Apologies in advance for a newbie type question from a long time user.
Until now, I've downloaded my credit card monthly summary into Excel, then classified, sorted, and summarized the transactions, and dropped the summaries into a split purchase line in Quicken 2004. I've never bothered to download directly into Quicken - why I'm no longer sure.
But if I were to do so, how does Quicken get the information as to which expense category each item belongs? At what stage do I categorize things.