Accounting Talk Accounting Talk    FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in  auto debits?          Accounting Talk Forum Index -> Quicken View previous topic :: View next topic   Author Message Eva Guest Posted: Sun May 25, 2008 10:32 pm    Post subject: auto debits? Hello, Our health Ins. Co. automatically debits our checking account monthly. How do I set something like that up in Quicken Basic 2007 so I don't have to keep remembering that an amount is coming out of our checking at the end of each month? TIA Eva Back to top   Ads Advertising Sponsor John Pollard Guest Posted: Mon May 26, 2008 1:57 am    Post subject: Re: auto debits? Eva wrote: Quote: Hello, Our health Ins. Co. automatically debits our checking account monthly. How do I set something like that up in Quicken Basic 2007 so I don't have to keep remembering that an amount is coming out of our checking at the end of each month? Create a Scheduled Transaction. You can create one from scratch by going to Cash Flow > Scheduled Bills & Deposits > Create New or by right-clicking on an existing transaction in your checking account that you want to schedule, then left-clicking "Schedule bill or deposit". -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Eva Guest Posted: Mon May 26, 2008 2:46 am    Post subject: Re: auto debits? ok I see. Then after my account is actually dinged for the auto debit, I can just click on skip and it will show up again the next month, reminding me of the upcoming debit. Thanks! "John Pollard" <invalid@invalid.com> wrote in message news:g1cjr6$b0m$1@registered.motzarella.org... Quote: Eva wrote: Hello, Our health Ins. Co. automatically debits our checking account monthly. How do I set something like that up in Quicken Basic 2007 so I don't have to keep remembering that an amount is coming out of our checking at the end of each month? Create a Scheduled Transaction. You can create one from scratch by going to Cash Flow > Scheduled Bills & Deposits > Create New or by right-clicking on an existing transaction in your checking account that you want to schedule, then left-clicking "Schedule bill or deposit". -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor John Pollard Guest Posted: Mon May 26, 2008 6:09 am    Post subject: Re: auto debits? Eva wrote: Quote: ok I see. Then after my account is actually dinged for the auto debit, I can just click on skip and it will show up again the next month, reminding me of the upcoming debit. No. You should not click "Skip"; you should click "Enter". If you have "entered" the Scheduled Transaction before you download the actual transaction from your financial institution, the downloaded transaction will "Match" the transaction you have already "entered" in your Quicken account register (which, in your specific case, should already have been correctly categorized) ... so the downloaded transaction will only mark the existing register transactions as "cleared", and apply the correct "date posted" to the existing register transaction (the "date posted" is normally hidden ... if you want to know more, post back). -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Eva Guest Posted: Mon May 26, 2008 6:14 am    Post subject: Re: auto debits? Ohhhhhhhh I see. OK, thanks again. Eva "John Pollard" <invalid@invalid.com> wrote in message news:V4o_j.125791$TT4.108234@attbi_s22... Quote: Eva wrote: ok I see. Then after my account is actually dinged for the auto debit, I can just click on skip and it will show up again the next month, reminding me of the upcoming debit. No. You should not click "Skip"; you should click "Enter". If you have "entered" the Scheduled Transaction before you download the actual transaction from your financial institution, the downloaded transaction will "Match" the transaction you have already "entered" in your Quicken account register (which, in your specific case, should already have been correctly categorized) ... so the downloaded transaction will only mark the existing register transactions as "cleared", and apply the correct "date posted" to the existing register transaction (the "date posted" is normally hidden ... if you want to know more, post back). -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Jan Groshan Guest Posted: Mon May 26, 2008 9:19 pm    Post subject: Re: auto debits? When you set up the transaction you can tell Quicken to enter it on a particular day each month, with an instruction to enter it in your register X days before that date, and if there is no "end date" entered, you never have to worry about again.......it will just be entered into your register automatically X days before the due date. "Eva" <nospam@please.com> wrote in message news:eao_j.8189$3j.5116@trnddc05... Quote: Ohhhhhhhh I see. OK, thanks again. Eva "John Pollard" <invalid@invalid.com> wrote in message news:V4o_j.125791$TT4.108234@attbi_s22... Eva wrote: ok I see. Then after my account is actually dinged for the auto debit, I can just click on skip and it will show up again the next month, reminding me of the upcoming debit. No. You should not click "Skip"; you should click "Enter". If you have "entered" the Scheduled Transaction before you download the actual transaction from your financial institution, the downloaded transaction will "Match" the transaction you have already "entered" in your Quicken account register (which, in your specific case, should already have been correctly categorized) ... so the downloaded transaction will only mark the existing register transactions as "cleared", and apply the correct "date posted" to the existing register transaction (the "date posted" is normally hidden ... if you want to know more, post back). -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Eva Guest Posted: Tue May 27, 2008 1:25 am    Post subject: Re: auto debits? Thanks for the tip Jan! Eva "Jan Groshan" <jangro@pacbell.net> wrote in message news:NqB_j.1688$uE5.1590@flpi144.ffdc.sbc.com... Quote: When you set up the transaction you can tell Quicken to enter it on a particular day each month, with an instruction to enter it in your register X days before that date, and if there is no "end date" entered, you never have to worry about again.......it will just be entered into your register automatically X days before the due date. "Eva" <nospam@please.com> wrote in message news:eao_j.8189$3j.5116@trnddc05... Ohhhhhhhh I see. OK, thanks again. Eva "John Pollard" <invalid@invalid.com> wrote in message news:V4o_j.125791$TT4.108234@attbi_s22... Eva wrote: ok I see. Then after my account is actually dinged for the auto debit, I can just click on skip and it will show up again the next month, reminding me of the upcoming debit. No. You should not click "Skip"; you should click "Enter". If you have "entered" the Scheduled Transaction before you download the actual transaction from your financial institution, the downloaded transaction will "Match" the transaction you have already "entered" in your Quicken account register (which, in your specific case, should already have been correctly categorized) ... so the downloaded transaction will only mark the existing register transactions as "cleared", and apply the correct "date posted" to the existing register transaction (the "date posted" is normally hidden ... if you want to know more, post back). -- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup Back to top   Ads Advertising Sponsor Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First         Accounting Talk Forum Index -> Quicken All times are GMT Page 1 of 1   Jump to: Select a forum Accounting Talk----------------Accounting TalkPeachtreeQuickbooksQuicken  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum 68 Attacks blocked Powered by phpBB © 2001, 2005 phpBB Group