Hello,
I'm hoping to use Quicken to automatically enter my paychecks. However, I'm not sure of the best way to do this.
I'm paid on the 1st and the 15th of each month. The mid-month stub only reflects the amount deposited in my bank account. The paycheck statement received on the 1st summarizes everything (pay, deductions, and allotments) for the previous month, including the deposit made mid-month (shown as a deduction as it was paid two weeks earlier).
For convenience of budgeting and tracking my $, what is the "cleanest" way to record my paychecks? Should the mid-month paycheck be categorized only as a "Net Salary," and the 1st-of-month paycheck be recorded using the "Set Up Paycheck" feature? Or is there a better way?
Thanks for your help, kwc