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If you've set up Quicken to download transactions from your bank or other financial institution, you might never or only rarely need to enter transactions. But if you want Quicken to help you stay on top of upcoming bills, you will want to schedule transactions.
Quicken can help you stay on top of the bills you have coming due to make sure you'll have enough money and don't forget to pay them on time. One of the primary tools to help you do this is scheduled transactions. Scheduled transactions are transactions you create for regularly occurring bills, like your electricity bill or your rent, and for regularly occurring income, like your paycheck. You create a scheduled transaction for each of these and specify when and how often it occurs. Quicken automatically creates new instances of the transactions into the future. The Stay on Top of Monthly Bills section of the Overview also displays all upcoming scheduled transactions you have due.
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- Select a scheduled transaction.
- Control-click the transaction and choose Mark as Paid or Mark as Deposited.
- You can also click Paid or Deposited in the toolbar.
- Quicken enters the transaction as paid or deposited. The Scheduled icon disappears, and Quicken creates a new transaction for the next occurrence, if necessary.
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