How do I combine my 2 accounts together?
JS
couldn't find a solution.
I've got Quicken 2005 Premier H&B and I am trying to figure out how to combine
two accounts together.
Under Cash Flow Center I have one account called Checking Account which
contains all the checks I've written as well as all my cash including banking
interest
Under Investing Center I have an account called Stocks which contains my
stocks, mutual funds, and dividend payments (cash)
In reality these two accounts I have created are held by the same
institution. Furthermore, they are actually the same Wachovia account. I made
the mistake creating two separate Quicken accounts years ago.
I'd like to be able to combine the Checking Account and Stocks accounts into
one account called Wachovia Holdings.
How do I do this? BTW, I'm currently not using any of Quicken's online
services due to concerns over privacy regarding my financial data. Can this be
done offline?
Thanks.
JS
Laura
news:%hWmi.11766$bz7....@newssvr22.news.prodigy.net...
Do you get 1 wachovia statement or 2? How do you reconcile the account(s)
currently if they are 1 account?
JS
inv...@sample.invalid says...
Laura, thanks for the reply. There is only one physical investment account for
my assets so I only get one statement but years ago I made the mistake of
representing this single account as 2 accounts in Quicken - one for checking &
the other for stocks. I shouldn't have done this but at the time I thought it
would be easier to track cash & stocks separately. Now I've come to regret the
decision. So, now I've got this Quicken checking account with years of
individual checks I've written including interest on the cash and I've got
another Quicken account with my stocks and more cash from the dividends. But
yes,they are actually the same physical account at my investment company.
I'd like to be able to have one Quicken accout which contains my checking,
cash, and stocks. Sorry for the long explanation. Any help will be
appreciated. Thanks.
Jim Jensen
Here are the instructions to add a linked checking account. To undo,
select No in step 4. These instructions are from Q 2007, but it's
probably similar for 2005.
_______________________________
Add a linked checking account to an existing investment account
1. Choose Tools menu > Accounts List.
2. Select the investment account to which you'd like to add a linked
checking account, and then click Edit. Quicken opens the Account Details
window.
3. If necessary, click the General Information tab.
4. For the Show cash in a checking account option, select Yes.
5. Quicken prompts you to back up your data file. After the backup is
completed, Quicken creates the linked checking account with the same
name as your investment account, plus the suffix Cash.
6. Click OK to close the Account Details dialog and save your changes.
7. Quicken converts all transactions in the investment account to their
transfer equivalents. For example, Buy transactions are converted to
BuyX transactions, Sell transactions are converted to SellX
transactions, and so on.
Notes
Add a linked checking account if both these conditions apply:
a.. Your brokerage account includes check-writing privileges
b.. You plan to use scheduled transactions or recurring online
payments
JS
says...
checking account as the linked account or will I have to transfer all of my
existing checking account info to a newly created one.
John Pollard
> I'm curious to see if I can use my
> existing checking account as the linked account or will I have
> to
> transfer all of my existing checking account info to a newly
> created
> one.
You can not link a Quicken investment account to an existing
Quicken checking account; Quicken will create a new checking
account when you initiate the linking process.
--
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup
JS
Thanks for the info. Guess I'm out of luck for now anyway.
John Pollard
> In article <xC1oi.33505$Fc.11402@attbi_s21>,
> inv...@invalid.com
> says...
>>
>> JS wrote:
>>> I'm curious to see if I can use my
>>> existing checking account as the linked account or will I
>>> have
>>> to
>>> transfer all of my existing checking account info to a newly
>>> created
>>> one.
>>
>> You can not link a Quicken investment account to an existing
>> Quicken checking account; Quicken will create a new checking
>> account when you initiate the linking process.
> Thanks for the info. Guess I'm out of luck for now anyway.
Try this: create your new linked account; copy/paste the
transactions from your old checking account to the new linked
account; delete the old checking account.
It may not be quite that simple; if it will work at all, it may
take some fiddling around (transfers may present a problem, for
example ... reconciled transactions may get deleted from
accounts not directly involved), but it is easy to do and test.
Make sure you have a reliable backup first; and don't mix in any
other tasks not related to this project until it is complete and
successful, or until you have decided it won't work and have
restored your backup.
JS
willnotw...@hotmail.com says...
AKL
I need to merge accounts that I have duplicated when downloading from my
bank--how can I add the old data into the new online accounts?
--
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