I had this issue with MSMoney some years ago. I had an old credit card account that was closed out and I deleted that account. When I did that, every EFT to that account also disappeared from my checking account register, throwing the whole register off!!
While it is not an urgent question (since it appears all my closed accounts did not convert into Quicken), would the same thing happen in Quicken if I deleted an account which I had paid by EFT from checking?
TIA Jim
snipped-for-privacy@example.com wrote in news:smckm5hpapk1qtn7u76tr0acpkaoo5qem2@
4ax.com:
The solution in Quicken is to HIDE the account. As you noticed, QUicken is stubbornly insisting that when you delete an account ALL transaction to and from that account disappear, not just the "internal" entries. The account should therefore (my opinion) remain part of your Quicken. Just hide it to get rid of the bother of having to pay attention to it, now or in the future.
Thanks. Same solution as for Money. I see that my closed Money accounts do not show in Quicken, so they must be hidden.
I think the key factor is which account was the transaction created in. For example, if you originate a number of credit card payments from your checking account to a credit card account, and then delete the credit card account, the transactions don't disappear, they just go unallocated.
IIRC Quicken advises you that this will happen and asks if you want to proceed.
Hiding an account is definitely better.
Have something to add? Share your thoughts — no account required.
Ask the community — no account required