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Reconcile accounts in Quicken For Windows/Mac

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Reconciliation is a process where users match their records with a financial institution. Reconcile accounts in Quicken isn’t necessary to process but users do it to make their records compatible with the bank. 

Quick Note: Reconciliation typically done manually in Quicken, you can avail an option to reconcile online.

How to reconcile accounts in Quicken?

  • Open Quicken
  • Choose an account from the left-hand side account bar for reconciliation
  • Click on the top right gear icon and
  • Choose Reconcile (Ctrl+R)
  • Under your bank statement check the amount in opening balance field. In the Quicken your prior balance is taken from your last statement
  • Now confirm your opening balance with your bank statement
  • Now enter your ending balance by confirming it through a bank
  • Type the service charge or interest earned, choose the categories respectively
  • Click OK

reconcile accounts in quicken

Auto Reconcile accounts in Quicken

  • Open Quicken
  • Go to Account list (Ctrl+A)
  • Select an account that will set as auto reconcile in Quicken by clicking on Edit
  • Click on Online Services and make a check on Reconcile using online balances
  • Click OK and Done

 reconcile accounts in Quicken

 

Disable Auto reconcile accounts in Quicken

  • Open Quicken
  • Go to Account list (Ctrl+A)
  • Select an account that will no longer for auto reconcile in Quicken by clicking on Edit
  • Click on Online Services and uncheck Reconcile using online balances
  • Click OK and Done

Quicken For Windows/ Mac

  1.  Select the account from the sidebar account section, to perform the reconciliation process correctly
  2. Click on the top right gear icon and choose Reconcile (Ctrl+R) and enter interest or finance charges
  3. In the ending balance section, enter the date and amount from the time you start reconciliation
  4. Check off the boxes in the Reconcile column for all the transactions that appear on your bank statement. If the transactions were downloaded into your register, all of those transactions will already be checked
  5. Click Finish Now when the difference is 0 and all the transactions are checked.

If you face any problem while reconciling your accounts in Quicken, Call us 1-877-353-8076 or contact Quicken Support

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