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Quicken has an in-product guide to get you started using Quicken. If you haven't already see it, or want to return to it, open Quicken and go to the View menu, then select Show Quicken Setup

We have posted many helpful videos on YouTube as well. You can start with An Overview of Quicken.

You may also find these slide shows useful: 


Contacting Support

This is a guide to using the product. If you are having issues setting up your Quicken or your Quicken subscription, go to the Quicken Support Page.
The information for phone and chat support is at the bottom of the Quicken Support Page.

Key information to get you started

The sections below will help you with setup and understanding key concepts.


 Add your Accounts

To use Quicken you must start by adding your financial accounts. It's easy to add the accounts you want to track in Quicken. The more accounts you add the more closely Quicken reflects your true financial situation, which can assist you in short- and long-term financial planning.


Add an online account

With online accounts, you download your transactions directly from the financial institution. If you do prefer to enter your transactions manually, see Add an offline spending account below.

  1. Select the Add Account  icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools Add Account from the top menu.
  2. Start typing the name of your financial institution, such as your bank or credit card provider. Quicken will filter the results based on what you type. When you see your financial institution in the panel below, select it and click Next.


    For online accounts, Quicken finds accounts based on the financial institution. This way, if you have multiple accounts at the same bank, you can add them all at once. You will have a chance to select the type of account later.

    If you cannot find your financial institution, go to their website or call them to see if they provide instructions for working with Quicken. You can also contact our customer support. While Quicken works with over 14,000 financial institutions, there are some financial institutions that may not be available. In those cases, see our instructions for adding an offline spending account below.

  3. Enter your account/user information. This is the information you use to sign in to your online account, such as a user name and password. you may be asked for additional information, such as a challenge question or a code that is sent to your email or phone.


  4. Review your accounts. Quicken will find all the accounts associated with your login. On this screen, you can make any adjustments, then click Next.
    • Type: Your options will vary according to the financial institution but Checking and Savings are the standard types.
    • Nickname: Enter any name that helps you easily identify the account.
    • Used for: Most accounts will be Personal, but depending on your versions you may have the option of Business and Rental
    • Action: Select Add to Quicken if you want to add an account.  

  5. Quicken now adds your accounts. You'll see a message letting you know what accounts were added. You can choose to either Add Another Account or Finish.


Add an offline account

Offline accounts (sometimes called manual accounts) don't connect to a financial institution. It is your responsibility to enter all the information and track your transactions accurately. In most cases, it is preferable to use an online account, but you may choose this for security, control, or because the account is not with an institution Quicken can connect to. 

  1. Select the Add Account  icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools Add Account from the top menu.
  2. Select Offline Account.
  3. Select the account type. Spending accounts include Checking, Savings, and Credit Card.
  4. Name your account and select Next. Depending on your version of Quicken, you may also have options for selecting how your account is used.
  5. Enter your Statement ending date (The date you want to start tracking from) and your Statement ending balance (how much was in your account that day). Select Next.
  6. Your account will be added. Select Finish.


Add other account types

 Offline Loan or HELOC

When you set up a loan, Quicken creates a loan account that tracks the amount you owe, the length of the loan, the current interest rate, and your chosen method of payment. After it's set up, click the loan name in the Account Bar to use the Quicken loan feature. It provides some great tools for managing your loans and figuring out where you stand.


 Automatic download account (online)
  1. Click the Add Account plus sign icon  at the top right of the Account Bar.

  2. During the setup process, you’ll be asked a few questions:

     What is the name of your bank or brokerage

    If your bank or brokerage is listed on the screen, click it.

    If your bank or brokerage is not listed on the screen, start typing its name. After you type a few characters Quicken displays a list of possible matches. If you see what you are looking for, go ahead and click the name of your bank or brokerage. If you don't see what you are looking for, click Back and try again.

    What if I can’t find it in the list, or I want to enter transactions manually?

    Use Manual Loan Account Setup. 

    Why does Quicken want to know my bank name?

    Quicken needs to know your bank or brokerage name to find out if it can download transactions for you.

    Downloading transactions will:

    • Save you from manually entering your data
    • Ensure data accuracy
    • Help you detect invalid or fraudulent transactions

    What if I don’t enter the name of my bank? (Keep the info that’s already here?

    If you don't enter the name of your bank or brokerage, Quicken won't be able to download transactions for you. You will therefore have to manually enter your transactions into Quicken. See Manual Loan Account Setup.

  3. Select a currency for the account (Optional)
    If you have set up Quicken to track multiple currencies, select one from the list. If you decide you need to change the currency for the account, you can do so only if you haven't entered any transactions except the opening balance.
  4. What is your financial institution User ID and password?

     Information about User ID and Password

    Quicken needs this information so it can download your account information. For most banks and brokerages, you can use the same user ID and password you use to log in to their website. If you don't have a user ID and password right now, add the account manually. You can always activate it to update transactions or send payments later on.

    • What is a user name?

      It may be an account number or some other number assigned by your bank or brokerage. It may also be the user ID you use to log in to their website.

    • Can I use the password for my bank website?

      Yes. If you entered the user ID that you use to log in to your bank or brokerage website in the user ID field, then enter the website password as well.

    • Did you receive "Direct Connect" instructions from your bank or brokerage?

      Direct Connect is a service some banks and brokerages use to connect to Quicken. You will know if you have Direct Connect if you specifically signed up for it and/or your bank or brokerage sent you a special user ID and password to use with Quicken. If so, use your Direct Connect login information on this screen.

      If you did not receive special login instructions, use your website user ID and password here.

      If you are not sure what to do, use the user ID and password you would use to log in to your bank's website.

    • Can I see my password while entering the user ID and password?

      Yes. To see the password while adding an account, select the Show Characters box to the right of the password box.

    • What happens if I save my password?

      This step is necessary only for accounts using direct connect. See Why don't I need to enter my bank password to download from my bank? (support site) for more information.

      Quicken's Password Vault is a secure and convenient way to store multiple financial institution passwords that you can then access with a single master password.

      • You can open the Password Vault to add, remove, or change stored passwords at any time.
      • When the Password Vault was developed, it went through a rigorous security review.
      • The Password Vault uses industry-standard encryption to save your passwords, and it is careful to remove them from memory when they are no longer being used.
  5. Tips for successful connections 

     Expand for more information

    Sometimes Quicken needs more information to determine what type of account you have, or at what branch the account resides at before it can access it. If you are not sure, here are some tips that may help you:

    Account Type

    If different types of accounts are shown, such as checking, savings, or credit card, choose the account type that applies to you.

    State or Location

    Some banks and brokerages use a state or region to classify accounts. If you see your state listed, this is probably the option to select.

