Online banking does supply the Payee name for your credit card accounts or for debit purchases. Different banks handle the register details differently, however. To compare the downloaded data with your register, click the Compare To Register button. Quicken splits the window, with the register showing in the top half and the list of transactions underneath. (more…)

Account, Online, Statements, Transfers Hide

4. Send your account instructions.

Click Send. Quicken connects to the bank and transfers the information from your computer to the bank. At the same time, online banking retrieves transactions from your bank and picks up any new transactions it can’t find in your register. Online banking also indicates which transactions have cleared the bank. (more…)

Account, Online, Statements, Transfers Hide

One final comment: Some financial institutions do not process transfers electronically; instead, they process the transfers manually at central clearinghouses. This procedure may cause a time lag between the time you send your transfer in and the time the bank actually processes it. (more…)

Account, Online, Statements, Transfers Hide

Once you’ve set up an account for online account transfers and online statements, using these online banking features is quite simple. The paragraphs that follow describe how these activities work in Quicken, but other accounting programs such as Microsoft Money and QuickBooks work in a similar fashion. (more…)

Account, Online, Statements, Transfers Hide

After you’ve selected an institution, click the Tell Me More hyperlink to learn more about the services your bank offers. Click the Enroll hyperlink to apply for online services online.

5. Enable online banking. (more…)

Account, Online, Setting Up, Statements, Transfers Hide