Chapter 8

Banking and Reconciling

In This Chapter:

   Starting a reconciliation

   Comparing transactions to a paper statement

   Identifying reconciled items

   Finishing up

   Reconciling credit card accounts

   Printing a reconciliation report

   Undoing reconciled transactions

Once you have set up your banking and credit card accounts, it is important that you reconcile your Quicken information to that shown by your financial institution. Often, the task of reconciling or manually balancing your bank account each month is not your favorite chore. However, you may open your bank statement each month and, using the paper form and a calculator, total all the checks and deposits. There’s a lot of adding when it comes to totaling the outstanding ...

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