    Bank Mergers

    Did your local bank or credit union merge with a larger bank? If you see your old or pre-merger bank name listed, this is probably the option to select.

    Having trouble? Contact your bank or brokerage for instructions.

  6. How should Quicken set up accounts it has found?


     Expand for more information

    We have found the following

    This is a list of your accounts that Quicken has detected at your bank or brokerage.

    • Quicken needs to know what you want to do with the accounts it has found. Keep in mind that you don't need to set up all of the accounts it finds; just the ones that you want to track in Quicken.
    • Choose Add to create a new Quicken account in which to download your transactions. If you are new to Quicken, this is probably the option that you want.
    • Choose Link to download your transactions into an existing Quicken account. If you have previously set up the account in Quicken, but are not yet downloading transactions into it, this is probably the option you want.
    • Choose Ignore to disregard one of the accounts that Quicken has found. No account will be created, and transactions for that account will not be downloaded into Quicken.

    Nickname (Optional)

    Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface. If you don't enter a nickname, Quicken will use the name provided by your financial institution for the account.

    Used mostly for

    If you are using Quicken Home, Business & Rental Property, choose the primary use of the account: Personal (which is the default), Business, or Rental Property. Your selection determines where in the Quicken interface (on which tab) the account appears. You can change this from the Account List later if you wish.

    • Your accounts have been added!

      You will receive confirmation that your account, or accounts, have been added to Quicken. Depending on the type of account you are adding there may be other steps you need to take. This screen will tell you what you need to do, if anything, to start using the accounts. Congratulations!

      If you have chosen to use mobile as a part of your Quicken Registration, on this screen, you will get an option to sync the added account to the cloud. If you wish to add this account to the cloud, select the Sync to Quicken cloud for Mobile / Alerts check-box next to the account that you have added.

    • Why do I not see the option to Sync to Quicken Cloud?

      You will see this option only if you have chosen to Use Mobile as part of the registration. If you wish to view your accounts in mobile or to receive custom account notifications, click the Mobile and Web tab and follow the instructions.

  7. Your accounts have been added

Why don't I see the option to Sync to Quicken Cloud?

You will see this option only if you have chosen to Use Mobile as part of the registration. If you wish to view your accounts in mobile or to receive custom account notifications, click the Mobile and Web tab and follow the instructions.

 Manual account loan setup

If you’d prefer to add a “disconnected” or manual loan account:

  1. Select the Add Account  icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools Add Account from the top menu.
  2. Select Offline Account.
  3. Under Loan & Debt, select Loan. If you are setting up a Home Equity Line of Credit, select HELOC
  4. Enter your loan information. (See loan information details below)
  5. Select Next. Answer any additional questions.
  6. Review the Loan Payment Reminder.
  7. Select Done.

Loan Information Details

 Loan Name

Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface.

 Loan Type

Select the type of loan you want to set up. Your selection determines the categories Quicken creates to track your loan. For example, to track a mortgage Quicken creates Home:Mortgage:Principal; and to track an auto loan Quicken creates Auto&Transport:Auto Payment:Principal. For "connected" loan accounts, this option may not be available because the loan type is determined by your financial institution.

 Opening date and original balance

If your loan is:

  • For a new bank loan, enter the loan amount in Original Balance. Quicken inserts today's date in Opening Date, but you can change it.
  • For an existing bank loan, enter the original balance of the loan in Original Balance, and enter the date on which you first took out the loan in Opening Date.
 Current interest rate

Current interest rate

  • Enter the interest rate that will be in effect for the next payment.
  • If the loan is an adjustable-rate loan, you can change the rate when necessary.
  • You don't have to enter the percent sign.
 Original length

The Original Length of the loan refers to the period of time during which payments are due, starting from the date the loan was opened until the date the last payment is due.

 Compounding Period

Tell Quicken how often your loan is compounded. Select Daily, Monthly, or Semi-Annually from the drop-down list.

The Compounding Period affects how much interest is owed on a loan. The more frequently the interest is calculated, the higher the total interest is.

 Payment schedule

Tell Quicken how often you make payments. Select the period that matches your loan from the drop-down list.

 Current balance

Enter the amount due on the loan, as of the opening date you entered above. For "connected" loan accounts, you may not be able to change the current balance because it is downloaded from your financial institution.

 Monthly payment

Enter the base amount of your loan payment. Include your regular payment only (principal + interest). Don't include any fees other amounts. If this is an interest-only loan, enter it as the payment amount.

 Next payment due

Enter the date by which your lender must receive payment.

 Other

Enter any additional fees that you are required to pay on top of your base loan payment.

 Extra Principal

Enter any additional money you want to pay towards reducing your loan principal.

 Loan payment reminder

If you are adding a "connected" loan account, you may set up a simple or a detailed loan reminder. If you are adding a "disconnected" manual loan account, you may set up a detailed loan reminder only.

A simple loan reminder tracks only the loan payment total.

A detailed loan reminder tracks all of the line items included in your loan payment total –things like interest, private mortgage insurance, and property taxes. Tracking these items can help you plan and project your spending and taxes. To learn more, see Set up a detailed loan payment reminder.

 Add a linked asset account

Quicken asks if you'd like to set up an asset account to track the value of the item you're purchasing with this loan. This makes net worth reports more accurate.

  1. If you'd like to set up an account, click Add linked asset account and select the type of asset account to create. If you don't want an asset account, click Done.
  2. Quicken displays your loan in the Property & Debt tab.



About Loan Details

To access the Loan Details screen:

  1. Select the loan from the account bar or from your Account List (Ctrl + A).
  2. From the ger menu on the upper right side of the page, select 



 Investment / Brokerage account

When you add an account, Quicken adds the new account to the Account List (choose Tools menu > Account List). In most cases, you'll want to add all your accounts in the same Quicken data file, so that you can track all your finances in one place.
  1. Select the Add Account icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools Add Account from the top menu.
  2. Enter the name of your brokerage and select. 
  3. Follow the on-screen instructions.

Simple Setup wizard

As you move through the account setup process, you may not see all the pages described below—these depend on the type of account you are adding and how much information Quicken can download from your financial institution. Expand a section below for more information.

 What is the difference between simple investing and complete investing?

Simple Investing tracks positions only

With Simple Investing, Quicken keeps track of the positions (number of shares for each security) over time, and your cash balances. Quicken’s tracking is based on information provided by your broker.  Your portfolio value, net worth, and investment returns over time will be available, but Quicken will not be able to calculate capital gains and losses or investment income. Quicken will display an account summary rather than an investment transaction register when the account is selected.

