Using Quicken Premier 2006 My bank recently provided download transactions. When I receive the downloads and attempt to accept them, a pop-up indicates that there is a matching transaction. The choices that are available are (1) to accept the matching transaction and there will be two transactions posted to the register. Alternatively, (2) cancel the acceptance and correct the register entry. Inconsistencies: Original entry when I created the check payment has the date the check was written and the real payee. The date of the download is the day it was posted to the bank account by the payee and in the payee field shows "Check # Ref #."
So, why would I want either two entries for the same check or why would I want to change the legitimate register entry? It would seem to me that the option would be to ignore the download transition (in this instance).
Or, possibly, am I misunderstanding this process?