Split transaction limit

It sounds like you're trying to categorize your credit card spending on the transaction that pays the credit card bill. You should try creating a new Quicken account for your credit card. If you then enter each transaction (e.g., restaurant charge) with a category (e.g., Dining) you can have an essentially unlimited number of transactions. When you pay your bill, you enter it as a transfer from your checking account to your credit card account. If you reconcile your credit card account using Quicken's Reconcile function, it will even set up the payment transaction for you.

Hope this helps.

Mike

This is how I have set up my Chase CC. My payments use a generic category of "credit card". Since I use this on both sides of the transaction they cancel themselves out and this account is always zero.

Instead of breaking out the transaction on the payment, establish a credit card account and enter the individual transactions there.

Then, when you pay the bill, you are "Transferring" money from your checking account to the credit card account to pay it off in full. This way, if you make partial payments, have credit card fees and the like, you'll capture that information with more detail and less hassle.

Steve

How would I then categorize each transaction appearing on the credit card invoice. Would I download the credit card info into Quicken and then go back and add the categories?

Currently I enter each transaction individually from my credit card statement so I can have meaningful reporting later. It allows me to track my spending throughout the year by category. It also facilitates my tax preparation later.

You can either do it manually (enter the entire transaction by hand as soon as you make the charge) or wait and download all of them from your credit card, and adjust the categories that are not right at that time. Quicken has facilities that will make the downloading (for example, "renaming rules") easy for you.

I tend to try to always enter the individual transactions as I use the card so I can see the running balances, then when I automatically download, they will get matched up with the existing entries.

The key thing is to enter each credit card purchase/refund transaction into a separate register entry in an account for each credit card. This enables Quicken features like Quickfill to speed up manual entry and renaming rules to automate handling transactions downloaded from a credit card company.

Mike