Complete Investing tracks positions and transactions

With Complete Investing, Quicken keeps track of transaction detail as well as the positions over time, based on information provided by your broker.  This is the tracking approach that Quicken has always provided in the past. With Complete Investing, in addition to portfolio value, net worth, and investment returns, Quicken is able to tracks and displays capital gains, and capital losses, and investment income. Quicken will displays the investment transaction register when the account is selected.

 What type of account do you want to add?

Select the type of account you would like to add to Quicken. 

 What is the name of your bank or brokerage?

If your bank or brokerage is listed on the screen, click it.

If your bank or brokerage is not listed on the screen, start typing its name. After you type a few characters Quicken displays a list of possible matches. If you see what you are looking for, go ahead and click the name of your bank or brokerage. If you don't see what you are looking for, click Back and try again.

 What if I can't find it in the list, or I want to enter transactions manually?

If you've tried a couple of times and you can't find your bank or brokerage in the list, or if you want to enter your transactions manually, click Advanced Setup and then choose I want to enter my transactions manually. You can always activate it to download transactions or send payments later on (if your financial institution supports bill pay).

 Why does Quicken want to know my bank name?

Quicken needs to know your bank or brokerage name to find out if it can download transactions for you.

Downloading transactions will:

  • Save you from manually entering your data
  • Ensure data accuracy
  • Help you detect invalid or fraudulent transactions
 What if I don't enter the name of my bank?

If you don't enter the name of your bank or brokerage, Quicken won't be able to download transactions for you. You will therefore have to manually enter your transactions into Quicken.

 Select a currency for the account (Optional)

If you have set up Quicken to track multiple currencies, select one from the list. If you decide you need to change the currency for the account, you can do so only if you haven't entered any transactions except the opening balance.

 What is your user ID and password?

Quicken needs this information so it can download your account information. For most banks and brokerages, you can use the same user ID and password you use to log in to their website. If you don't have a user ID and password right now, add the account manually. You can always activate it to update transactions or send payments later on.

 What is a user name?

It may be an account number or some other number assigned by your bank or brokerage. It may also be the user ID you use to log in to their website.

 Can I use the password for my bank website?

Yes. If you entered the user ID that you use to log in to your bank or brokerage website in the user ID field, then enter the website password as well.

 Did you receive "Direct Connect" instructions from your bank or brokerage?

Direct Connect is a service some banks and brokerages use to connect to Quicken. You will know if you have Direct Connect if you specifically signed up for it and/or your bank or brokerage sent you a special user ID and password to use with Quicken. If so, use your Direct Connect login information on this screen.

If you did not receive special login instructions, use your website user ID and password here.

If you are not sure what to do, use the user ID and password you would use to log in to your bank's website.

 Can I see my password while entering the user ID and password?

Yes. To see the password while adding an account, select the Show Characters box to the right of the password box.

 What happens if I save my password?

Your password will be saved in the Quicken Password Vault.

Quicken's Password Vault is a secure and convenient way to store multiple financial institution passwords that you can then access with a single master password.

  • You can open the Password Vault to add, remove, or change stored passwords at any time.
  • When the Password Vault was developed, it went through a rigorous security review.
  • The Password Vault uses industry-standard encryption to save your passwords, and it is careful to remove them from memory when they are no longer being used.
 What is the account type or branch?

Sometimes Quicken needs more information to determine what type of account you have, or at what branch the account resides at before it can access it. If you are not sure, here are some tips that may help you:

Account Type

If different types of accounts are shown, such as checking, savings, or credit card, choose the account type that applies to you.

State or Location

Some banks and brokerages use a state or region to classify accounts. If you see your state listed, this is probably the option to select.

Bank Mergers

Did your local bank or credit union merge with a larger bank? If you see your old or pre-merger bank name listed, this is probably the option to select.

Having trouble? Contact your bank or brokerage for instructions.

 How should Quicken set up accounts it has found?

After you tell Quicken how to access your bank or brokerage, it goes online and downloads information about the accounts you hold there. Quicken then asks you to provide a bit more information about the accounts.

We have found the following

This is a list of your accounts that Quicken has detected at your bank or brokerage.

Account Type

You may see various items in this list: Checking, Savings, Credit Card, Brokerage, IRA or Keogh plan, or 401(k). Choose one that best matches the purpose of your real-world account.

Add, Ignore, or Link

Quicken needs to know what you want to do with the accounts it has found. Keep in mind that you don't need to set up all of the accounts it finds; just the ones that you want to track in Quicken.

Choose Add to create a new Quicken account in which to download your transactions. If you are new to Quicken, this is probably the option that you want.

Choose Link to download your transactions into an existing Quicken account. If you have previously set up the account in Quicken, but are not yet downloading transactions into it, this is probably the option you want.

Choose Ignore to disregard one of the accounts that Quicken has found. No account will be created, and transactions for that account will not be downloaded into Quicken.

Nickname (Optional)

Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface. If you don't enter a nickname, Quicken will use the name provided by your financial institution for the account.

Used mostly for

If you are using Quicken Home, Business & Rental Property, choose the primary use of the account: Personal (which is the default), Business, or Rental Property. Your selection determines where in the Quicken interface (on which tab) the account appears. You can change this from the Account List later if you wish. the account appears. You can change this from the Account List later if you wish.

 Your accounts have been added!

You will receive confirmation that your account, or accounts, have been added to Quicken. Depending on the type of account you are adding there may be other steps you need to take. This screen will tell you what you need to do, if anything, to start using the accounts. Congratulations!

If you have chosen to use mobile as a part of your Quicken Registration, on this screen, you will get an option to sync the added account to the cloud. If you wish to add this account to the cloud, select the Sync to Quicken cloud for Mobile / Alerts check-box next to the account that you have added.

 Why do I not see the option to Sync to Quicken Cloud?

You will see this option only if you have chosen to Use Mobile as part of the registration. If you wish to view your accounts in mobile or to receive custom account notifications, click the Mobile and Web tab and follow the instructions.

Advanced Setup wizard

For most users, Simple Setup is all they will need to add their accounts. If you need to use Advanced/Manual Setup you will see a few additional screens. Click a link for more information.

 Do you want to download transactions, or enter transactions manually?

If you want to download transactions into Quicken, enter the name of your bank, brokerage, or credit card company and click Next.

If you don't want to download transactions into Quicken, select I want to enter my transactions manually and click Next. This option means that you will need to update your account transactions by hand.

 What is the name you'd like to use for this account?

Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface.

 What is this account primarily used for?

If you are using Quicken Home, Business & Rental Property, choose the primary use of the account: Personal (which is the default), Business, or Rental Property. Your selection determines where in the Quicken interface (on which tab) the account appears. You can change this from the Account List later if you wish. the account appears. You can change this from the Account List later if you wish.

 What is the statement ending date and balance?

