Quicken 2010 For Dummies by Stephen L. Nelson

By Stephen L. Nelson

Up to now i've got came across Quicken X for Dummies very invaluable. The Quicken X software program is one other tale. till this software program is resolved i'll be not able to completely utilize Quicken X for Dummies.

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Further, if you’ve got an older version of Microsoft Money you want to convert data from, you can download a program called Data Converter from the Quicken support Web site. Data Converter converts Microsoft Money data files from Microsoft Money 2003 and later versions to the Quicken 2004, 2005, 2006, 2007, and 2008 file format. Quicken 2010 should easily then convert one of these old-format Quicken files to the Quicken 2010 file format. So, theoretically, you can move old Microsoft Money data files to Quicken.

Chapter 2: Introduction to the Big Picture Use the number keys to enter the balance. The folks at Intuit, by the way, really want you to use the balance from your bank statement. If you have terrible financial records — for example, you haven’t reconciled your account since Bill Clinton left office — this idea is probably good advice. If you have neat, accurate financial records, go ahead and use your check register balance. If you do use the bank statement balance as your starting balance, be sure to enter all the transactions that cleared or will clear after the bank statement balance date.

Want to Play Tag? Using categories isn’t the only way that you can summarize your financial records. Quicken provides a second tool, called tags, which lets you summarize transactions in addition to the way you summarize transactions with categories. ) Now, typically, tags are not something you need to worry about — especially if you’re just using Quicken to regain control over your personal finances. However, tags can be very useful if you’re using Quicken in a business or if you’re investing in rental real estate.

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