Quicken Reconciling Issues
Many quicken customers try to always maintain a consistency in records and go for reconciling, that of course is not a mandatory exercise recommended all the time! In many such instances, Quicken reconciling issues may develop with the individual customers who try to balance their quicken account with the current bank account details. The discrepancies, though not grave and fundamental, may develop because of multiple reasons! One such reason could be the case when the user tries to achieve the consistency through a bank record that has been downloaded as is from the bank’s systems. Adopting a manual transaction entry method could be of use for proper and fault proof reconciling!
Reconciling quicken account or Transaction
Quicken offers custom tailored personal financial management that is precise, fault tolerant and very swift. However, users often find the discrepancy when going for reconciliation in quicken! Reconciling problems could develop because of the transactions that took place during the period depicted in the bank book or it could be also due to the past transactions. Not following the manual transaction entry is also a cause. To manually reconcile a transaction, quicken has offered the following guidelines –
- Open the Account Register.
- Go to quicken Tools and choose Account List.
- Double click on the desirable account.
- Select any transaction by clicking on it.
- Then click on the Clr Column to clear the existing reconciling status.
- Follow the instruction that follow to do the reconciliation.