Enter the ending date and balance from your statement, if you have it
- Enter the appropriate date and balance according to the account type you're adding:
- Checking, savings, or credit card account
If you're entering information from a paper statement
- Enter the statement ending date.
- Enter the statement ending balance.
If you're entering information from your financial institution's website
- Enter the date your account information was posted on the website (usually today or yesterday).
- Enter the website's balance.
- Cash account
- Enter today's date.
- Enter today's balance.
- Asset account
House and vehicle accounts
- Enter the purchase date.
- Enter the purchase price.
- Enter the estimated market value if you know it.
Quicken uses the estimated market value to calculate your equity in the house. To track cost basis instead of equity, enter the purchase price in both fields.
Most other asset accounts
- Enter today's date.
- Enter the current market value, if you know it. (In most cases this will be an estimate. You can edit this amount later.)
Capital equipment and assets for which you plan to track depreciation
- Enter the purchase date.
- Enter the purchase price.
After you finish setting up the account, enter a balance adjustment for each year to represent the annual depreciation.
- Loan account
If you're entering information from a paper statement
- Enter the statement ending date.
- Enter the statement ending balance.
If you're not entering information from a statement
- Enter today's date.
- Enter the amount you currently owe.
- Property and debt accounts only: If you're using this to track tax-deferred payroll deductions, click Tax to set tax attributes. (Optional)
- Click Done.
If you don't know the starting balance
If you don't know the starting balance, leave this dialog's settings as they are (today's date, with a zero balance) and click Done. The new account will be added with an opening balance of $0.00, as of today, and you can edit the opening balance later.
