Loan Problem

Edit button does nothing in the Reminder window. I can edit the loan via "loans" & all terms are correct. What bothers me is there are 5 or 6 reminders for the same loan in the window & none of them can be edited. This started when I made a small change in the loan terms (don't remember what I changed). Strange part is it is set for auto but nothing shows up in the register.

"The Edit button that does nothing, is that w/in the Bill & Income Reminder window? Within the Loan screen, does the Loan original principal, interest rate, & term look correct? Can you effect changes to the Payment &/or Loan details? (you can generally Cancel before Save)

I ran the validation. Fixed a few errors. I was able to delete all but one of the reminders displayed in the window. I edited the one for November, but now I see 5 more in the December area ? I miss my old MS money program :(

Another annoy> Edit button does nothing in the Reminder window. I can edit the loan via

Have you done a validation on your File?

The extra versions of my reminders bill are all dated the same month, so the view has nothing to do with it.

I have no memorized payee transactions that I know of. Where can I check for these?

Sorry, but I am new to this program. Porting over my file gave me no learning curve :0

When you say you see 5 more in the "December area", how far out are you displaying reminders? In Q2011, the Bill Reminder section will display one line for every date, in the increments you've specified, for as far out as you've set the window to show. I'm not in front of my Q computer right now, but my recollection is that the "how far out do you want to show reminders" setting is at the top of the Bill Reminders window. e.g. I think the default is either 30 days or 1 month. So if your payment is monthly, you'd only see it once. However, if your Bill Reminder window is set to 6 months, you'd see 6 lines for the same payment; one for each month.

Any chance that's what you're seeing on the Loan Reminder?

As far as the Transfer credit/debit goes, it may be picking up a Memorized Payee transaction that was saved as a credit instead of a debit. Look thru your memorized xctns & see if you find anything. If so, you can prob delete & rememorize.

Thx, Bartt

"Scott W" wrote in

Hope I can explain this as it seems complicated: I have a reoccurring home loan set up auto post to my savings account. My file was imported from MS Money. Was working fine for a few months but now it fails to enter the monthly transaction to my savings journal. In the bill pay section, there is5-6 repeat occurrences in the current month all seem identical. I try to edit but pressing the edit button does nothing. I looked under loans & all the prin/int allocations are correct except the current one is all interest. This loan is not new. Should I delete it & re-enter? If I do that what will happen to all the past activity? Version 2011 premier

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A common way to fix a broken scheduled transaction is to do a Validate (or possibly a super-Validate). If that doesn't actually fix the problem, it often permits deleting the broken scheduled transaction(s). But scheduled loan transactions are a bit different (I think the difference may be because those scheduled transactions are internally connected to a Quicken "loan"), and validating often doesn't help.

I can think of two approaches that might help when Validate doesn't work for a scheduled loan payment, both of which hopefully allow the old broken scheduled transaction(s) to be deleted and a good scheduled transaction to be created.

Simple approach:

Edit the loan payment "type": change it from a "scheduled" transaction to "memorized" transaction; manually delete the old scheduled transaction and any related invalid scheduled transactions (if changing payment "type" to a memorized transaction did not already do that); then change the loan payment "type" back to a "scheduled" transaction.

After doing this, you may want to see if the "memorized" transaction still exists, and delete it, if it does. [The loan payment "type" is defined in the loan "Payment Method" dialog, which is a button available in the Edit Loan Payment dialog (either from "Loan Details", or "Edit" in the Bill & Income Reminders List menu row.]

More complex approach:

Make sure you know all the loan criteria so you can completely recreate the loan in Quicken.

Delete the loan: during the loan delete process, Quicken will ask if you want to delete the associated loan liability account ... say "No". Then make sure there are no remaining scheduled transactions for the loan.

Add the loan back; during the loan add process, Quicken will ask if you want to create a new liability account, or link to an existing account ... tell Quicken to link the loan to the liability account you saved when you deleted the loan. Also tell Quicken that "payments have been made" when asked.

Backup before attempting either approach; if you don't like the results, restore the backup.

Thanks all for your help. Looks like I am back on track with the loan.