Can Quicken handle multiple accounts from one bank?

[Ken Gibson]

We have six accounts with one bank. When I login to the each account and
download the transactions they always go to one account. I talked with the
bank system administrator who says that other customers have had the same
problem. He looked at the downloaded files and they appear to have the
individual account information Quicken needs to distinguish between
accounts.

Any help will be appreciated!

Ken Gibson

[Michael]

On Fri 06 Jan 2006 06:06:03p, Ken Gibson wrote in
news:7K-dndb9X4V...@kans.com:

Yes Quicken does handle this fine. I heard of a similar problem that some
were having with multiple accounts at Vanguard. I believe the fix was to
have Vanguard issue new and unique account numbers per account.g

--
Mike

[Ken Gibson]

We do have unique account numbers for each account with a -00 or -90 for
checking and savings. The bank system administrator says that information is
included in the .QFX files provided by the bank. Where can we get a .QFX
file specification to see if the file provided by the bank is correct?

Thanks,

Ken Gibson

"Michael" <Mi...@hereiam.not> wrote in message
news:Xns9743C0F9FA7...@207.115.17.102...

[Margaret Wilson]

Hmmm, my credit union just began offering direct downloads to Quicken.
As I have multiple accounts (same base number with two digit extensions
as you mention with your bank), I was concerned that my accounts might
get jumbled. Fortunately everything has worked fine from day one. I do
recall when I configured Quicken for downloading, I was prompted to
match the accounts as listed by my CU to accounts in my Quicken file.
Did you get prompted for this when you configured direct download? If
not, or you did and clicked by the window without looking too closely,
this might be the problem. I don't know if deactivating & reactivating
would cause the prompt to appear, or if accounts are forever linked. I
would hope you'd see the prompt again.

Regards,

Margaret

[John Pollard]

Ken Gibson wrote:

> We do have unique account numbers for each account with a -00
> or -90
> for checking and savings. The bank system administrator says
> that
> information is included in the .QFX files provided by the
> bank. Where
> can we get a .QFX file specification to see if the file
> provided by
> the bank is correct?

The general answer to the subject you pose in this thread is:
Yes.

What version of Quicken are you using?

The OFX spec is readily available online in PDF form; just
Google for OFX (ignore the minor difference between QFX and OFX;
it is immaterial for your purposes).

You can easily see what was downloaded to Quicken by looking at
your OFXLOG after a download.

Help > Product and Customer Support > OFX Log

--
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup

[CWGilley]

I have multiple accounts at two different institutions and Q2005 did, and
now Q2006 does them all with no problems.

--

Clayton
30d 28' 51" N
92d 50' 30" W

"John Pollard" <inv...@invalid.com> wrote in message
news:smIvf.470295$084.213079@attbi_s22...

[Jay M Apple]

From 2004 document titled "Quicken Online Transactions Data Mapping Guide
Version 1.1"

". For technical information about OFX, refer to the OFX specification
(http://www.ofx.net).
Additional Quicken resources can be found on http://www.fi.intuit.com/ under
Technical Resources & Tools. "

"Ken Gibson" <ja...@carrollsweb.com> wrote in message
news:H_6dnRXQfe4...@got.net...
> <<<<<<<<<<<<<<<<<<<<< SNIP >>>>>>>>>>>>>>>>>>>>>>>

> Where can we get a .QFX
> file specification to see if the file provided by the bank is correct?
>
> Thanks,
>
> Ken Gibson
>
>

<<<<<<<<<<<<<<<<<< SNIP >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

[Alan]

i have 2 accounts at Wachovia - no issues with downloading checking accounts

alan

"Ken Gibson" <ja...@carrollsweb.com> wrote in message

news:7K-dndb9X4V...@kans.com...

[Ken Gibson]

Margaret,

I don't recall getting a prompt asking to match the accounts. I do login to
each account with a different ID. I thought this might be the way Quicken
was able to distinguish between accounts. I probably need to examine the
downloaded files to verify they comply with the QFX (OFX) format. I will
also investigate the prompt for matching accounts.

Thanks for the information!

