I don't know which ones still need attention.
Also it often randomly downloads transactions from one and two years ago and I have to delete them individually before accepting into register and sometimes I miss some because the visual window is like 6 lines and scrolling is jerky and sorting not good, and if I miss some, those dupe transactions will throw off other account balances but I don't know which ones, even of accounts that I did already reconcile.
Just adding a column called "Online Balance" that could be added to reports or Views or Dashboard is all that is needed. I could copy and paste that into chatgpt to ask it to flag differences..
@NotACPA from what I can tell, linked checking accounts do have an online balance. At least mine does.
The brokerage account is set up on Quicken with a DC connection, but the online balance shows in the linked checking account.
If it can be programmed, I think this is a good idea. As far as I can see, there is no place on Quicken, or a Quicken report, to see a comparison list of current balance and online. balance
I don't really see any reason this couldn't be implemented, except for the fact that clearly it isn't a top priority for people. Unfortunately, there are a lot of such ideas that have very little people wanting them and as such will never even get to the developers.
I can see some use for this, and not much danger of hurting anything else, so I did vote on it.
When things work right, I don't see much use for this though. My procedure after downloading is going to each account and reviewing all the transactions and then reconciling. So, my accounts should always be matching the online balances. But there is one use case where this isn't true. It isn't that uncommon for a given financial institution send transactions and not include them in the online balance for some period of time. Usually, the online balance is updated like late in the night. What I do is just cancel the reconcile and do it again the next day. And I do have to remember that I have an unreconciled account to take care of later.
In reality if they would fix something else then I would already have an indicator of what accounts need attention.
I use the automatic transaction entry into the register mode. When transactions are downloaded to an account it is marked with a blue dot. The problem is that the blue dot gets cleared when you enter the account. It should really be cleared when the last transaction in the register is reviewed. And since I use the reconcile to mark the transactions reviewed, if they did it this way then the blue dot would always point me to accounts that need my attention.
This wouldn't of course help the people that Downloaded Transactions tab since by the time they are doing a reconcile the red flag is already cleared because accepting transactions into the register is their "reviewing of transactions".
