How to set up automatic reconciliation of accounts

George Thompson III
George Thompson III Member ✭✭✭
in Registers & Transactions (Windows)
I have several accounts that I forgot to set up for automatic reconciliation when I first established them in Quicken. When I say "automatic reconciliation", I mean the following. After performing the online update to download transactions & get the latest online balance, I manually accept all downloaded transactions. When I click the "Done" button in the "Downloaded Transactions" area, Quicken will run the reconciliation automatically without any intervention on my part unless the reconciled balance is not 0.

This is not happening on a number of my accounts and I would like to know how to enable that functionality for those accounts.

Best Answer

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You need to turn off reconcile to online balance first.
    In the register: Ctrl+Shift+E -> Online Services tab -> deselect "Reconcile using online balances" -> OK.
    With at least one transaction not in the reconciled start bring up the reconcile (Ctrl+R).

    Now you can change that setting.

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Answers

  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Isn't that the setting you're looking for?
    I don't use it myself because I prefer reconciling to the monthly paper statement.

  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    You need to turn off reconcile to online balance first.
    In the register: Ctrl+Shift+E -> Online Services tab -> deselect "Reconcile using online balances" -> OK.
    With at least one transaction not in the reconciled start bring up the reconcile (Ctrl+R).

    Now you can change that setting.

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

    http://www.quicknperlwiz.com/

  • George Thompson III
    George Thompson III Member ✭✭✭
    Thanks Chris! That solved the problem. The solution is SO counterintuitive I never would have figured it out.
  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    George Thompson III said:
    Thanks Chris! That solved the problem. The solution is SO counterintuitive I never would have figured it out.
    Yeah I certainly agree on that.  They should at least have both of the settings on the Online Services tab.

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

    http://www.quicknperlwiz.com/

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