Q:

Dear Kerry,

I am now using Quicken for the first time. Is there a way that Quicken can be used to automatically track tax deductible expenses as they are made from my bank account? i.e. can you assign a payee to a ‘category’ (like capital improvements) and then program Quicken to automatically assign all the entries for the designated  ‘payee’ in your check register to the previously designated  ‘category’?  If this is a possibility, and you have any helpful information that can be used to program the system I will be glad to reimburse you for any time you spend discussing the matter with me.

Sincerely,

 A:

I don't think you can have the program automatically categorize entries that have already been input into the file.  However, with new entries, these will be automatically assigned the proper categories if you have the box checked under "Register Options" that says "Complete Fields Using Previous Entries."  After you manually make one entry to a payee and assign the appropriate category, all future entries to that same payee will go to the same category.

I hope this helps.

Good luck.

Kerry Kerstetter

Follow-Up

 Kerry -

 Thank you so much. This is extremely helpful.

 I have had almost no success getting useful answers about obvious questions from any of the Quicken support staff.

Take care. 

 

 

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 7/24/2005 07:05:00 PM Send this post: