How to Enter a Check in the Quicken 2010 Register - dummies

How to Enter a Check in the Quicken 2010 Register

By Stephen L. Nelson

Entering a check in the Quicken register is a simple matter of describing to whom you wrote the check and how much you paid. Quicken offers a quick and easy way to record checks that you pay and keep your electronic check book up to date.

1Expand the Banking section of the Account Bar that appears on the left, and then choose your bank account in the sub-list that appears.

The Checking window opens to the right of the Account Bar.

2Click the Transactions button in the Checking window.

If your Quicken screen doesn’t match the following figure, choose View, and then Standard Menus (recommended).

The Transactions tab looks and works like a check register.

3In the Date field of the next empty row of the register, type the date by using the MM/DD format.

To enter August 31, 2010, for example, type 8/31. You usually don’t have to type the year because Quicken retrieves the current year number from the little clock inside your computer.

4Click in the Num field and type the check number.

Alternatively, move the cursor to the Num field and then, when Quicken displays a list box of entries, select Next Check Number. Quicken then fills in the number with its guess as to the new check number — one more than the previous check number you entered.

5In the Payee field, type the name of the person or business you’re paying.

If the cable company’s name is Movies Galore, for example, type Movies Galore. (In the future, you can probably select payee names in the Payee list box.)

6Enter the check amount in the Payment field.

You don’t have to type the dollar sign, but you do need to type the period to indicate the decimal place and cents.

7In the Category drop-down list, select a category from your category list.

Or, if you’re the independent type, just type the name yourself. If you go with the typing approach and you’re not a superfast typist, Quicken can probably guess which category you’re entering and use QuickFill to complete the category name.

8(Optional) Enter a tag in the Category field.

For example, suppose that you’re using tags to segregate expenses by house because you have your principal residence and a cabin in the mountains. You record utilities expenses for your principal residence by entering Utilities/Principal in the Category field.

9(Optional) If you’re using the Two-Line Display mode, in the Memo field, describe the specific reason that you’re paying the check. Press Ctrl-2 to toggle between One-Line and Two-Line display mode.

You may identify the cable payment as the June payment, for example.

10Click the Enter button that appears in the transaction’s row of the register.

This option tells Quicken that you want to record the transaction into your register. Quicken beeps in acknowledgment, calculates the new account balance, and moves the cursor to the next slot, or row, in the register. You won’t hear a beep if you’ve turned off the Turn on Quicken Sounds option in the Setup section of the Quicken Preferences window, which is available on the Edit menu.