Any Quicken users here?

fallenangel99

Golden Member
Aug 8, 2001
1,721
1
81
I'm using Quicken 2005 and I am in a wierd situation:


Here is my dilemna:

2 accounts: checking and credit card

Say I buy $10 worth of lunch using my Credit Card

CC:
-10

Checking: (lets say the balance is 100):
+100

I use online download to download the CC account into Quicken:
-10
Category: Lunch

Then I pay off the CC using the CC's online bill payment. I then update the transaction using Quicken

-10
Lunch
+10 Payment

Question 1) What category should I use for +10 Payment? It seems that no matter what I choose it shows up in reports TWICE (ill explain this in a few)

So I chose then "Payment" Group Category for the +10

In Quicken:

CC:
-10
Lunch
+10 Payment
Payment::CC Payment

Checking:

+100 Balance
-10
Payment:: CC Payment (I chose the same group category as the CC above)

Now, when I run a report "Where did i spend my money" "year to date". I get:

Expenses:

Lunch: 10
Payments: 10

Total Expenses: 20!!! (even though only 10 was spent)

I am sure this is not a bug, am I doing something wrong here? Am I supposed to have Quicken "hide" anything with Group Category "Payments" so it doesnt include them twice?

Thanks so much!
 

AmigaMan

Diamond Member
Oct 12, 1999
3,644
1
0
Originally posted by: jtusa4
Excel spreadsheets > Quicken

That's got to be the most ridiculous statement I've seen in a while. That being said, I have no idea what the answer to the OP's question is. Sorry.
 

fallenangel99

Golden Member
Aug 8, 2001
1,721
1
81
sorry it was a mistake on my part

stupid Fleet and its qif downloads. they dont match up properly against my checking. once i manually fixed everything, it was ok. yay