6. (Optional) Provide a memo description.

Enter a description in the Memo box.

7. Categorize the payment.

Use the Category drop-down list box to describe the payment as falling into some expense category. (more…)

Banking, Online, Payments, Recurring Hide

You most likely pay some bills regularly, such as on a monthly basis. For example, mortgage, rent, car loan, and medical insurance payments are made regularly. To make it easier to pay repeating transactions, accounting programs like Quicken typically let you schedule an online payment transaction (more…)

Banking, Online, Payments, Recurring Hide

In that case, the next time you tried to send payments, you would find that someone had accessed your account and changed your PIN. The bottom line is that PINs work very well as long as you keep the number a secret and don’t forget it. (more…)

Banking, Online, Payment, Security Hide

Online bill payment uses a PIN as a way to keep your account information private. When you instruct the online bill payment service computer to actually process payments, Quicken supplies your account number and you supply your PIN. (more…)

Banking, Online, Payment, Security Hide

Once you’ve described all of your electronic payments, making the actual payments is a snap. All you do is connect to the online bill payment service’s computer or the bank’s computer and transmit your payment instructions. In Quicken, you would do this by displaying the Online Center (click the Banking menu and click Online Banking) and then clicking the Update/Send button at the top right of the window. (more…)

Banking, Electronic, Online, Payments Hide