- Quicken for mac 2017 budgets update#
- Quicken for mac 2017 budgets full#
- Quicken for mac 2017 budgets software#
- Quicken for mac 2017 budgets windows#
It's a matter of taste, but I prefer this, because when I view summary spending (Income and Expense Report) and only include Checking and Credit Cards, mortgage payments shows as a single item, so it's more accurate to me for that use-case.
Quicken for mac 2017 budgets full#
If you click it, you'll see two payments on your reminder, one for the full amount from your checking and one for interest only debited from your loan account. Without that checked, your payment from your checking will be a split (which is how it worked prior to Banktivity 6 and also how it works in Quicken). Under "Remind me." there is a box that says "Schedule Interest and Fees Separately" and if you click that, you can choose the account paid from. If you go to your loan account and click "edit loan information" and just click "next" through 3 screens until you get to the one that says "Schedule Loan Payments".
Sure - in Banktivity 6 they introduced the ability to "schedule interest and fees separately" and if you select that, you can have those transactions charged to the loan account, rather than included in the split on the paying account. Obviously I know how much I pay and it doesn't make much difference, but knowing 16% of my monthly outgoing was to the mortgage interest and 17% was to principle doesn't add a lot of value.
Quicken for mac 2017 budgets windows#
In Windows I see Mortgage Interest, Food, Bills, blah blah, and somewhere in the list the transfer. I understand they're getting rid of the ability to categorize transfers in Mac Quicken in the future. Ironically in Quicken Mac I can work around this by having "Mortgage" as a Category with Mortgage Interest and Mortgage Principle as sub-categories, and additionally you can categorize the transfer between Checking and Loan (you cannot do this in Quicken Windows) and so when I look at my summary spending for the month, 'Mortgage' is there as a complete amount.
In Quicken Windows now (and I assume Quicken Mac after 5.18) you see two categories - the Transfer and Interest. What I meant was that if you look at the summary spending on your cash flow account in Banktivity you can look at a month, year, 10 years, whatever, and the Mortgage Payment will be including in your summary report as a single payment over whatever time period you select. But this addition has been long awaited for by Quicken Mac users. Expect a few growing pains at the beginning as users make recommendations for Quicken to tweak the interface and usability. Hopefully, Quicken Mac R5.18 will be released soon. Quicken Mac did a really good job changing their reports recently to include this capability of selecting individual accounts in their new reports.and selecting Cash Flow in the Advanced tab allows you to include these in reports now. Anything that is a transfer from one account to another, you'll be able to include in the budget if you want. This is a boon to those that want to have a truer picture of the budget for their mortgage, retirement withdrawals from investment accounts, 401K deposits, etc. These will be your checking and credit card accounts, while de-selecting the other accounts such as loans and SOME select investment accounts. Basically, you'll just need to select your "cash flow" accounts to use in the budget.
Quicken for mac 2017 budgets update#
In the next update (presumably), that restriction will be lifted and you'll finally be able to select ONE side of the transfer account (and not both sides) for your budget. That amount would NEVER show up in the budget. You'd like to be able to budget for the full amount of your mortgage payment (principal and interest).but you couldn't in Quicken Mac because the transfer amount would be a net zero.the amount FROM your checking account equals the amount TO your mortgage account. So that part of the transaction is a transfer from your checking account to your mortgage loan account. What does this mean? Well, since you can't select which accounts to budget in Quicken Mac (unlike Quicken Windows), amounts that are transfers couldn't be included in the Budget because they "zero" each other out.įor example, when you pay your mortgage payment, part of that payment goes to the mortgage principal pay down. This was the NUMBER ONE requested feature by Quicken Mac users over in the Quicken Community for years.
Quicken for mac 2017 budgets software#
Well.after years (and I mean YEARS.as in over 5 years) Quicken Inc announced that their next update to their Quicken Mac software will finally allow you to budget for the "transfer" amounts in your transactions.