How to Split a Check in Quicken 2010 - dummies

How to Split a Check in Quicken 2010

By Stephen L. Nelson

If you use one check to pay for two types of items — for example, a Groceries expense and an Auto expense — you use a split category in Quicken to record that check. When you’re ready to categorize the check, open Quicken to your check register.

1Click the Split button.

Quicken displays the Split Transaction window.

2Select the first category name from the first Category field's drop-down list.

Activate the drop-down list by pressing Alt+S or by clicking the down arrow.

3(Optional) Type a tag for the first categorized portion of the check in the Tag field.

If you’re using tags to further classify your spending, enter the appropriate tag.

4(Optional) In the first Memo field, enter a memo description for the first categorized portion of the check.

You can type whatever you want.

5In the first Amount field, enter the amount spent for the first category.

If the first category is Groceries and you spent $10 on this, type 10.

6Repeat Steps 2 to 5 for each spending category.

A split transaction can have up to 30 pieces. Use the scroll bar and PgUp and PgDn keys to scroll through the list of split amounts.

7Verify that the Split Transaction window shows no uncategorized spending.

If you find extra spending, which shows up as the Remainder amount, either add the category you need or delete the split transaction line that’s uncategorized.

8Click OK.

Quicken closes the Split Transaction window. If you didn’t enter an amount in the Payment column of the register before opening the Split Transaction window, Quicken displays a dialog box that asks whether the transaction is a payment or a deposit.

9If the dialog box appears, select an option button to make your choice known.

The Category field includes –Split– to show that you’ve split a transaction among categories or tags.

10Click the Enter button.

Quicken records the transaction in your register.