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echo: quicken
to: ERNEST BEHRLE
from: DERRICK PARKS
date: 1995-09-10 16:12:00
subject: Sub-Accounting

On 09-07-95 @ 21:44, ERNEST BEHRLE wrote to ALL  about SUB-ACCOUNTING:
EB>Hi,
EB>     This msg is to anyone that may be able to help.  I've had
EB>Quicken  for Windows, version 4 for just a short time and maybe the
EB>answer is  right in front of my nose.
EB>     My wife and I have one checking account but we each have our own
EB>check registers and checks.  I call these sub-accounts and we make
EB>our  own deposits/withdrawals to each sub-account.  The system works
EB>quite  well and avoids lots of troubles.
EB>     Now, I'd like to keep doing this but I see no way I can with 
EB>Quicken.  That is,  I'd like to maintain two sub-accounts in Quicken
EB>and  have them tied to the main checking account also in Quicken.
EB>     Has anyone out there done this?  If so, maybe you would be so
EB>kind  as to giving me a few clews about the process.
EB>     Thanks much.
EB>                              ERNEST BEHRLE
I started a SAVINGS GOAL to have $500 by 1 Dec in an account called 
OVERDRAFT.  This "account" is *separate* from but tied directly into my 
checking account; i.e., each account has it's own balance but each 
balance is tied into my checking balance.  I can contribute and withdraw
funds as needed.  I use this account" as my "overdraft protection."
To set up a savings goal:
1.  From the Plan menu, choose Savings Goals.
2.  Click New.
3.  Enter a name, amount, and finishing date for the savings goal.  The
    name you enter will be the name of the account used to track the
    savings goal.
4.  Click OK.  The Savings Goals window shows your Projected Monthly 
    Contribution in the lower right corner of the window.  This is the
    amount that you should set aside each month in order to achieve your
    goal.
*How* *can* *I* *see* *my* *actual* *bank* *balance* *when* *I* *have* 
*money* *in* *a* *savings* *goal* *account?*
When you set aside money in a savings goal account, Quicken keeps track 
of both your actual bank balance (what your bank statement will say) and
the balance of your account without the money you've set aside for your 
savings goal.
To see your actual bank balance:
Select the Hide Goal Txns. checkbox in the register of the account 
you've contributed money from.
I think this answers your question.  Let us know if we can help you 
further.  :^)
PEACE!!
                                
>>      Derrick D. Parks      >>
                                
09/10/95 @ 15:09
INTERNET:  ddparks@aol.com
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