It's funny that by 2007 and all these years of software tweaking, that simple record-keeping still evades Quicken.
I just updated my accounts by going online and using Quicken's 'update' feature.
In my checking account I manually accepted a deposit. Then I see on my Home view, that this same Payee, same amount etc. is OVERDUE!!!
Obviously more tweaking is still needed by Intuit.
In the meantime what do I do with this overdue entry? Delete it, leave it ???
In another account, I have an entry where it says 'Enter cost' in the Inv. Amt column. I don't have a clue what I should do here. I sold 4000 money market shares.
I feel your pain. However, it is caused by the undisputible fact that you are not following the thought processes of Quicken's programmers. I have that problem with almost all software programs. What you need to accept is that they followed their concepts of how things should be done, and they apparently did not know how you would like to do things. After several decades Intuit is still struggling with education of customers and programmers. You want to get accepted into the collective? Think like "them"! .
snipped-for-privacy@ether.net wrote in news: snipped-for-privacy@4ax.com:
I am posing the hypothesis of PEBCAK (acronymfinder.com)
That is very good. It works as advertised, just like email. It uses a record inside a Quicken file to determine which transactions have already been downloaded, then "goes out" and retrieves what your bank/whatever FI says is new, in the format they (the bank) provide. Then the trouble starts. FI sometimes have very stupid ways of presenting the information: The payee field will say debit, maybe (just maybe) the memo says from/for whom this debit is. The amount maybe + or -, just the way the FI feels.
As with junk email, it is up to you the user to "train" Quicken to decipher the FI codes. This gets even more complicated if you have already entered a transaction into Quicken, and the program has to figure out that Jim Smith is the same as Plumber Smith.
Downloading a bunch of transactions, then hitting accept all WILL lead to mistakes. You need to do this one by one for best results.
Because you entered a reminder or whatever and have failed to make it appear in the register and to match it to the downloaded transaction. Remember PEBCAK?
Or you should try to follow their thoughts. Believe me, in the end it is easier!
What do you do with 2 sticky notes on your desk reminding you of the same thing that you have already done?
I have no clue what you are talking about. Presumably you enterede at some time transaction(s) for the purchase of 4000 sh of a MMF (usually they are $1/each), or you accumulated them as dividends. Since MMF shares are $1/each (usually) your coost would have been $4000, whether purchased out right, or accumulated.
All free advice guaranteed or triple your money back.
The "Enter Cost" link indicates you have a "placeholder" (Adjust Share Balance) transaction ("Action" value of "Entry") in your account.
You should probably start by reading Quicken Help on the subject, checking the archives of this newsgroup, and possibly the Intuit Quicken forums. Placeholders are one of the most frequently discussed subjects.
Are you implying that it was possibly a user error? :) Humbug!
Well then if that's the case (my Quicken 2007 came without a printed manual. I only read printed manuals) why the heck doesn't Intuit use their 'INTelligence' and think about user 'Intuition'.
Like maybe when a user selects 'Accept all' (like I did) a balloon pops up and says "I wouldn't do that if I were you, silly user! You must first train Quicken, then Quicken will become smart and work like you want it to!"
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here.
All logos and trade names are the property of their respective owners.