Definition
An account represents one place your money lives or moves through — a checking account, savings account, credit card, loan, or investment account — that you connect to Quicken so its transactions and balance can be tracked.
Why It Matters
Every dollar you track in Quicken has to belong to an account, because that's how Quicken knows where money came from and where it went. Without accounts set up correctly — and business and personal accounts kept separate — your categories, reports, and net worth won't reflect an accurate picture of your finances.
How This Works in Quicken
All your connected accounts and balances are displayed on the left side of your Dashboard.
Accounts can be added and connected from this section. During setup, you can specify the type (checking, savings, credit card, loan, investment, or asset). If you are using Quicken Business and Personal, you also can designate the account as business or personal account, so your finances stay separated from the start.