If you know the ending date and balance

Enter the appropriate date and balance from your statement, and then click Done.

If you don't know the ending date and balance

Leave the settings as they are (today's date, with a zero balance), and then click Done.

The new account will be added with an opening balance of $0.00, as of today. You can edit the opening balance later.

 Which connection method should be used?

The following options are not available for every account. The connection methods you see in the wizard will be customized to your financial institution and the account you are setting up.

Express Web Connect (Free)

Express Web Connect provides an integrated way to update transactions and account balances for financial institutions that do not currently connect directly to Quicken. With Express Web Connect, you can use One Step Update to update multiple accounts, and you no longer have to go to a financial institution's website to retrieve transactions.

Direct Connect (Fees may apply)

Direct Connect is a service some banks use to connect to Quicken. You will know if you have Direct Connect if you specifically signed up for it and/or your bank sent you a special user ID and password to use with Quicken. Some financial institutions require Direct Connect to use services such as bill pay, or transfers via Quicken.

Web Connect (Free)

Many financial institutions offering Web banking also let you download your Web transactions into Quicken. If you already have a password, and if the website displays the Quicken logo or a button or link that says Download to Quicken, this means that your financial institution supports the Web Connect protocol for downloading and importing transactions into Quicken.

 About this account—IRA accounts
  1. Next to Who owns this IRA? select either yourself or your spouse.
  2. Next to IRA Type select:
    • Traditional IRA
    • Roth IRA
    • Coverdell ESA
    • Keogh plan
    • SEP IRA
    • SIMPLE IRA
 About this account—401(k) and employer information


  1. Enter a name for this account.
    Account names usually appear in alphabetical order in Quicken. If you and your spouse both have a 401(k) account, or you have 401(k) accounts from previous employers, begin each account name with something similar, such as "401(k) for Terry" and "401(k) for Chris." This way, all your 401(k) accounts will appear next to each other in lists throughout Quicken.
  2. Enter the ending date from your statement.

    Caution

    If you're entering information from your financial institution's website instead of from a paper statement, and if this date is today's date, then don't download transactions for this account until tomorrow. This is necessary to reconcile your Quicken account data with account data posted by your financial institution.

  3. Enter the name of your employer and whether this is your current employer or a previous one.
  4. Identify the owner of this account: you or your spouse.
    Quicken uses this to assign the correct tax-related category to transactions.
 What is the ending cash balance for this account?


  1. In the Statement Date field, enter one of the following:
    • If you're entering this information from a statement, enter the statement ending date.
    • If you're entering this information from your financial institution's website, use the date the information was posted (usually today or yesterday).
  2. In the Cash field, enter the cash balance in this account.
    If your broker sweeps your cash balance into a money market fund, then the amount that is actually held in cash may be a very small amount—usually only equal to the amount of a recent dividend, security sale, or other transaction that resulted in a positive cash amount.
  3. In the Money Market Fund field, enter the share balance for your money market fund security, if any.
    Your broker may call this a sweep fund. The cash balance and the sweep fund together make up your total cash balance. For example, if you have $200 in cash and $1,200 in shares of a money market fund, your total cash balance would be $1,400.


 What securities are in this account?

Do the following for each security you hold in this account:

  1. In the Ticker field, enter the ticker symbol for the security. If you know the security ticker, Quicken will download the name for you.
    • If you don't know the ticker symbol, click Ticker Symbol Lookup.
    • If the security doesn't have a ticker symbol (for example, a proprietary security sold by your financial institution), enter a security name in the Security Name field.
    • Don't enter bonds on this page. When you're finished setting up securities, open the transaction list, click Enter Transaction, and then choose Bond Purchase.
  2. When you've finished for each security, click Next.
 Enter your current holdings information

Do the following for each security you hold in this account:

  1. Enter the number of shares for each security you own. If this is a 401(k) account only, enter the number of shares and total market value. (If your financial institution doesn't report the number of shares, you can enter the market value.)
  2. Select the appropriate security type: Stock, Mutual Fund, or Other.
  3. Click Next.
 Summary

Review the information you entered on the previous pages. If you need to change anything, click Back.

 Click here to expand...
  • Note for IRA accounts
    If this is an IRA account, Quicken identifies the entire opening balance as a contribution in the year that the account is added. If you want to edit the opening balance to assign contribution amounts to specific prior tax years, you can do so now:
    1. Scroll down to the blank transaction line at the bottom of the transaction list.
    2. Click Enter Transaction.
    3. In the Enter transactions field, select Cash Transferred into Account. Follow the on-screen instructions to create a cash transfer into the account for a prior tax year. Be sure to use the correct date for both the transaction and for the tax year assignment.
    4. Click Enter New if you need to repeat step 3 for prior tax years. When you're finished, click Enter Done.
    5. Go back to the top of the transaction list and change the Opening Balance to equal just the amount you actually contributed this year.



Additional Information



 Vehicle account

When you add a new account, Quicken adds it to the Account List (choose Tools menu > Account List). In most cases, you'll want to add all of your household's accounts in the same Quicken data file, so that you can track all your finances in one place.
  1. Select the Add Account icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools Add Account from the top menu.
  2. Click Other Assets & Liabilities.
  3. Select Car, Truck, Van, RV.
  4. During the setup process, you'll be asked a few questions.
    • What is the name you'd like to use for this account?
    • What is this account primarily used for?
    • Select a currency for the account (Optional)
    • Tell Quicken about the vehicle you'd like to track
    • Is there a loan on this vehicle?

 Reimbursable expenses / cash

If you make a lot of reimbursable work-related expenses, you can track them in a Quicken cash account.

To add an account:

  1. Select the Add Account icon on the top right of the Account Bar.
  2. Select Other Assets and Liabilities.
  3. Select Cash and then follow the on-screen instructions.
  4. Enter a meaningful name for the account, such as Reimbursables.
  5. When you get to the starting date and opening balance dialog, enter today's date and the amount of outstanding reimbursable expenses. Quicken will display this as a positive amount in the Reimbursable account's register. If you're not currently owed any money, enter zero.

Recording reimbursable expenses

In the future, follow this procedure when you record reimbursable expenses in your checking or credit card account:

  1. In the checking or credit card account where you make the expense, record the transaction in the account register, as usual. This is an expense transaction. This transaction should reduce the balance of the checking account.
  2. In the Category field, instead of assigning a category to the transaction, click the Transfers tab on the left of the Category List and choose the reimbursable account you added. Quicken adds this amount to the balance of the reimbursable account.

