1 year, 4 months ago
In Quicken 2011, how do you change an asset account to a spending account - or - how do you do a item-by-item reconciliation?
I recently upgraded from MS Money to Quicken 2011. In Money, I used an Asset account to track my reimburseable business expenses. Before I submit an expenense report, I would reconcile that account as a double-check that all the numbers added up appropriately. I'd like to do the same thing in Quicken.
When Quicken imported the account, it imported my expense report account as an asset account. It appears that Quicken won't allow me to do a line-by-line reconciliation of this account (it will allow it on spending accounts, like checking and credit cards). Quicken appears to allow me to just adjust the balance on an asset account.
I tried to convert the account to a spending account so I could do the reconciliation, but that does not appear to be an option in the dialog box.
Is there a way to change the account type from asset to spending? Barring that, is there a way I can enable line by line reconciliation on this type of account?
When Quicken imported the account, it imported my expense report account as an asset account. It appears that Quicken won't allow me to do a line-by-line reconciliation of this account (it will allow it on spending accounts, like checking and credit cards). Quicken appears to allow me to just adjust the balance on an asset account.
I tried to convert the account to a spending account so I could do the reconciliation, but that does not appear to be an option in the dialog box.
Is there a way to change the account type from asset to spending? Barring that, is there a way I can enable line by line reconciliation on this type of account?
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