quicken deluxe (2008) technically question "account asset" "category "

Posted by vg on June 3, 2009, 10:26 am

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can i convert /correct an "asset account " into a "category"?
can this be converted ? if so how?

thank you for your help
vg

Posted by danbrown on June 7, 2009, 12:34 pm

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> =A0can i convert /correct an "asset account " into a "category"?

> can this be converted ? if so how?

> thank you for your help

> vg

The basic answer to your question is NO. In fact, the concept that
you present is odd, to say the least, from an accounting perspective.
Somewhat akin to converting your automobile into a tank of gas.

Perhaps is you explained the what & why's of your objective, some
ideas might arise.

Also, what version of Q are you using? What's your operating system?
And how long have you been using Q?

db

Posted by buffymocha on June 9, 2009, 10:10 pm

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> > =A0can i convert /correct an "asset account " into a "category"?

> > can this be converted ? if so how?

> > thank you for your help

> > vg

> The basic answer to your question is NO. =A0In fact, the concept that

> you present is odd, to say the least, from an accounting perspective.

> Somewhat akin to converting your automobile into a tank of gas.

> Perhaps is you explained the what & why's of your objective, some

> ideas might arise.

> Also, what version of Q are you using? =A0What's your operating system?

> And how long have you been using Q?

> db

DB,
you see i mistakenly treated an income source as an asset and created
an account when i should have applied it under a category. . I want
to correct this and wonder if i have to manually go in and change
every entry or is there a way to convert or move all entries in this
asset account into a (new) category .
i'm using quicken 2008 Deluxe
vg

Posted by R. C. White on June 10, 2009, 12:13 am

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Hi, vg.

How many "wrong" entries did you make? One? Or 100?

Create the new category. Then go to the Register for the asset account.
Choose each transaction and Edit the Category entry.

If there are more than a few transactions, then use the usual method to
highlight them all, then right-click on one of them and choose Edit
transaction(s). That should bring up the Find and Replace window. In the
lower part of this window, tell it to Replace the Category with <your new
Category>.

When the new "wrong" asset account is empty, just delete the account.

If I've misunderstood what you want to do, please post back and explain
where I guessed wrong. And give us some idea of how many transactions are
involved, and over what period of time (months? last year? years?).

RC
--
R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
rc@grandecom.net
Microsoft Windows MVP
(Using Quicken Deluxe 2009 and Windows Live Mail in Win7 x64)

>> > can i convert /correct an "asset account " into a "category"?

>> > can this be converted ? if so how?

>> > thank you for your help

>> > vg

>> The basic answer to your question is NO. In fact, the concept that

>> you present is odd, to say the least, from an accounting perspective.

>> Somewhat akin to converting your automobile into a tank of gas.

>> Perhaps is you explained the what & why's of your objective, some

>> ideas might arise.

>> Also, what version of Q are you using? What's your operating system?

>> And how long have you been using Q?

>> db

> DB,

> you see i mistakenly treated an income source as an asset and created

> an account when i should have applied it under a category. . I want

> to correct this and wonder if i have to manually go in and change

> every entry or is there a way to convert or move all entries in this

> asset account into a (new) category .

> i'm using quicken 2008 Deluxe

> vg

Posted by buffymocha on June 12, 2009, 2:24 pm

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I archive my years, so for the current file (2008 - 2009) there are
probably 100 entries
i will try your suggestion and i appreciate your help.
vg

> Hi, vg.

> How many "wrong" entries did you make? =A0One? =A0Or 100?

> Create the new category. =A0Then go to the Register for the asset account=

> Choose each transaction and Edit the Category entry.

> If there are more than a few transactions, then use the usual method to

> highlight them all, then right-click on one of them and choose Edit

> transaction(s). =A0That should bring up the Find and Replace window. =A0I=

n the

> lower part of this window, tell it to Replace the Category with <your new

> Category>.

> When the new "wrong" asset account is empty, just delete the account.

> If I've misunderstood what you want to do, please post back and explain

> where I guessed wrong. =A0And give us some idea of how many transactions =

are

> involved, and over what period of time (months? =A0last year? =A0years?).

> RC

> --

> R. C. White, CPA

> San Marcos, TX

> (Retired. =A0No longer licensed to practice public accounting.)

> r...@grandecom.net

> Microsoft Windows MVP

> (Using Quicken Deluxe 2009 and Windows Live Mail in Win7 x64)

> >> > =A0can i convert /correct an "asset account " into a "category"?

> >> > can this be converted ? if so how?

> >> > thank you for your help

> >> > vg

> >> The basic answer to your question is NO. =A0In fact, the concept that

> >> you present is odd, to say the least, from an accounting perspective.

> >> Somewhat akin to converting your automobile into a tank of gas.

> >> Perhaps is you explained the what & why's of your objective, some

> >> ideas might arise.

> >> Also, what version of Q are you using? =A0What's your operating system=

> >> And how long have you been using Q?

> >> db

> > DB,

> > you see i mistakenly treated an income source as an asset and created

> > an account when i should have applied it under a =A0category. . =A0I wa=

> > to correct this and wonder if i have to manually go in and change

> > every entry or is there a way to convert or move all entries in this

> > asset account into a (new) category .

> > i'm using quicken 2008 Deluxe

> > vg