Chapter 2
Introduction to the Big Picture
In This Chapter
Distilling Quicken to its very essence
Setting up additional bank accounts
Adding, removing, and modifying categories
Understanding tags
Before you spend a bunch of time on Quicken, you have to understand the big picture. You need to know what Quicken can do. You need to know what you want to do. And, as a practical matter, you need to tell Quicken what you want it to do.
Boiling Quicken Down to Its Essence
When you boil Quicken down to its essence, it does six things:
It lets you track your tax deductions.
This feature makes preparing your personal or business tax return easier for you or your poor accountant, Cratchit.
It lets you monitor your income and outgo either onscreen or by using printed reports.
Usually this stuff is great fodder for discussions about the family finances. And, if you’re running a business or investing ...
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