Thinking of getting quicken for mac
I want to know how many accounts I can have on quicken? Someone said something about files. If thats the way to have multiple accounts, can I add and subtract from them and get reports?
Answers
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One Q file can have MANY accounts in it. And, you can have multiple files. It's usually recommended that 1 Q file be associated with a single tax entity.
You can add accounts, within a file, as you need to. One doesn't normally "subtract" accounts, but rather just closes them after they've been closed in the real world.
There are many report templates that come with Q. You can create more, and customize the ones that came pre-packaged.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
I will add that if you want reports to contain data from multiple accounts, those accounts need to be in the same Quicken data file. You can set up reports to contain data from one account, all accounts in a file, or any subset of accounts you designate.
Quicken Mac Subscription; Quicken Mac user since the early 90s0 -
Quicken is just a large database of your financial info -
most folks use a single Quicken file to contain everything - makes it easier for reportingAs mentioned, usually related to a single tax reporting - like Married Filing Jointly - all related accounts & assets -
You can have as many "accounts" as you have in real life - along with manually tracking any other assets -
Lastly - you can download transactions from your online banking accounts, or have manual accounts you update… manually -QWin - R54.16 - Win10
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