Recording a reimbursement

In the future, follow this procedure when you record the reimbursement:

  1. In the account where you receive the reimbursement, record the transaction in the account register, as usual. This is a deposit transaction. This transaction should increase the balance of the checking account.
  2. In the Category field, instead of assigning a category to the transaction, click the Transfers tab in the Category List and choose the reimbursable account you added. Quicken subtracts this amount from the balance of the reimbursable account.

When you've received reimbursements for all your outstanding expenses, the balance of the Reimbursement account will be zero.

 House

If you make a lot of reimbursable work-related expenses, you can track them in a Quicken cash account.

To add an account:

  1. Select the Add Account icon on the top right of the Account Bar.
  2. Select Other Assets and Liabilities.
  3. Select Cash and then follow the on-screen instructions.
  4. Enter a meaningful name for the account, such as Reimbursables.
  5. When you get to the starting date and opening balance dialog, enter today's date and the amount of outstanding reimbursable expenses. Quicken will display this as a positive amount in the Reimbursable account's register. If you're not currently owed any money, enter zero.

Recording reimbursable expenses

In the future, follow this procedure when you record reimbursable expenses in your checking or credit card account:

  1. In the checking or credit card account where you make the expense, record the transaction in the account register, as usual. This is an expense transaction. This transaction should reduce the balance of the checking account.
  2. In the Category field, instead of assigning a category to the transaction, click the Transfers tab on the left of the Category List and choose the reimbursable account you added. Quicken adds this amount to the balance of the reimbursable account.

Recording a reimbursement

In the future, follow this procedure when you record the reimbursement:

  1. In the account where you receive the reimbursement, record the transaction in the account register, as usual. This is a deposit transaction. This transaction should increase the balance of the checking account.
  2. In the Category field, instead of assigning a category to the transaction, click the Transfers tab in the Category List and choose the reimbursable account you added. Quicken subtracts this amount from the balance of the reimbursable account.

When you've received reimbursements for all your outstanding expenses, the balance of the Reimbursement account will be zero.

 401(k)/403(b)

  1. Select the Add Account icon on the top right of the Account Bar.

    You can also add a new account by selecting Tools  Add Account from the top menu.
  2. If the financial institution that manages your 401(k)/403(b) is available online, use the search to find the financial institution, otherwise select Offline Account → 401(k).
  3. Follow the on-screen instructions. For more information, see below.

Simple Setup wizard

As you move through the account setup process, you may not see all the pages described below—these depend on the type of account you are adding and how much information Quicken can download from your financial institution. Click a link below for more information.

 What type of account do you want to add?

Select the type of account you would like to add to Quicken. 

 What is the name of your bank or brokerage?

If your bank or brokerage is listed on the screen, click it.

If your bank or brokerage is not listed on the screen, start typing its name. After you type a few characters Quicken displays a list of possible matches. If you see what you are looking for, go ahead and click the name of your bank or brokerage. If you don't see what you are looking for, click Back and try again.

 What if I can't find it in the list, or I want to enter transactions manually?

If you've tried a couple of times and you can't find your bank or brokerage in the list, or if you want to enter your transactions manually, click Advanced Setup and then choose I want to enter my transactions manually. You can always activate it to download transactions or send payments later on (if your financial institution supports bill pay).

 Why does Quicken want to know my bank name?

Quicken needs to know your bank or brokerage name to find out if it can download transactions for you.

Downloading transactions will:

  • Save you from manually entering your data
  • Ensure data accuracy
  • Help you detect invalid or fraudulent transactions
 What if I don't enter the name of my bank?

If you don't enter the name of your bank or brokerage, Quicken won't be able to download transactions for you. You will therefore have to manually enter your transactions into Quicken.

 Select a currency for the account (Optional)

If you have set up Quicken to track multiple currencies, select one from the list. If you decide you need to change the currency for the account, you can do so only if you haven't entered any transactions except the opening balance.

 What is your user ID and password?

Quicken needs this information so it can download your account information. For most banks and brokerages, you can use the same user ID and password you use to log in to their website. If you don't have a user ID and password right now, add the account manually. You can always activate it to update transactions or send payments later on.

 What is a user name?

It may be an account number or some other number assigned by your bank or brokerage. It may also be the user ID you use to log in to their website.

 Can I use the password for my bank website?

Yes. If you entered the user ID that you use to log in to your bank or brokerage website in the user ID field, then enter the website password as well.

 Did you receive "Direct Connect" instructions from your bank or brokerage?

Direct Connect is a service some banks and brokerages use to connect to Quicken. You will know if you have Direct Connect if you specifically signed up for it and/or your bank or brokerage sent you a special user ID and password to use with Quicken. If so, use your Direct Connect login information on this screen.

If you did not receive special login instructions, use your website user ID and password here.

If you are not sure what to do, use the user ID and password you would use to log in to your bank's website.

 Can I see my password while entering the user ID and password?

Yes. To see the password while adding an account, select the Show Characters box to the right of the password box.

 What happens if I save my password?

Your password will be saved in the Quicken Password Vault.

Quicken's Password Vault is a secure and convenient way to store multiple financial institution passwords that you can then access with a single master password.

  • You can open the Password Vault to add, remove, or change stored passwords at any time.
  • When the Password Vault was developed, it went through a rigorous security review.
  • The Password Vault uses industry-standard encryption to save your passwords, and it is careful to remove them from memory when they are no longer being used.
 What is the account type or branch?

Sometimes Quicken needs more information to determine what type of account you have, or at what branch the account resides at before it can access it. If you are not sure, here are some tips that may help you:

Account Type

If different types of accounts are shown, such as checking, savings, or credit card, choose the account type that applies to you.

State or Location

Some banks and brokerages use a state or region to classify accounts. If you see your state listed, this is probably the option to select.

Bank Mergers

Did your local bank or credit union merge with a larger bank? If you see your old or pre-merger bank name listed, this is probably the option to select.

Having trouble? Contact your bank or brokerage for instructions.

 How should Quicken set up accounts it has found?

After you tell Quicken how to access your bank or brokerage, it goes online and downloads information about the accounts you hold there. Quicken then asks you to provide a bit more information about the accounts.

We have found the following

This is a list of your accounts that Quicken has detected at your bank or brokerage.

Account Type

You may see various items in this list: Checking, Savings, Credit Card, Brokerage, IRA or Keogh plan, or 401(k). Choose one that best matches the purpose of your real-world account.

Add, Ignore, or Link

Quicken needs to know what you want to do with the accounts it has found. Keep in mind that you don't need to set up all of the accounts it finds; just the ones that you want to track in Quicken.

Choose Add to create a new Quicken account in which to download your transactions. If you are new to Quicken, this is probably the option that you want.

Choose Link to download your transactions into an existing Quicken account. If you have previously set up the account in Quicken, but are not yet downloading transactions into it, this is probably the option you want.

