|
Posted by JS on July 19, 2007, 8:17 pm
Please log in for more thread options says...
>
>JS wrote:
>> In article
>> invalid@sample.invalid says...
>>>
>>>> I'd really appreciate any help I can get on this. I searched Google
>>>> but couldn't find a solution.
>>>>
>>>> I've got Quicken 2005 Premier H&B and I am trying to figure out how
>>>> to combine
>>>> two accounts together.
>>>>
>>>> Under Cash Flow Center I have one account called Checking Account
>>>> which contains all the checks I've written as well as all my cash
>>>> including banking
>>>> interest
>>>>
>>>> Under Investing Center I have an account called Stocks which
>>>> contains my stocks, mutual funds, and dividend payments (cash)
>>>>
>>>> In reality these two accounts I have created are held by the same
>>>> institution. Furthermore, they are actually the same Wachovia
>>>> account. I made
>>>> the mistake creating two separate Quicken accounts years ago.
>>>>
>>>> I'd like to be able to combine the Checking Account and Stocks
>>>> accounts into
>>>> one account called Wachovia Holdings.
>>>>
>>>> How do I do this? BTW, I'm currently not using any of Quicken's
>>>> online services due to concerns over privacy regarding my financial
>>>> data. Can this be
>>>> done offline?
>>>>
>>>> Thanks.
>>>> JS
>>>
>>> Do you get 1 wachovia statement or 2? How do you reconcile the
>>> account(s) currently if they are 1 account?
>>>
>>
>> Laura, thanks for the reply. There is only one physical investment
>> account for my assets so I only get one statement but years ago I
>> made the mistake of representing this single account as 2 accounts in
>> Quicken - one for checking & the other for stocks. I shouldn't have
>> done this but at the time I thought it would be easier to track cash
>> & stocks separately. Now I've come to regret the decision. So, now
>> I've got this Quicken checking account with years of individual
>> checks I've written including interest on the cash and I've got
>> another Quicken account with my stocks and more cash from the
>> dividends. But yes,they are actually the same physical account at my
>> investment company.
>>
>> I'd like to be able to have one Quicken accout which contains my
>> checking, cash, and stocks. Sorry for the long explanation. Any help
>> will be appreciated. Thanks.
>
>Here are the instructions to add a linked checking account. To undo,
>select No in step 4. These instructions are from Q 2007, but it's
>probably similar for 2005.
>_______________________________
>
>Add a linked checking account to an existing investment account
>
>1. Choose Tools menu > Accounts List.
>
>2. Select the investment account to which you'd like to add a linked
>checking account, and then click Edit. Quicken opens the Account Details
>window.
>
>3. If necessary, click the General Information tab.
>
>4. For the Show cash in a checking account option, select Yes.
>
>5. Quicken prompts you to back up your data file. After the backup is
>completed, Quicken creates the linked checking account with the same
>name as your investment account, plus the suffix Cash.
>
>6. Click OK to close the Account Details dialog and save your changes.
>
>7. Quicken converts all transactions in the investment account to their
>transfer equivalents. For example, Buy transactions are converted to
>BuyX transactions, Sell transactions are converted to SellX
>transactions, and so on.
>
>Notes
>Add a linked checking account if both these conditions apply:
>
> a.. Your brokerage account includes check-writing privileges
> b.. You plan to use scheduled transactions or recurring online
>payments
>
Thanks, I'll give it a try. I'm curious to see if I can use my existing
checking account as the linked account or will I have to transfer all of my
existing checking account info to a newly created one.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap