Once you choose which balance you want to reconcile against, Quicken displays the Reconcile Bank Statement area. You use this area to indicate which transactions have cleared the bank. As you do, Quicken calculates a cleared balance figure at the bottom of the screen. When this amount equals the statement balance, you’ve reconciled your account. (more…)

Account, Online, Statements, Transfers Hide

In the next dialog box, click the E-Mail about Online Account option button to send your bank a message regarding its online banking services. After you click OK, Quicken opens the Message To [Your Financial Institution] dialog box. Fill in the text boxes to identify yourself, the subject of your message, and the account in question. Enter your message. To send your message, click OK. (more…)

Account, Online, Statements, Transfers Hide

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