Under Accounts, you will see a list of your financial accounts. Three things you should do in Quicken for Mac at the end of the year One: Back up your file You can use the checkbox next to an account to enable or disable that account for synchronization. It's a good idea to back up your transactions at the end of the year. This ensures that you will have a backup copy that includes that year's finances. To begin the process go to File menu → Save a Backup.
It's a good idea to save your backup to Dropbox or your iCloud Drive. You should run reports that let you see your past year's finances. Almost all reports are useful from a year-end perspective, but here are four great reports to run: It's a good idea to print these reports out on paper or as PDFs so you can access them quickly even after you have archived your data. Tax Schedule: A report on your taxes focused on the individual tax forms each transaction may apply to.Ĭash Flow: An overall view of your income and expenses by category.
Transaction by Account: A complete list of all your transactions. You may also wish to run Transactions by Category and Transactions by Payee. Spending Over Time: A month-by-month look at your spending.Ĭategory Comparison by Year: This report will help you compare your spending to previous years by comparing spending categories. You may also be interested in Payee Comparison by Year. The end of the year is a great time to review your budget and the categories in it. Look for areas where you overspent or underspent. Also, check to be sure your transactions are properly categorized. You may find that some transactions are better tracked by a different category once you take the time to give them a second look. When you access your Category List ( ⇧⌘C) you can quickly filter the list to narrow your choices. You can also just start typing a name in the Search field if you know what you are looking for.
0 kommentar(er)
