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On the other hand, Quicken tools cater for account balances, loans and other personal financial life issues. The former has tools that cater inventory, invoicing, payroll, accounts receivable and payable management and bank account tracking. QuickBooks is best for small businesses and thus is more complex than Quicken, which is useful to families and individuals. However, they are different because of their features.

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Quicken and QuickBooks are both financial accounting software produced by the same company, Intuit Inc.

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How to Convert from Quicken to Quickbooks The step to step tutorial will ensure that you do not lose valuable Quicken data during the transitioning. These details are helpful to small business owners like you, who wish that their data should no longer be in Quicken but in QuickBooks. This article contains details about the conversion of Quicken data to QuickBooks.

Matched transactions are represented by the icon. If Quicken fails to recognize that a downloaded transaction matches a scheduled transaction, you can match them manually by dragging and dropping one onto the other. When Quicken downloads a transaction from your bank account that consists of a payment to your electricity company that took place around the beginning of the month with the same amount as the scheduled transaction, it automatically marks the scheduled transaction for your electricity bill for that month as paid. Then later you pay that bill at your bank's website. You scheduled it to be paid on the first Friday of every month.

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Scheduled Transactions are marked as paid automatically when you download a transaction from your bank that matches a scheduled transaction in your register.ДЇor example, suppose you have a scheduled transaction for your electricity bill. Automatic Matching of Scheduled Transactions If Quicken fails to recognize that a downloaded transaction matches a manually entered transaction, you can match them manually by dragging and dropping one onto the other. Any manually entered payee name, category, memos, or tags will be retained.

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When Quicken downloads from your bank account a transaction that matches the date and amount of a manually entered transaction, the downloaded transaction will match the manual transaction, resulting in only one transaction in your account register. You can manually enter transactions even in your accounts that are set up for automatic download. Match downloaded transactions Automatic Matching of Manually Entered Transactions Learn more about the transaction download status icons displayed in your account register.

Set the Status filter in your register's filter bar to Not Reviewed to see downloaded transactions that you have not yet reviewed.

Set the Status filter in your register's filter bar to Last Downloaded to see only transactions that were downloaded during the last update.

The Status column in the register allows you to identify recently entered and Bill Pay transactions. In that case, when you open your checking account in Quicken and click Update, Quicken only downloads data for your checking account and not your spouse's. For example, suppose both you and your spouse have checking accounts at Acme Bank, and you are tracking both of those accounts in Quicken, but you use different user names and passwords to access your accounts.

This only happens for accounts under the same user name.

If you open your checking account in Quicken and click Update, Quicken downloads your transactions for both the checking and the savings account. For example, suppose you have both a checking account and a savings account at Acme Bank, and you access both accounts with the same user name and password.

In addition to updating the selected account, Quicken updates any other accounts you have at the same institution under the same user name.

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From the Quicken menu, click Accounts > Update Selected Online Account.

Select the account you want to update in the sidebar.

Download transactions for a single account

You can also choose Accounts > Update All Online Accounts from the Quicken menu.

You can see when the accounts were last updated immediately below the update button.

Update Online Accounts: Click the Update Accounts icon at the top of the sidebar.

Download transactions for all accounts at once To set up your online accounts, see Setting up accounts. Instead of entering each transaction manually, you can set up your accounts for automatic download directly into Quicken. Downloading your data is the most convenient way to get your transactions and other account information from your bank, credit card company, and other financial institutions into Quicken.

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