How to Set Up Accounts in Quicken

by Contributor

Setting up an account in Quicken is a fairly straightforward process that even new users should be able to tackle. It is also the first step needed in order to use the full features offered by the program. Whether you want to create a basic account or set up additional accounts, there are a few steps you need to follow.

Set Up Accounts in Quicken

Decide what type of account you want to set up before you start. Quicken allows for a variety of accounts, from credit card to cash accounts. You can have more than one account, but you will need to created them separately and link them after they are all set up.

Go to the Cash Flow Center (located on the top bar or under "Files") to select the type of account you want to create. The name of the section may vary slightly, depending on which version of Quicken you have, but it's generally easy to identify.

Get the original account set up. If this is your first time using Quicken, you will need to create a user account and answer a series of questions about yourself and your financial situation before you can start using all the features included in the program.

Keep your bank information handy, so you can add your banking details to Quicken when requested. You will need to give your bank's name (you can choose from a list or add your own), the starting and ending bank-statement date and your current balance.

Add additional accounts by repeating the same process, except for the initial setup. If you do get a screen prompting you to enter all your financial information again, make sure to select the option of using previously saved data, or you won't be able to link both accounts.

Tip

  • check You can link your Quicken account directly to your bank. If you do this, make sure you follow all the safety tips to protect your information.

Warnings

  • close Don't skip the software registration the first time you access the program. Unless Quicken is fully registered, you won't be able to use certain online features or get access to updates and customer support.
  • close Don't neglect to protect your account with a password. This is only optional, but a good idea if you share the computer with others whom you don't want accessing your financial information.
  • close Don't forget to click the "Done" button after you finish entering all the information, making sure that everything has been saved properly.

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