Choose Ignore to disregard one of the accounts that Quicken has found. No account will be created, and transactions for that account will not be downloaded into Quicken.

Nickname (Optional)

Enter the name you want to use to refer to the account in Quicken. This name will appear in reports, and in the Quicken interface. If you don't enter a nickname, Quicken will use the name provided by your financial institution for the account.

Used mostly for

If you are using Quicken Home, Business & Rental Property, choose the primary use of the account: Personal (which is the default), Business, or Rental Property. Your selection determines where in the Quicken interface (on which tab) the account appears. You can change this from the Account List later if you wish. the account appears. You can change this from the Account List later if you wish.

 Your accounts have been added!

You will receive confirmation that your account, or accounts, have been added to Quicken. Depending on the type of account you are adding there may be other steps you need to take. This screen will tell you what you need to do, if anything, to start using the accounts. Congratulations!

If you have chosen to use mobile as a part of your Quicken Registration, on this screen, you will get an option to sync the added account to the cloud. If you wish to add this account to the cloud, select the Sync to Quicken cloud for Mobile / Alerts check-box next to the account that you have added.

 Why do I not see the option to Sync to Quicken Cloud?

You will see this option only if you have chosen to Use Mobile as part of the registration. If you wish to view your accounts in mobile or to receive custom account notifications, click the Mobile and Web tab and follow the instructions.

Advanced Setup wizard

For most users, Simple Setup is all they will need to add their accounts. If you need to use Advanced/Manual Setup you will see a few additional screens. Click a link for more information.

 About this 401(k)/403(b) account—Account Name

Enter a name for the account. The name you type will appear throughout Quicken to distinguish this account from others. Use any combination of letters, numbers, spaces, and other characters except these: [ (left bracket), ] (right bracket), / (slash), : (colon), | (bar), ^ (caret).

 Tell us about this account—401(k) and employer information
  1. Enter a name for this account.
    Account names usually appear in alphabetical order in Quicken. If you and your spouse both have a 401(k) account, or you have 401(k) accounts from previous employers, begin each account name with something similar, such as "401(k) for Terry" and "401(k) for Chris." This way, all your 401(k) accounts will appear next to each other in lists throughout Quicken.
  1. Enter the ending date from your statement.

    Caution

    If you're entering information from your financial institution's website instead of from a paper statement, and if this date is today's date, then don't download transactions for this account until tomorrow. This is necessary in order to reconcile your Quicken account data with account data posted by your financial institution.

  2. Enter the name of your employer and whether this is your current employer or a previous one.
  3. Identify the owner of this account: you or your spouse. Quicken uses this information to assign the correct tax-related category to transactions.
 Do you have any loans against this account?

Select the appropriate check box. If you have loans, indicate how many.

 Enter information about your loan

If you selected the check box to indicate that you have a loan, Quicken helps you track it in a loan account.

  1. Enter a description (for example Home Down Payment).
  2. Enter how much you currently owe.
  3. Do you want Quicken to add a loan account to track how much you owe? If so, select the Set up account check box.
  4. Enter the original amount you borrowed for this loan.
 What securities are in this account?

Do the following for each security you hold in this account:

  1. Under the Ticker field, enter the ticker symbol for the security. If you know the security ticker, Quicken will download the name for you.
    • If you don't know the ticker symbol, click the button labeled Ticker Symbol Lookup.
    • If the security doesn't have ticker symbol (for example, a proprietary security sold by your financial institution), enter a security name in the Security Name.
    • Don't enter bonds in this dialog. When you're finished setting up securities, open the transaction list, click Enter Transaction, and then choose Bond Purchase.
  2. When you've finished for each security, click Next.
 Enter your current holdings information

Do the following for each security you hold in this account:

  1. Enter the number of shares and total market value. (If your financial institution doesn't report the number of shares, you can enter the market value.)
  2. Select the appropriate security type: Stock, Mutual Fund, or Other.
  3. Click Next.
 Setup Summary/Loan Summary
  1. Confirm your settings from the previous setup windows.
  2. Check to see that your information is correct:
    • Is the statement date correct?
    • Are all your securities (mutual funds) listed?
  3. Click Previous to return to previous windows and make changes.
  4. When you're finished, click Done.
    After you click Done, you'll see summary graphs and reports in the 401(k) account Summary tab. Some of the details won't matter much yet, because you've only entered one statement.
  5. When you're ready to enter your next statement, open the account, click  (the Account Actions icon), and then choose Update 401(k) Holdings.

Notes

When Quicken adds a 401(k)/403(b) account, it also creates a special tax impact account. This account tracks all the transactions associated with your retirement account that can have an affect on your taxes (for example, if you withdraw funds from your retirement account prematurely). Quicken uses this information in some tax reports and planning tools. The tax impact account does not appear in your Account List, but you can drill down to tax impact account transactions in tax reports. You should not edit or delete such transactions, or the account itself, in any way.




Are you having issues adding an account?

If you are having issues adding an account, you may want to check the following support article:


You can also contact support directly. Contact information is at the bottom of the support page.

 Understand Categories

What categories are

Quicken assigns categories to your transactions when it downloads them from your bank. These are Quicken’s best guess about why a transaction was made. For example, if you spend money at a supermarket, Quicken guesses that you are buying groceries.

How categories are used

Categories are used to power many of the key features of Quicken, including tracking your spending and creating budgets. When you create a budget, you identify the different categories you plan to spend money in, and Quicken tracks your spending in those categories.

Why you should review your categories

Quicken is good at identifying categories for transactions, but not perfect. Quicken will assume that you bought groceries at a supermarket, but you may have bought pots and pans, a magazine, or medicine.

By reviewing your transactions, you make sure you are accurately tracking your income and spending.

Finding the right category

You may see quite a few sections of categories depending on your version of Quicken. Personal Expenses is a good place to start. This section contains the transaction categories people use in day to day life, from shopping, to auto expenses, to mortgage and rent. You can also select to see more information about individual categories.

Editing uncategorized transactions

There are some transactions that Quicken does not know enough about to assume a category. In those cases, you will need to supply the category.

The Category list appears in your register. In the example above, the user is selecting a new category for a register entry. Sometimes, when Quicken assigns a category, you will need change it to better reflect the nature of the transaction. You can also see a blank entry in the Category list. This occurs when Quicken is not familiar enough with a payee to add a suggested category.

 Review your transactions

After Quicken downloads your transactions, you can review the transactions before entering them in your register in a matching process called Compare to Register.


