Setting up Asset or Liability Accounts in Quicken for Mac
Assets are things you own that have monetary value, like your home or your car. Tracking their value in Quicken lets the program give you a full picture of your total net worth.
Liability accounts let you track the value of liabilities like car or home lians. When you track these in Quicken, their value gets rolled up into your net worth calculation, giving you a complete picture of your total net worth.
Which do you want to do? Choose one:
Set up an asset account
To set up an asset account
Set up a liability account
To set up a liability account