How to Adjust a Checking Balance in Quicken

By William Pullman

Reduce the chance of checking account errors in Quicken by entering payments and deposits when they occur.
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If your business uses Quicken financial management software to track the company's checking accounts, it's good practice to compare the numbers in Quicken with the statements provided by your bank. If you find a discrepancy, you can adjust the checking balance in Quicken. The first method for adjusting the balance is to add any missing payments or deposits associated with the account. Another method for adjusting the account is to change the checking account's opening balance.

Entering Payments and Deposits

Open Quicken and click the name of your checking account in the Accounts menu. The list of your payments and deposits appears.

Click the Date field of the line under the last transaction on the table and enter the date of the payment or deposit.

Enter the check number, payee, and memo information, as needed, if you are entering a payment transaction. If making a deposit, enter "DEP" in the "Check #" category.

Click the "Payment" category and enter the check amount when entering a payment. When making a deposit, click the "Deposit" category and enter the amount of the deposit.

Click the "Save" button at the end of the row to save the entry and adjust the balance.

Adjust Opening Balance

Click the name of the checking account in the Accounts menu.

Click the line in the table with the payee named "Opening Balance." This is the amount you entered when you created the checking account in Quicken.

Click the number in the Deposit category of the Opening Balance transaction.

Enter a new number to adjust the account balance, as needed. For example, if you wanted to adjust the checking balance down by $100, you should enter a deposit that is $100 less than the current amount.

Click the "Save" button at the end of the row to save your changes, and then click "Yes" twice to confirm the changes.


Information in this article applies to Quicken 2013. It may vary slightly or significantly with other versions or products.