Using auto-reconcile

For online accounts, you can automate the reconciliation process, letting Quicken Classic for Mac handle it for you. Quicken will compare your cleared transactions to your bank's reported balance and reconcile them automatically.

Note: Auto-reconcile is not required for tracking online accounts. The bank's transaction records are usually sufficient for financial tracking.

How auto-reconcile works

After each transaction download, Quicken checks whether the sum of your cleared transactions matches your online balance. If it does, your transactions are marked as reconciled automatically. If there's a discrepancy, you'll see a notification banner above your register.

Set up auto-reconcile for an account

1. In the sidebar, Control-click the account you want to set up.

2. Choose Account Settings.

3. Go to the Downloads tab.

4. Check the box for Automatically reconcile my cleared downloaded transactions.

Choose your notification preference

After enabling auto-reconcile, choose how you'd like to be notified:

Notify me only if discrepancies are found (default)

If the sum of your cleared transactions matches your bank’s online balance, Quicken will reconcile them silently. You’ll only be alerted if something doesn’t add up.

Ask me to review a reconciliation before saving it

If the sum of your cleared transactions matches your online balance, the reconcile icon in your register will display a green equal sign. Transactions won’t be marked as reconciled until you review them. and display a green equals sign in your register. You’ll need to review and approve the reconciliation manually.

You can change your auto-reconcile preference at any time. From the menu bar, go to Accounts > Settings, then select the Downloads tab.