  1. Open the account you want to work with.
  2. Click the Downloaded Transactions tab. If you'd like, you can click the column headings to sort the transactions.
  3. Quicken assigns a Status to each downloaded transaction:
    • For transactions marked New
    • For transactions marked Match
    • For transactions marked Updated
    • For transactions marked Canceled, Failed, or No Funds
  4. You can delete one or more transactions if they do not match. Select your transaction(s), then delete them using the Delete key, CTRL+D, right-click Delete Transactions, or the Delete button. You will be asked to confirm the deletion.

  5. When you've finished accepting transactions, click Done.

Can I undo accepting a transaction?

Can I accept all transactions at once?

Can I accept transactions automatically?

Can I remove transactions from the list as I accept them?

What about accepting investment transactions?

Why can't I find the Downloaded Transactions tab?

 Categorize your transactions

Categorize each transaction to get the most out of Quicken.

What about one transaction that includes several types of purchases? Or a home loan payment, where part goes to principal and part to interest? Just select Split  and enter the transaction detail.


 To assign a category to a transaction
  1. Open the account you want to use.
  2. In the register, select the Category field of the transaction you want to categorize.
  3. Enter a category name or select the drop-down arrow to select the category you want to use from a list.
    •   Tell me more about entering categories
  4. Select Save to record the transaction.
 To enter or edit a transaction with multiple categories (a split transaction)
  1. Open the account you want to use.
  2. In the register, select the transaction you want to categorize.
  3. On the transaction toolbar, select the Split icon ().
  4. In the Split Transaction dialog, enter (or edit) the category, tag (optional), and amount for each individual item on a separate line.

     What can I do here?

    As you enter a split transaction, the Transaction Total may no longer match the Split Total. Quicken displays the difference between the two amounts -- the leftover amount -- below the last split line. There are a few ways to handle this difference, depending on your situation:

    • Change the amounts in the split lines so that the Split Total is equal to the Transaction Total.
    • Select Adjust to change the Transaction Total to equal the Split Total.
    • Select Edit and choose Apply remainder to current line to absorb any remainder amount into the selected split line.
    • Select Edit and choose Allocate this line to other split lines to distribute the amount of the selected split line among all other split lines.
    • Select Allocate to distribute any leftover amount among all other split lines.
  5. As necessary, adjust the individual line amounts. (Optional)

     Tell me more

    As you enter a split transaction, the Transaction Total may no longer match the Split Total. Quicken displays the difference between the two amounts -- the leftover amount -- below the last split line. There are a few ways to handle this difference, depending on your situation:

    • Change the amounts in the split lines so that the Split Total is equal to the Transaction Total.
    • Select Adjust to change the Transaction Total to equal the Split Total.
    • Select Edit and choose Apply remainder to current line to absorb any remainder amount into the selected split line.
    • Select Edit and choose Allocate this line to other split lines to distribute the amount of the selected split line among all other split lines.
    • Select Allocate to distribute any leftover amount among all other split lines.
  6. Select OK to close the Split Transaction dialog.
  7. On the transaction toolbar, select Save to enter the transaction into the register (unless you've enabled the register preference Automatically Enter Split Data).

Notes

 Can I categorize investment transactions?
 Can I automatically assign a category based on the transaction's payee?

Yes. When you download a transaction from your financial institution, Quicken tries to automatically categorize it based on a database of payee merchant codes. If you don't download transactions or if the categories Quicken suggests don't meet your needs, you can memorize the payee and associate it with related transaction information such as a category, amount, method of payment, and so on.

 How can I remove split information from a register transaction?

To clear all split lines in a register transaction, Select the X button—to the right of Split—in the Category field. You can then assign a new category to the transaction.

 Why is the word "Form" displayed in the category field?

In some cases, Quicken uses a special form to help you enter a complex split transaction. For these transactions, the word Form indicates that the transaction has been split into multiple categories or line items. You can see an example of this with the Quicken paycheck transaction or an invoice in an invoice/receivables register (only in Quicken Home & Business).


 Explore the Home tab

The Home tab is the central hub for using Quicken. It allows you to view your key financial information at a glance on the Dashboard. You can also add one or more views that can be customized to suit your needs. Below is information about what you can find on your Home tab and tips for customization. 

You have a choice between our newer, Modern Dashboard and the Classic Dashboard.

The Modern Dashboard allows you to change the order of your financial cards such as Top Spending Categories, Top Payees, Recent Transactions, Uncategorized, Investment Top Movers, and Portfolio Value. It also offers newer interface tools and is the dashboard we will continue to update and refine going forward. 

To switch between the Modern Dashboard and the Classic Dashboard, use the gear icon at the top of the Dashboard

 Using the Classic Dashboard

To add items to the Main View or to a custom view of the Home tab

  1. Click the Home tab.
  2. On the top of the page, click the required view name.
  3. Click the Gear icon .
  4. Select Customize View.
  5. From the Available Items list, select the items to add to the selected view. (If necessary, click the plus sign next to a heading in the Available Items to display the list of items under that heading.)
  6. Click the Add button.
  7. Click Save.

To remove and rearrange items in a view

  1. Click the Home tab.
  2. On the top of the page, click the required view name.
  3. Click the Gear icon .
  4. Select Customize View.
  5. From the Available items list on the right side of the Customize View dialog, select an item to move or delete.
    • To remove the item, click the Remove button.
    • To reposition the item, click the Move Up or Move Down button until the item is in the desired position.
  6. Click Save.

To expand or collapse items in a view

You can expand or collapse the items in a view. Simply click the expand (plus) icon or collapse (minus) icon on the upper left side of the item panel.


See Where Your Money Goes

This section shows you how much of your money is being spent on each of your spending categories.

To change the date range or the accounts included in the graph, click Options in the upper right of the section.

Only spending accounts can be selected for display. For most users, their checking account is their spending account. To see which of your accounts are spending accounts, choose Tools menu > Account List > Personal Banking. The accounts listed under the Spending header are your spending accounts.

Double-clicking the pie chart, any category name, or Examine Your Spending opens the Spending tab where you can review each transaction included in the pie chart and recategorize them if they are in the wrong bucket.

Stay on Top of Monthly Bills

This section shows you how much money you have coming in and going out, so you can pay bills on time and avoid late payments and overdraft charges.

The list includes all upcoming bill reminders and scheduled income for the specified date range.

To change the time period, or to add a new reminder, click Options in the upper right of the section.

Any bill or income reminders that fall within the specified date range are displayed here.

The What's Left section displays the total amount of unallocated funds you have in your spending accounts at the end of the specified time range.

You will also see a Risk of Overdraft or a Projected Balances button, depending on your account balances. Clicking either button displays the Projected Balances graph, which shows your spending account balances over time, based on the planned spending and income you have told Quicken about.

Budget Your Spending

This section shows you how you're doing against your budget. The card displays a summary graph of your total spending for the month. If you want more detail, click on the graph to see how much you are over or under budget, or click Options in the upper right of the section to add categories to the card or go to your full budget.


