Overview
Now that you have added your business and connected your accounts, take a few minutes to see where your financial information appears in Quicken Business & Personal.
When you finish this step, you will:
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Know where to find your connected accounts and balances
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Understand how business and personal accounts are organized
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Know where to view recent transactions
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Recognize the basic information included in a transaction
You do not need to set up or use every feature yet. The goal is simply to become familiar with where your information is and how to get back to it.
Before you begin: Add your business and connect or manually add at least one account containing business activity. See Step 1: Set Up Your Business .
1. Get to Know Your Dashboard
Your Dashboard is the first screen you see when you open Quicken Business & Personal. It is your starting point for understanding what is happening with your finances and deciding where to look next.
It brings together financial summaries, individual accounts, and tools so you can move from a high-level view to the details behind it.
Try it in Quicken Business & Personal
Open Quicken Business & Personal and take a quick tour and identify these four main areas in your Dashbaord:
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The Navigation Menu on the left opens tools for specific financial questions and tasks.
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Tiles in the center highlight financial activity, trends, and items that may need attention.
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The Account List on the left displays all connected accounts and balances
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Dashboard controls at the top right provide access to updates, notifications, Help, Settings, and your Profile.
You do not need to use every area each time you sign in. Start with the information most relevant to the question you are trying to answer.
You also can customize your dashboard. When you find what you need to see or use the most, you can customize your Dashboard by rearranging or hiding tiles. To get started, click Customize in the upper-right corner.
You can always return to your home Dashboard from the top of the left Navigation menu.
For more information see Using Your Dashboard
2. Find Your Accounts and Balances
On the left side of your Dashboard, your Accounts panel lists the business and personal financial accounts you have added, such as:
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Checking accounts
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Savings accounts
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Credit cards
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Loans
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Assets
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Other account types
Your accounts are grouped by business or personal and display the balance, giving you a quick view of where your money is held and what you owe.
Note: Ideally, you should keep your business and personal activity in separate accounts, but if an account contains both business and personal activity, you can easily identify individual transactions as business or personal to keep your finances separate. We will cover that later.
Try it in Quicken Business & Personal
Review your Accounts panel:
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Do you see all your accounts?
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Are business accounts and personal accounts in the right groups?
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Do balances look correct?
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Are any accounts with warning signs that need your attention?
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If an expected account is missing, return to your account settings to connect or add it.
3. Review Your Transactions
A transaction is a record of money moving into, out of, or between your accounts. It usually includes a date, description, amount, category, and business or personal designation.
Reviewing transactions is an important first step in understanding your business finances. Quicken downloads and categorizes many transactions automatically, but a quick review helps you confirm that business activity is assigned to the right business and that the details look correct. This matters because your reports and tax estimates use this information. Even a few corrections can help give you a clearer view of your income, expenses, and cash flow.
To get started, review a few recent transactions you recognize. Quicken provides business categories based on the type of business you set up. You can use those while you’re getting familiar with the product and customize them later if your needs change.
Try it in Quicken Business & Personal
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In the left navigation, select Transactions.
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In the Accounts panel on the left, select a business account.
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Scroll down to the Transactions list below Projected Cash Flow.
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Find a few recent transactions you recognize. Check the date, description, amount, business or personal designation, and assigned category.
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Correct any details that are clearly wrong.
For more information see:
Before You Move On
You are done when you can:
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Review your Dashboard
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Find your connected accounts and balances
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Distinguish your business and personal accounts
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Open an account and view its transactions
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Review and update the basic parts of a transaction
Next: Step 3 - Get Paid and Record Income
Now that your business accounts are set up and you are familiar with transactions, you are ready for Step 3: Get Paid and Record Income. Here you will learn how to bill clients and record business income.