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Posted by John Pollard on October 13, 2006, 2:18 pm
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You don't say what version of Quicken you are using; I'll have
to deduce.
> Since I've begun paying bills on line, my checking account
> shows two balances at the bottom of the register; current
> balance and ending balance.
Every non-investment account should shows ending balances at the
foot of the register, regardless of whether you are downloading
to the account. If you download, however, you should see an
additional balance: "online balance".
The "current balance" is the balance that shows in the register
alongside the most recent transaction on or before today (when
the register is sorted by transaction date); the net amount of
all transactions through today.
> I assume it's the current balance that flows to the summary of
> all accounts that appears to the left on my setup.
> Q1) Is this correct? Is it the current balance rather than
> ending since current doesn't reflect those electronic payments
> I've entered that aren't actuially deducted yet?
It's whichever of the two balances (current or ending) you
choose.
> Q2) Can I change the program so the summaries reflect the
> ending balances even if the checks haven't cleared? As far as
> I'm concerned... that money is gone! (I'm not ruinning a
> business and that level of cash management is not important to
> me.)
Yes; right-click in the Account Bar (on the left in your
display; it can be on the right), and left-click on "Show ending
balance in bar".
[In reports: choose "Earliest to date" to get "current balance";
chose "Include all dates" to get "ending balance".]
--
John Pollard
First initial underscore Last name at mchsi dot com
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