How do I change the account balance to "0" in a closed credit card account?

Dangerruss
Dangerruss Member ✭✭✭
in Registers & Transactions (Windows)
My closed credit card account is still showing a negative balance after I have closed the account. How do I fix this,
Actually running Quicken 2019 Premier R25.18

Best Answers

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You can put in a balance adjustment transaction by entering a transaction where the category is the account name enclosed in square brackets.
    Like this:

    Balance Adjustment    [This Account]    $amountNeededtoZeroAccount

    Signature:
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    http://www.quicknperlwiz.com/

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    @Chris_QPW This is a duplicate post.  In the other thread, the OP stated that he had a duplicate debit in the account.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You can put in a balance adjustment transaction by entering a transaction where the category is the account name enclosed in square brackets.
    Like this:

    Balance Adjustment    [This Account]    $amountNeededtoZeroAccount

    Signature:
    This is my website (ImportQIF is free to use):

    http://www.quicknperlwiz.com/

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    @Chris_QPW This is a duplicate post.  In the other thread, the OP stated that he had a duplicate debit in the account.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Dangerruss
    Dangerruss Member ✭✭✭
    I did not see the answer above in the previous thread.
    Actually running Quicken 2019 Premier R25.18
  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    I didn't see the other post.   :)

    BTW I should have probably stated "Ideally you would fix what is keeping the account from being zero, but here is a quick 'I don't care' solution".

    Signature:
    This is my website (ImportQIF is free to use):

    http://www.quicknperlwiz.com/

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