Processing online USmailed payments

In order to get the status to update (to "C")you will need to "cash" the check. When I make paper check payment with Quicken (using Quicken bill pay) the amount of the check will be debited from my account on the date the payment is designated to arrive at the creditor. If its in the register your balance will be updated but the check will not be marked as cleared (C) until you cash the check. When you reconcile the next statement the check will then be marked as reconciled (R).

Marty

} Bernie Cosell wrote: } > Some of you might recall that a few weeks back I got to wondering two } > things about online payments [this in the wake of my running into one that } > was never cashed]: } > } > 1) what, exactly, goes on in your register [in particular, when does its } > status change to 'c' and thence to 'R'] } > } > 2) how, if at all, can you tell if a mailed-online-payment was actually } > cashed.

} In order to get the status to update (to "C")you will need to "cash" the } check.

} ... the check will not be marked as cleared } (C) until you cash the check. When you reconcile the next statement the } check will then be marked as reconciled (R).

That's exactly what I'll be checking! It'd be nice if it worked that way [even better if there was some way via quicken to get *when* the check was negotiated]. We'll see... :o) ..

/bernie\