asp.net barcode reader control Completing the Account Setup Manually in Software

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Completing the Account Setup Manually
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If the account is not held at a financial institution that supports Quicken s Transaction Download feature, or if you indicated that you want to set up the account manually, Quicken prompts you to enter a name for the account. Enter a descriptive name in the Account Name/Nickname box and click Next. As shown in the illustration on the next page, Quicken prompts you to enter your account ending statement date and balance. For checking, savings, and credit card accounts, you have three options:
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Enter the ending statement date and balance from your most recent account statement. This is the quickest, most accurate way to create an account. The statement date becomes your account s start date, and you will enter only those transactions that were made after that date or that did not clear that statement. Enter the ending statement date and balance from an earlier account statement. This is also an accurate way to create the account, but it will require that you play catch up to enter more transactions into Quicken. (If you use Transaction Download, however, you may be able to have several
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5 / Recording Bank and Credit Card Transactions
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months worth of data entered automatically for you; I explain how in 6.) Enter today s date and 0 in the dialog. This is fast, but it certainly isn t accurate. You ll eventually have to either adjust the beginning balance for the account or use the reconciliation feature to create an adjusting entry after your first reconciliation.
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For a cash account, unless you plan to enter transactions you made before you created the account, you ll probably use today s date and the contents of your wallet or pocket as the starting balance information. If you are creating a credit card account, click the Next button. Quicken prompts you to enter your credit limit. If the account has one most do enter it. Quicken confirms that the account setup is complete. Click the Done button.
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Tips for Creating Banking Accounts
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Here are a few additional things to keep in mind when creating accounts for the Banking tab:
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Give each account a name that clearly identifies it. For example, if you have two checking accounts, don t name them Checking 1 and Checking 2. Instead, include the bank name (such as USA Bank Checking ) or account purpose (such as Joint Checking ) in the account name. This prevents you from accidentally entering a transaction in the wrong account register.
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If you create a bank or credit card account with a balance date and amount from a bank statement the recommended way be careful not to enter transactions that already appear on that statement or in previous statements. Entering your credit limit for a credit card account enables Quicken to alert you when you get close to (or exceed) your limit. If a credit card account doesn t have a credit limit for example, an American Express card you may want to enter your own personal spending limit. This makes it possible to take advantage of Quicken s alerts feature to prevent overspending in that account. I tell you about alerts in 9. Using a cash account to track every penny you spend, from the cup of coffee you buy at work in the morning to the quart of milk you pick up on your way home that evening, isn t for everyone. You may prefer to track only large cash inflows or outflows and record the rest as miscellaneous expenses.
Entering Transactions
To make the most of Quicken, you must enter transactions for the accounts you want to track. You can do this manually, as discussed in this chapter, or, if the account is enabled for online account services, you can track your account activity automatically via download, as discussed in 6. Either way, you ll need to know how to enter transactions for banking accounts. You can enter transactions in several ways, based on the type of transaction:
Use registers to record virtually any type of transaction, including manual checks, bank account payments and deposits, credit card charges and payments, and cash receipts and spending. Use the Write Checks window to record checks to be printed by Quicken. Enter transfers to transfer money from one account to another.
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