18 June 2022 12:16

Starting over with quicken

If you want to start fresh in Quicken, you have to options: delete the data file or rename the data file. Deleting the data file erases all your old data, while renaming the data file forces Quicken to create a new file.

How do I clear Quicken and start over?

Instructions

  1. Choose File menu > Show This File on My Computer. …
  2. Select the file you want to delete, or enter the name of the file in the Search field.
  3. Right-click the file and select Delete.
  4. Confirm that you want to delete the file.
  5. Click OK.

How do I start a new Quicken file?

Creating a new file

Choose File menu > New Quicken File.

Should you start a new Quicken file every year?

Unless you are having a problem I would not recommend it. You won’t be able to easily report on any history.

How many years of data should you keep in Quicken?

two years

For most people, it is best to keep only a year to two years of data in the current file, so that Quicken can work with the data quickly and efficiently.

Can I have two separate Quicken files?

You can have as many separate Quicken data files as you wish, and there is no interaction between them.

Can I have 2 Quicken accounts?

Instructions. In most cases, you’ll want to add all your accounts in the same Quicken data file, so that you can track your overall financial situation. You can add up to 512 accounts per account type.

Should you archive Quicken data?

Quicken doesn’t require or recommend that you archive or close out your data file at the end of the year. In fact, not archiving your data at the end of the year lets you run comparison reports on income and expenses from previous years.

Can I archive old transactions in Quicken?

With the Year-End Copy command, you can archive your Quicken data in one of two ways: Archiving copies all your transactions that are dated earlier than this year and places them in a separate data file. Your current file is untouched, and you can continue to use it.

Can you close out a year on Quicken?

When you create a new year-end copy to archive or close out your file at the end of the year: Quicken saves a copy of your current data file and then deletes any transactions in the current data file that aren’t in the current year.

What happens when you delete an account in Quicken?

Deleting an account permanently removes that account and all of its transactions from your file. Consider using the hide or close account option for accounts with data you may need for historical reporting or if you want to be able to search on that account’s transactions in the future.

How many Quicken Backups should I keep?

Most people find that between 5 and 20 backups is sufficient. Select this option to have Quicken periodically remind you to make a backup copy of your file.

How do I separate accounts in Quicken?

An account within More Accounts is hidden in the Account Bar. I suggest for each of the four accounts you would like to keep separate, open the account, press Ctrl + Shift + E, select the Display Options tab, check Keep this account separate – account will be excluded from Quicken reports and features, and select OK.

Should I close accounts in Quicken?

You should close an account in Quicken when its real-world counterpart is closed at your financial institution, or you no longer have, or don’t care to track, the asset or liability that the account represents.

Can you have more than one business on Quicken?

Based on your description of things going forward – that is two (2) businesses with each filing their own Schedule C, you will be able to manage them both in Quicken fairly easily in a single file – using Tags.

Can I delete and re add an account in Quicken?

When you delete an account and confirm the deletion, Quicken cannot recover it. If you want to use an account in Quicken after you deleted it, you will have to add the same account again. Be sure that you really want to delete an account before doing so.

How do I delete data in Quicken?

To delete a data file

  1. Quit the Quicken application.
  2. Go to the data file location and drag the file to the Trash (at the end of the Dock). If you have trouble locating your Quicken data file, refer to Learning about data files. …
  3. If you are sure that you do not want your file back at all, you can permanently delete it.

What old Quicken files can I delete?

No, you can delete old QDF files as long as you don’t delete your current one. Thank you Greg!! You’re welcome. Quicken backups are complete backups, not incremental, so you can get rid of the older ones without any issues.

Is my Quicken data stored in the Cloud?

Your Quicken data is still stored on your computer. The Quicken Cloud enables your desktop data to sync between Quicken on the Web, Quicken Mobile, and Quicken Desktop. Read more information about the Quicken Cloud here.

Where is Quicken data stored?

By default, Quicken stores files in the Quicken folder. In File Explorer, open My Documents > Quicken. If Quicken reveals more than one . QDF file on your computer, make sure that you open the one that you want.

Can I copy Quicken from one computer to another?

On your old computer, open Quicken and select File > Copy or Backup File. Click Browse to copy your data file to an external drive or disc, such as a USB drive, that you can use to move this backup to your new computer.

Will older versions of Quicken still work?

If you do not need access to live technical support or online services, you can continue to use your existing version of Quicken.