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Posted by mmurrell on August 26, 2007, 2:33 pm
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> > When I am matching my downloaded transaction manually, I do not like
> > the way the program is working. Perhaps there is a setting in tools
> > or something to help the program do what I want.
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> > When I input deposits, I input each individual's name in the payee
> > field so I can later look back and quickly find who has paid me.
> > Sometime several of these people's checks get deposited on the same
> > deposit ticket. When I reconcile the downloaded transaction, I have
> > to manually match each individual transaction to clear the total
> > deposit.
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> > Quicken automatically then combines those individual transaction into
> > one transaction with "deposit" as the payee, and the payee in the memo
> > field. The reason I entered each of the transactions separatly in the
> > first place was so I would have all the individual names in the
> > "payee" field.
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> > I hope I am being clear enough for you to help me understand how to
> > better enter/work around what I am trying to do. Right now, I am
> > deleting the downloaded (total deposit) transaction, and manually
> > clearing the individual transactions during "reconciliation". The
> > problem with this, is that those individual transaction will not show
> > as cleared under the "manual match" during accepting downloaded
> > transactions. I have to go into each transaction and do the "edit/
> > transaction/control copy/" thing and manually enter a check mark and
> > clear date.
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> > Is there another way to do this? Thanks for your Help.
>
> > Marie
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> One way to handle this situation;
> Create a new cash flow account - call it Holding or Deposits or
> similar.
> Log the individual payments into this new 'holding' account.
> When you make a deposit to checking(?) - record this in Quicken as a
> transfer from the holding account to checking.
> When you download your checking acct info, you can match the
> downloaded deposit to the transfer - or modify the downloaded
> transaction to reflect the transfer before accepting it.
> The holding account balance zeros out over time.
> The integrity of the individual patments is maintained in the holding
> account.
> You will need to include this new account in various reports to pick
> up the detail.- Hide quoted text -
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> - Show quoted text -
Thank you for the idea. I guess that will be less work than having to
manually clear each of these individual deposits with "EditTransaction
Control Copy Transaction". This becomes rather time consuming. If I
set up this new "clearing" account I would not activate it in any way
for online....therefore I would not have these individual transactions
show up as needing cleared. Thanks again for the good idea..
Is there no way to have Quicken match the individual transactions, as
"individual" transactions and NOT lump them into a new split
transaction?
Marie
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