The Motley Fool Discussion Boards
Computers, Phones & Internet / Mastering Quicken
|Subject: Re: To upgrade to Q2013?||Date: 1/26/2013 10:06 PM|
|Author: 38Packard||Number: 10090 of 10656|
I was surprised by your initial post as I thought the ONLY way to pay a loan was to set up scheduled payments. Those payments are very close (not perfect) to matching my bank's way of amortizing payments and at the end of the year, I make an adjusting entry to true up the Quicken balance and the bank balance.
This takes me all of 30 seconds to execute every month and this works for me very nicely. Quicken tracks principle and interest (pretty close to the lender) also feeds tax and lifetime planning, etc. It is nicely integrated across the product.
Go ahead - give it a try. Please do NOT make this a reason to NOT upgrade. It'd be pretty painless!
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|