Using the Modern Dashboard

The Modern Dashboard has cards that display different aspects of your finances. It is an excellent place to start each time you use Quicken.

Removing a card

To remove a card, click the three dot menu  at the top right corner of the card and select Hide Snapshot.

You can also go to the gear menu and select Customize.

You will see a list of the cards and can turn any of them off or on by clicking the display toggle.


Available Cards

The first time you come to the Home tab, if you have not added any data (set up your accounts), these cards will be blank. Select Get Started in each section to go through the setup process for that section. Once you’ve done this, the buttons go away, and you can simply use the Home tab to track your financial picture.

Top Spending Categories

The Top Spending Categories card shows what categories you are spending your money in. The default view is for the Last 30 days, but you can choose other time periods as well. You can hover your pointer over any category to see more information about your spending in that category. You can click a category to see the transactions associated with that category.

Top Payees

The Top Payees card shows you the payees that have received the most money. You can adjust the date range to get a better idea of your spending over time. You can also hover your pointer over a payee to see how much money you have sent them, and what percentage of your total spending was given to that payee. Click a payee to see a spending report for that payee.

Recent Transactions

The Recent Transactions card shows you what transactions you've made in the last three days. If you have many transactions, you can scroll through them on the card. You can also hover your pointer over a transaction to get more details about the Account and Category. You can click a transaction to see that transaction in your register.

Uncategorized

The Uncategorized card is an excellent resource that you can use to assign categories to your transactions. You can click any transaction to review it on a list of your uncategorized transactions.

Investment Top Movers 

If you are using Quicken to track investments, the Investment Top Movers card will show the investments with the highest percentage change, either up or down. It will show the information for the day of your most recent update, listing the date on the card. During trading hours, the information will reflect a fifteen-minute reporting delay. You can also choose to view top movers in all of your holdings or only in securities.


Portfolio Value

The Portfolio Value card shows the total worth of your investment holdings and tracks the change in value. You can choose from several different time periods. Turning off Y-axis at Zero will focus on the value changes rather than the total portfolio value.




How do I customize a view on the Home tab?

You can create multiple views on the Home tab; add, delete, or rearrange the components that each displays. You can add up to a total of 40 snapshots, depending on your version of Quicken—so that each contains only the Quicken data that is most important to you.

Quicken lets you create a total of 11 views to track different financial areas.

To add a custom view to the Home tab

  1. Click the Home tab.
  2. Click Add View.
  3. Enter a name for the view.
  4. Add any items that you want this view to display.
  5. Click OK.


To arrange items to the Main View or to a custom view of the Home tab

  1. Hover your pointer over the center top of an individual card. You should see a double row of dots.
  2. Drag the card to where you want it to be located. The card will replace the one currently there, and the other cards will rearrange to reflect the new order.



To navigate between views on the Home tab

  1. Click the Home tab.
  2. On the top of the page, click the required view name.

To delete a view

  1. Click the Home tab.
  2. On the top of the page, click the required view name.
  3. Click Customize.
  4. Click Delete This View.

    You can't delete the Main View unless you have created at least one other view.

 Review your spending

Use the Spending tab to see a breakdown of where your money is going. The pie chart provides a way to drill down and see the transactions in a particular category. You can also see which transactions are uncategorized, so you can easily assign them to categories.

See where your money is going

For more information

 Create a budget

Creating a budget is one of the best things you can do in Quicken, helping you to get and maintain control of your finances. Creating a budget is, essentially, creating a plan for your money. You designate the amounts you plan to spend in individual categories that represent the areas you spend your money in. You can then track how you are doing with the budget, seeing your spending in individual categories and overall. 


A slideshow presentation of the budget creation process is here.


Quicken automatically creates a budget based on your recurring expense categories. After the budget is created, you can easily add or remove categories to more precisely match your needs.

  1. Select the Planning tab. 

    If you cannot find your tabs, verify that Tabs are turned on. Go to the View menu and make sure Show Tabs is selected.

  2. Select Budgets if it is not already selected.
  3. If you've never created a budget, select Get Started. If there is an existing budget and you want to create a new budget, choose Budget Actions → Create new budget.
  4. Type a Budget name.
  5. Budgets default to the current calendar year. If you want to apply the budget to previous years, use Advanced Budget Settings

     Budget Year

    You can define a fiscal year that begins on any month of the year. When you do so, any yearly or quarterly preferences in Quicken are offset based on the first month of your fiscal year.

  6. You have the option to have Quicken select your budget categories or to select them manually. It is often easier to let Quicken select the categories because you can always change the categories once the budget is created.
  7. Click Next to create your budget.
    • The type of budget created
      Quicken creates a budget for all of your recurring personal expense categories. It does not include transfers or income categories in the budget. If you want, you can add transfers and income categories later by clicking Select Categories to Budget at the bottom of the Budget window.

    • The date range used
      Quicken creates the budget based on transactions from the previous 12 full months. If you don't have 12 months of transactions yet, Quicken creates the budget based on as few as 3 months of transactions.
    • The budgeting method used
      Quicken creates the budget based on your actual monthly expenses for prior months, and your average monthly expenses for current and future months.
    • The rounding used
      Quicken rounds each budget amount to the nearest dollar.
    • The accounts and categories used
      Quicken creates the budget based on personal expense transactions in all of your accounts except Invoice and *Sales Tax* accounts (Quicken Home & Business only).

      Quicken excludes the following categories from a budget when it is first created:

      Income categories

      Special investment and paycheck categories (usually preceded by an underscore character), such as "_401Contrib"

      The Interest Exp, Misc, and Not Sure categories

      Categories with the following tax line item assignments: Schedule A: Home mortgage interest, W-2: Federal tax withheld, W-2:Medicare tax withheld, W-2:Medicare tax withheld, W-2:Local tax withheld, W-2:Soc. Sec. tax withheld, and W-2:State tax withheld.

      After the budget has been created you can add categories and further customize it, as necessary.

  8. Work with your budget in the Budget window.


About extending your budget

The first time you view a prior year's budget in a new year, Quicken asks you if you want to extend it to the new year. Just click OK and Quicken creates a new budget for you automatically, copying all of your current budget categories and budget values to the new budget.

If you want to get an early start

If you want to create next year's budget before the start of the new year, or if you want more control over how the budget is created:

  1. Use the date control at the top of the budget window to change the year.
  2. Quicken asks you how you want to create the new budget:
    • Copy budget categories and budget values to the new budget
    • Copy budget categories and actuals as budget values to the new budget
    • Copy budget categories only to the new budget
  3. Click OK to create the new budget.