Add a cash account for Merchant Account Services
If you use Merchant Account Services to receive customer payments by credit card, you'll want to add a cash account to record the money your customer pays you on the same day you receive it. That way, when your bank deposits the payment amount a few days later, you'll be able to match up the record of the payment with the actual payment.
- At the bottom of the Account Bar, click Add an Account.
- Click Cash. Click Help for more information.
- When Quicken asks for the Account Name/Nickname, enter a meaningful name, such as Undeposited Funds.
- When you get to the starting date and opening balance dialog, enter today's date and the opening balance if there is one. If there is no current balance, enter zero.