How to Set Up Quicken 2010 on Your Computer - dummies

How to Set Up Quicken 2010 on Your Computer

By Stephen L. Nelson

After you install Quicken on your computer, you need to start it to finish the setup process. If you told the installation program to launch Quicken 2010, the Quicken program window should appear automatically on your screen after you finish the installation process. If you didn’t tell the installation program to launch Quicken, you need to start Quicken.

1If Quicken doesn't automatically start, double-click the Quicken shortcut icon that appears on your Windows desktop.

The Quicken program window appears, almost like magic. Quicken might ask whether it can download program updates over the Internet. You can just agreeif it asks you this question.

2Make the appropriate selection for where to find or create the data file you want to use.

If you’ve used a previous version of Quicken, you can open the found data file. If you’re a new user, specify where you want the data file to be created. The first time you start Quicken 2010, the program shows a Home page that includes a big Get Started button in (roughly) the middle of the screen.

3Click the Get Started button.

The See Where Your Money Goes window opens.

4Identify the financial institution — usually a bank — by typing your institution’s name in the text box provided.

While you type, Quicken displays a list of financial institutions that match what you’ve typed so far. The more you type, the shorter the list of possible matching institutions. If you see your bank or whatever listed, select it.

5Click the Next button.

Quicken displays the next See Where Your Money Goes window, which simply enough asks whether you want to download transactions and account balance information directly from your bank’s Web site.

6If you want to maintain your account manually, click the No I Don’t Have a User Name and Password option, and then click Next.

The next window appears.

7Select the Continue I’ll Enter My Transactions Manually option button and click Next.

Quicken may not get into this online banking stuff if it can tell that your bank doesn’t support online banking.

8In the window that appears, type a name in the Account Name/Nickname text box.

As far as the account name goes, you can be as general or as specific as you want.

9If given the choice, click one of the option buttons that appears below the Account Name/Nickname text box to indicate how you plan to use the bank account.

You can specify whether you’re using the bank account primarily for business finances, personal finances, and so on.

10Click the Next button.

The next window appears.

11Enter the ending bank statement date in the Statement Ending Date text box.

Enter the date in MM/DD/YYYY or MM/DD/YY fashion.

12Enter the ending bank statement balance in the Statement Ending Balance text box.

This balance is whatever appears on your bank statement. This balance is also the amount of money in your account on the date you begin your financial record keeping.

13Click the Next button to continue moving through the Account Setup.

Ultimately, a window appears that provides buttons you can click to start using Quicken and to add additional bank accounts and even credit card accounts.