question about loan account

Just upgraded from 2006Dlx to 2009Dlx, on Vista Home Premium.

Poking around on the new interface, I clicked on the "Net Worth" tab and noticed an oddity in the "Loan Accounts Summary" section. I have an auto loan that was set up in 2005 and have been making regular monthly payments. According to the summary, I have paid over $13k on the loan principal, but zero on interest, there are 48 payments remaining (it was 48 month loan at initiation) and a *credit* balance of $400 and change. If I click on the link to see the register for this loan, it shows all of the payments made, although it is all to principal, no interest.

Obviously there are some discrepancies and I don't know what I've done to create them.

- Why would it show 44 monthly payments (on a 48 month loan) in the register, but the summary report 48 payments remaining - essentially saying I had made no payments?

- Why would it not have made splits against principal *and* interest, when it was clearly set up as a 'loan' account?

This was the first ever account I set up in Q. specifically as a 'loan' account, so it's quite possible I did something wrong at that point. The account detail does show that i supplied an interest rate at setup. Also, I believe that, with the start date of that account, I would have set that up in Q2003, then taken it through upgrades to

2006 then 2009. Given the possibility I set up something wrong, I can understand the lack of splits and the resulting incorrect balance, but not why the summary shows 48 payments remaining.
Reply to
EdStevens
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Be sure you're on the current release of Q2009, which is R4.

Try Validating a Quicken Copy of your data, then see if the problem still exists in the Validated Copy. If the problem is gone, make the Validated Copy your current file.

If Validating the Q2009 data doesn't help, consider reinstalling Q2006, Validating a Quicken Copy of the Q2006 data, then converting that Validated Copy to Q2009.

Reply to
John Pollard

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