Ken Gibson

"Margaret Wilson" <twok...@nospam.gmail.com.invalid> wrote in message
news:NoqdnVhiUcBZtyLe...@comcast.com...

[Ken Gibson]

John,

I have version 2006. I will check the OFX log to see if the file is correct.

Thanks for your help!

Ken Gibson

"John Pollard" <inv...@invalid.com> wrote in message
news:smIvf.470295$084.213079@attbi_s22...

[John Pollard]

Ken Gibson wrote:
> Margaret,
>
> I don't recall getting a prompt asking to match the accounts.
> I do
> login to each account with a different ID. I thought this
> might be
> the way Quicken was able to distinguish between accounts. I
> probably
> need to examine the downloaded files to verify they comply
> with the
> QFX (OFX) format. I will also investigate the prompt for
> matching
> accounts.

If you download multiple accounts from the same institution,
Quicken should prompt you to match the downloaded accounts with
the correct Quicken accounts the first time you download. To
give yourself another opportunity, Margaret is right, deActivate
the accounts for transaction download. For web-connect
downloads, do *not* reActivate those accounts, they will be
Activated during the download/match process by Quicken.

[Michael]

On Sat 07 Jan 2006 02:15:54p, Ken Gibson wrote in
news:Q7KdnTGfo5M...@got.net:

> Margaret,
>
> I don't recall getting a prompt asking to match the accounts. I do
> login to each account with a different ID. I thought this might be the
> way Quicken was able to distinguish between accounts. I probably need
> to examine the downloaded files to verify they comply with the QFX
> (OFX) format. I will also investigate the prompt for matching
> accounts.
>
> Thanks for the information!
>
> Ken Gibson

If you didn't get that prompt, there most likely lies your problem.

I know that Quicken does not use login IDs to distinquish unique accounts
as I have multiple accounts using the same id and also other accounts at
the same FI using yet a 2nd or 3rd ID... and in most cases I download
some into one Quicken fileset and others into a second Quicken fileset
and Quicken keeps them all straight. If I download from just one FI with
multiple accounts it will download all accounts that belong to that
Quicken fileset (including all logon IDs... but not the ones
belonging/defined to the other Quicken fileset).

--
Mike

[Ken Gibson]

John,

I was unable to "deActivate" the account so I deleted it and and went
through account activation process again. Quicken did not give me the
opportunity to match it with an existing account. Again the transactions
came up under the first account I setup with that credit union. If I
accept these transactions my original account will be messed up. Do I just
not accept them. I hate to delete the first account and start over.

I checked the QFX (OFX) file and it has the correct user id (account) number
and prefix for savings and checking. It seems Quicken could check these
numbers and create a new account or give an error message instead of
attributing them to another existing account.

Thanks for your help,

Ken Gibson

"John Pollard" <inv...@invalid.com> wrote in message

news:26Wvf.712901$xm3.429216@attbi_s21...

[Ken Gibson]

Jay,

Thanks for this information.

I downloaded the ofx document zip file but it said the file is corrupt.

I looked at the .ofx file with notebook and the account number and prefix
are correct. I don't understand why Quicken can't check these number and
attribute them to the correct account or create a new account. Quicken
should give an error message if the file can't be interpreted correctly.

Thanks,

Ken Gibson

"Jay M Apple" <nos...@example.invalid> wrote in message
news:mfCdndYsBpO...@comcast.com...

[John Pollard]

Ken Gibson wrote:
> John,
>
> I was unable to "deActivate" the account so I deleted it and
> and went
> through account activation process again.

Why were you unable to deactivate; do you have unprocessed
downloaded transactions? Process them (delete them if they do
not belong). Then deactivate the account. And make sure that
every account that should match a real-world account is
deactivated before you download.

> Quicken did not give me the
> opportunity to match it with an existing account. Again the
> transactions came up under the first account I setup with that
> credit
> union. If I accept these transactions my original account
> will be
> messed up. Do I just not accept them. I hate to delete the
> first
> account and start over.

See above.

> I checked the QFX (OFX) file and it has the correct user id
> (account)
> number and prefix for savings and checking.

