November 2005
Beginner
428 pages
10h 2m
English
Content preview from Quicken 2006 for Starters: The Missing ManualBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 7. Reconciling Accounts
Admit it: Your least favorite part of having a checking account is the monthly struggle to get your handwritten register to agree with the bank’s balance. No matter how careful you are to record every check, debit card withdrawal, and ATM fee, the numbers never seem to match. Tracking down the error is an exercise in frustration—did the bank make an error? Or do you have to redo your math yet again?
Every step of the way, Quicken takes the agony out of reconciliation. First of all, it does the math for you, error-free. If you download transactions from the Web, you may even be able to reconcile with a single click, since your register and the bank’s will always agree on which checks have cleared. And if you do transpose numbers or forget to record an ATM withdrawal, Quicken has tools to help you isolate the problem.
With reconciliation being so easy, there’s no excuse for not doing it. Never again will you bounce a check because you thought you had more funds available. Furthermore, when you reconcile regularly, you’re more likely to catch transactions that you didn’t make—and catch some con artist using your finances for his fun.
Your First Reconciliation
The first reconciliation for a bank account is always the hardest, because ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.