Quicken vs. checkbook register

I have always mirrored my Quicken register with my checkbook register, so I can tell what my balance is.  When I pay a bill with my online bank for a future date, I enter it immediately into Quicken and my checkbook register to reflect my effective balance.  However, when I download transactions, the Quicken (entry) date does not match the date it cleared.  When I match the two, the cleared date overrides the entry date and Quicken moves the transaction.  My checkbook register no longer matches Quicken.  I chatted with Quicken support and she suggested I always use the cleared date in Quicken.  If I don't enter anything in Quicken until it clears per the download, how do I determine the logical balance if I have 10 uncleared checks?  Am I using download for the wrong purpose?  If so, what IS the purpose/usage of download?Thanks.Rich

Answer

> I have always mirrored my Quicken register with my> checkbook register, so I can tell what my balance is.> When I pay a bill with my online bank for a future> date, I enter it immediately into Quicken and my> checkbook register to reflect my effective balance.> However, when I download transactions, the Quicken> (entry) date does not match the date it cleared.The Quicken "transaction" date does not match the downloaded "transaction" date because the downloaded transaction uses the "posting" date as a transaction date ... correct?> When I match the two, the cleared date overrides the> entry date and Quicken moves the transaction. When *you* "match the two"?  Are you saying that Quicken did not assign a Status of "Match" to the downloaded transaction so you had to do a "Manual Match"? The result you describe is different from what I experience_ what I download a transaction that is already in my Quicken register, and Quicken determines that the downloaded transaction is a "Match", when I Accept the downloaded transaction the pre-existing register transaction retains its transaction date ... as it should.Downloaded "Match" transactions do modify register transactions in an important way_ they update the register transaction's "Posting date", which is a hidden field in every non-investment account transaction (it may be in investment account transactions too, I just don't know how to see it there).Since Quicken already has the ability to save the posting date separately from the transaction date, there should be even less reason to have to make the transaction date equal the posting date.> My> checkbook register no longer matches Quicken.  I> chatted with Quicken support and she suggested I> always use the cleared date in Quicken.  That would not be my advice.  But then again, I don't understand how/why you are getting the results you describe.> If I don't> enter anything in Quicken until it clears per the> download, how do I determine the logical balance if I> have 10 uncleared checks?  > Am I using download for> the wrong purpose?  I don't think so, although some people have reported that they do not manually enter transactions they expect to download.--John PollardPlease post questions in the forums, not via email.
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