> It seems Quicken could
> check these numbers and create a new account or give an error
> message
> instead of attributing them to another existing account.

Quicken does check those numbers and it sometimes even suggests
the correct account. But since you do not need to have the
account number in your Quicken account before this process
starts (and probably for other reasons), Quicken can not
guarantee to always make the correct choice on its own. It is a
trivial matter for a user to tell Quicken which downloaded
accounts go with which Quicken accounts one time.

As I, and others, have suggested; if Quicken doesn't ask the
question, then something is wrong. There are a lot of users
successfully downloading multiple accounts from the same
institution, so we know it works.

Also please post the name of this fi; perhaps others are using
the same fi and can give insights.

[Margaret Wilson]

Interesting that you have multiple logons. At my credit union, I log in
using my base account number and a single password, which gives me
access to all the subaccounts on one web page. When I configured my
corresponding Quicken accounts for direct download, I was instructed to
use my base account number and existing password. This made me a little
concerned that my accounts would get jumbled on download. But no, I
received a prompt for me to match the CU accounts to corresponding
Quicken accounts. Incidentally, when I set this up, I just activated my
checking account, because that's the one I was most concerned with. But
Quicken picked up that there were two other accounts, a money market and
a base savings account that doesn't get used. So I elected to match &
activate just checking and money market, leaving the unused account
alone. Don't know what will happen if I ever decide to use that account
and want to activate downloads. ... But it pays so little interest, it
will probably never happen. :-)

Hope this helps,

Margaret

[Ken Gibson]

John,

I deleted all the transactions and clicked done. The transactions remain in
the summary and will not go away. I even quit Quicken and started it up
again. Quicken will not alow the account to be deactivated because it
thinks there are still some transactions to be accepted.

I appreciate you patience and help,

Ken Gibson

"John Pollard" <inv...@invalid.com> wrote in message

news:mEXvf.713017$xm3.171946@attbi_s21...

[ggitc...@gmail.com]

No. Quicken will confuse the accounts and you will constantly have to reset one then reset the other. It might work with a separate login for each account, but that seems crazy for software that has been around since rocks were used as exchange.O

[danbrown]

On Tuesday, September 5, 2017 at 8:25:10 PM UTC-5, ggitc...@gmail.com wrote:
> No. Quicken will confuse the accounts and you will constantly have to reset one then reset the other. It might work with a separate login for each account, but that seems crazy for software that has been around since rocks were used as exchange.O
>

HUH, are you really replying to a message that 11+ years old???

AND,I've got 7 accounts at Fidelity Investments (5 under my ID, 2 under wife's)m, 3 at Chase (2 & 1) and 4 at US Bank (3 & 1) ... and Q has NO PROBLEM WHATSOEVER keeping them separate.

SO, your reply is not only really late ... it's plain wrong!!!

[Andrew]

Indeed! That's why Q has BOTH a "Financial Institution" and an "Account
Number" field on the set up panels.

re/"SO, your reply is not only really late ... it's plain
wrong!!!"...you were a lot more charitable that I would have been in
replying to this!

--
-------------------------------------------------------------
Regards -

- Andrew

[Arthur Conan Doyle]

I'm very confused. I have three USAA accounts and there's no problem with having
the correct transactions going into the right account. The download only runs
once per FI, regardless of how many accounts.

[danbrown]

On Wednesday, September 6, 2017 at 8:19:25 PM UTC-5, Arthur Conan Doyle wrote:
> ggitc...@gmail.com wrote:
>
> >No. Quicken will confuse the accounts and you will constantly have to reset one then reset the other. It might work with a separate login for each account, but that seems crazy for software that has been around since rocks were used as exchange.O
> >
>

> I'm very confused. I have three USAA accounts and there's no problem with having
> the correct transactions going into the right account. The download only runs
> once per FI, regardless of how many accounts.

Arthur, there's nothing to be confused about. ggitchel12 is just plain wrong. Ignore what he wrote.

[nob...@nada.com]

I have 2 checking accounts at the same bank, and have for going on 20
years.

