|
Posted by John Gregory on June 4, 2006, 5:34 pm
Please log in for more thread options I appreciate your taking time to comment, John, because I seen to be getting
more confused. My original intent was to have my bank cut and mail checks. I
thought I was to do that from Quicken but I haven't gotten that far yet so
that will be another unchartered expedition. But first things first.
I'm focused at this point on simply getting my Quicken record in sync with
that of my bank... on line. Your question suggests that I may have a major
misunderstanding of how this is to work:
>>Are you saying that all the downloaded transactions were already entered
>>manually in Quicken before you downloaded?<<
Yes. I entered everything into Quicken, registered with my bank to use their
online service, established the necessary connections, successfully
downloaded 29 transaction (all of which I already had in Quicken),
disconnected (or maybe that happened automatically. I can't remember), then
examined the transactions in the "Download Transactions" window and visually
traced everything there to my register. Frankly... I'm a tad confused about
what to do next.
>
>> Well... I braved through without guidance. Nothing blew up... yet. Still
>> don't know what Quicken was talking about when it descried "categories";
>> I say none on what was downloaded.
>
> I saw no reason for your original concern. Categories in memorized
> transactions take precedence over other possible means of categorization.
> Downloaded transactions for which there is no memorized transaction *may*
> be automatically categorized by Quicken if you have selected the Auto
> Categorize preference. And downloaded credit card transactions may get
> categorized by using a merchant code that can be supplied by the credit
> card company.
>
>> My download brought me two types of transactions under "Status"; "Match"
>> and "New". Dates were off for those marked "Match" but I would expect
>> that. "Payee" was identified only as "Check". I'm unsure about my next
>> step. Just delete these downloads since I already have them in my
>> register?
>
> No, don't delete them; Accept them. (Assuming they are matched to the
> correct transaction - select the downloaded transaction and note which
> existing register transaction gets highlighted. If they are incorrectly
> matched, do a "Manual Match" ... you may have to "Unmatch" them first.).
>
> Downloaded transactions carry a "Downloaded" flag and a "Posting date"
> which will update your existing register transactions when you Accept a
> "Match" (the same two pieces of data are present for all downloaded
> transactions; New and Match).
>
>> Those market "New" have more information; they show the name of the
>> payee.
>
>> But since I have them in my register as well...
>
> Are you saying that all the downloaded transactions were already entered
> manually in Quicken before you downloaded?
>
>> what do I do with them? I suppose I should "accept" then but I don't
>> really know what to expect. Does my Quicken register get changed in any
>> way? Surely not the bank record. So ... what's really happening with this
>> little "Download Transactions" phase?
>
> If you have transactions marked as "New" when they should be marked
> "Match", you should make them "Manual Match" the existing register
> transactions (click the "Edit" button on the downloaded transaction).
>
> --
>
> John Pollard
> First initial underscore Last name at mchsi dot com
> Please reply to newsgroup
>
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap