Adding Accounts To Quicken

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Windows
Mac
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Overview

You can add an account in Quicken to track almost any account, asset, or liability you have in the real world. The more you include, the more closely Quicken reflects your true financial situation.

Before you begin

  • If you prefer to add accounts that you manually enter transactions into (not connected to a bank), you can find steps for that here
  • If you are experiencing connectivity issues while trying to add accounts, click here.
  • If attempting to add an account results in an "Unknown Type," click here.

Instructions

You can add the following types of accounts and features to Quicken.  Some account types are not available in all versions of Quicken. To view which account types are supported in your Quicken product, see this Comparison Chart

In most cases, you'll want to add all your accounts in the same Quicken data file, so that you can track your overall financial situation. You can add up to 512 accounts per account type.

Click the appropriate link to match your real-world account type to a Quicken account type:

Spending & Savings (such as checking, savings, etc.)

Add checking, savings, credit card, and cash accounts to:

  • Track income and expenses
  • See where your money really goes
  • Keep more accurate records
  • Balance your checkbook easily
  • Save time with your banking and bill-paying chores
  • Download transactions from your financial institution
  • Receive bills online
  • Make online payments

To add these accounts:

  1. At the top of the Account Bar, click the + (plus sign) button. In Quicken 2016, click Add an Account at the bottom of the Account Bar.
  2. Click a Spending & Saving account type, such as Checking, Savings, or Credit Card.
  3. Follow the on-screen instructions. Click Help for more information.

Investing & Retirement

Add brokerage, IRA or Keogh, 401(k), 529, and other investment accounts to:

  • Track all your investments in one place, across many different brokerages, institutions, and administrators
  • Analyze your holdings
  • Monitor your performance
  • Maximize your after-tax yield
  • Create and monitor a personalized asset allocation target
  • Balance your portfolio
  • Track employee stock options and stock purchase plans
  • Download transactions from your brokerage or financial institution

To add these accounts:

  1. At the top of the Account Bar, click the + (plus sign) button. In Quicken 2016, click Add an Account at the bottom of the Account Bar.
  2. Click an Investing & Retirement account type, such as Brokerage, 401(k)/403(b), IRA, or 529 Plan.
  3. Follow the on-screen instructions. Click Help for more information.

For 529 Accounts: Your other option is to manually add your 529 plan to Quicken with the basic procedure for adding an investment account. When you manually add a 529 plan to Quicken, Quicken automatically marks the account as tax-deferred for you.

How do I add a single mutual fund account?

How do I add an employee stock option grant?

How do I add an account to track employee stock purchase plan (ESPP) shares?

How do I add a linked checking account to an existing investment account?

 

Property, Assets, Loans, & Debt

Add house, vehicle, asset, and loan accounts to:

  • Have a complete picture of your net worth by tracking house, vehicles, and loans
  • Track loan balances and payment schedules
  • Track loan interest

Important: If you have an existing, manual loan account that isn't downloading from your financial institution, there is not a way to connect that existing account to your financial institution.  You will need to add that loan into Quicken again as a connected account. 

When you add a new account, Quicken adds it to the Account List (choose Tools menu > Account List). 

  1. At the top of the Account Bar, click the + (plus sign) button. In Quicken 2016, click Add an Account at the bottom of the Account Bar.
  2. Select the type of Asset or Loan account you want to add.
  3. During the setup process you'll be asked a few questions. Answer the questions and follow the on-screen instructions.

Note: To add a Line of Credit, you will select Credit Card as the account type. At the bottom of the Add Credit Card dialog, click Advanced Setup. Click I want to enter my transactions manually. Enter a meaningful name for the account, such as Line of Credit then enter today's date, and today's balance.

Business Accounting

This feature requires Quicken Home & Business or Rental Property Manager. Add business accounts to:

  • Track accounts receivable (customer invoices)
  • Track accounts payables (bills from vendors)
  • Create a balance sheet
  • Create a profit and loss (P&L) statement
  • Communicate more effectively with customers, partners, and lenders

To add business accounts:

  1. Click the Business tab.
  2. Click the Business Actions button, then choose Business Accounts > Add Account.
  3. Select the type of account you want to add (you can select Accounts Payable/Receivable, Spending & Savings, Assets, or Loans)
  4. Follow the on-screen instructions. Click Help for more information.

Note: After adding a new invoices/receivables account, you can enter any previously issued but unpaid invoices that you want to track. When you create the invoice, just remember to predate it.

Rental Property

 Add rental property accounts to:

  • Track rent receivable
  • Track net worth of the rental property
  • Track loan against the rental property
  • Track security deposit liability
  • Create a balance sheet
  • Create a profit and loss (P&L) statement

Add a Rental Property in Quicken Rental Property Manager

 
 

For help with adding accounts in Quicken for Mac, click here.

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