Managing your bills using Quicken has advantages over managing your bills at the kitchen table. Quicken bill reminders help you plan your expenses and pay your bills on time. When you create a bill reminder, you enter the details of the bill and tell Quicken when to make the next payment, the amount due, and how often to make future payments. Do this for your income, too. Quicken will then have the information it needs to accurately project your account balances.
When you add a bill, what you are really adding is a reminder to pay the bill. You also have the option of paying the bill using Quick Pay and Check Pay.
The Bills & Income tab is located on the tabs bar across the screen.
If you cannot see the Bills & Income tab go to View menu → Tabs to show and make sure it is selected.
Enter the bill payment when it's due.
When the bill payment is due, Quicken follows your instructions and either reminds you to enter a record of the payment in the register or transaction list or automatically enters the record of the payment for you.
If you enter the record of the payment yourself, you can verify or change the way you want to make the payment. You have two options:
Send the bill payment.
Regardless of whether you enter the record of the payment in Quicken yourself or you have Quicken automatically enter it for you, you still need to send the payment.
When you add a bill reminder to Quicken to remind you when a payment is due, you can enter an estimate for the payment amount. If you decide to pay another amount when the bill comes due, or if you want to make the payment from another account, you should edit the transaction before you enter it.
If you're tracking your credit card only as a bill, then making the credit card payment is the same as paying any bill in Quicken (as described above). If you're tracking your credit card in an account, you can record the credit card payment as a transfer from your checking account to the credit card account. Information is available to help you decide how to track your credit cards.