[fireh...@gmail.com]

He is not wrong... I have been having this issue and constant resets since I decided to add a separate checking account for my son at college. One downloads the other faults and needs to be reset. Have stopped using quicken for secondary account and just manage it on the banks site. Each account is set up with a unique account number.

[Arnie Goetchius]

I have 5 accounts with one bank, 3 checking and 2 saving. I also have 6 accounts with a broker. They
all download with OSU with no problem. Have been doing that for many, many years.

[Sharx35]

5 accounts at one bank? Sounds like a LOT of service charges.

[Arnie Goetchius]

Service charges are zero because I meet their minimum requrements

[Arthur Conan Doyle]

Arnie Goetchius <arnie.g...@invalid.domain> wrote:

>I have 5 accounts with one bank, 3 checking and 2 saving. I also have 6 accounts with a broker. They
>all download with OSU with no problem. Have been doing that for many, many years.

I suspect the linkage between OSU and the actual Quicken account is corrupt. I'd
disconnect all the accounts, then relink them.

[mdwhe...@gmail.com]

Well, I'm using Quicken Home & Business 2018 (Windows) and have 3 business accounts at Wells Fargo which, as in the 11 year old message, I have to reset each account when I need to download transactions - It recognizes only the last account that I reset.

[mdwhe...@gmail.com]

On Wednesday, September 6, 2017 at 9:25:09 PM UTC-4, danbrown wrote:

No, he is not wrong. I have the same issue with Wells Fargo Bank. I'm using the recent version of Quicken Home & Business.

[danbrown]

This is a WELLS FARGO issue ... not a Quicken issue. I've already demonstrated that you can have multiple accounts, tracked in Q, at a single bank/card/etc. In addition to what I wrote above, I've also got 2 separate card accounts at Chase.

Claims that Q can only handle 1 account per bank are JUST PLAIN WRONG, and intentionally, wrong.

[Ken Blake]

On Thu, 11 Oct 2018 12:43:35 -0700 (PDT), danbrown <db3...@yahoo.com>
wrote:

I don't know whether it's intentionally wrong, but I'll my voice to
yours saying it's wrong. I've had two BA accounts in Quicken for
years. It works fine.

[Arthur Conan Doyle]

mdwhe...@gmail.com wrote:

>Well, I'm using Quicken Home & Business 2018 (Windows) and have 3 business accounts at Wells Fargo which, as in the 11 year old message,
>I have to reset each account when I need to download transactions - It recognizes only the last account that I reset.

I think you have something setup incorrectly. Perhaps you entered the same
account number for each account? I have multiple USAA, Fidelity and Citi
accounts. All are downloaded correctly into their respective Quicken account at
the same time. Note that it is important to map the accounts correctly when
setting up the online connection in Quicken.

[Arnie Goetchius]

I have had multiply accounts with WF for many years with no problems.

[Porter Smith]

Arnie Goetchius <arnie.g...@invalid.domain> wrote in
news:ppvk38$mer$1...@dont-email.me:

Is there some confusion about the meaning of "account". It is well
established that Q will support multiple accounts for a single customer
at a financial institution. (I have 4 accounts at WF, 4 at Fidelity, 2 at
BoA). But for each institution, I have only one set of customer
credentials (userid/password.)

Does Q support 2 or more different userIds at a single institution? I
don't think, but I may be wrong.

[Arnie Goetchius]

I think you are right about the definition of "Accounts". It looks like there is one LOGIN "account"
acceptable to WF" and Quicken. Once you login, you can set up any number of accounts which Quicken
will recognize as being separate accounts.

[Sherlock]

Quicken does support 2 or more different userids at a single
institution. (I use 2 userids at 4 Direct Connect and 2 Web Connect
institutions.)

[danbrown]

The accounts that I track at US Bank include 2 in my name (previously 3) and 1 in my wife's name. Different Login ID's at the bank.

The accounts that I track at Fidelity Investments include 3 in my name (previously 5) and 2 in my wife's name. Different Login ID's.

Q can DEFINITELY handle both multiple accounts and mutiply Login ID's at the same bank/card/brokerage/etc.

Any statement to the contrary is simply WRONG!