Quicken is a personal finance software that organizes all your financial logistics. Besides, it will help you to plan a detailed budget, classify them as well as keep a record of the expenses. Quicken software helps you in keeping better control of your finances. You can also create custom invoices, track investments, rental and taxes. To keep a record of the gamut of personal financial activities, you should know how to use Quicken.
To know how to use Quicken on your computer system. You need to go through the steps.
Steps to Use Quicken
You need to learn the process to manage your daily finances and transactions with the help of the software. This could be possible once you will learn the process for the same. To get started using the Quicken software, follow these instructions:
Step 1-Purchase Quicken
You can buy Quicken from Amazon. It provides you the facility to download on your PC. You can also receive CDROM via mail to purchase the software. There are many versions of Quicken available, you can choose as per your financial need.
Step 2- Create an Intuit ID to Connect
You will see the pop up on your system screen asking to use your Intuit ID. With this, you need to check the availability of the Intuit ID in your system. In case you don’t have the ID, you need to create one. If you have to use Quicken connected services, you will be needing an Intuit ID. Also, to sync your financial information on your phone, you need to create an Intuit ID. Make sure to register your Quicken copy.
Step 3- Create and Sync Your Accounts
Now, set up your first account. You can go to the software home tab and can take a glimpse of your financial status. The home tab will help you to view your spending habits, upcoming bills, and plan your budget. You can click on the get started button to add accounts.
Step 4- Set up Bills and Statements
You can add your bills and statements in one place with the help of the software. Apart from this, you can also get a reminder of paying bills on your phone. After this, you need to go to the home tab and then click on the stay on the top of the monthly bills’ option. By clicking on it, you can add your bills, amounts and the duration of paying them.
Step 5: Create a Budget
Finally, go to the home tab and then click on create a new budget option. If you want the software to create a budget, then you need to give a name to the budget. Quicken will collect past transactions, income and expenses information to create your budget. If you want to customize a new budget, then click on advanced budget settings.
After knowing how to use the software, you need to know how to manage your expenses and savings. For this, you need to make yourself familiar with the software’s feature.
Also Read: How to Set up Quicken for Windows and Mac?
Features of Quicken Software
The features of Quicken helps you to handle the financial details without any hassles. Let’s take a closer look at the features and understand how easily you can create a sound money management plan:
- Income and Expenses
The software has the capability to track your expenses and income. Quicken permits you to track your cash flow on a monthly basis. The software also provides you the reports and graphs of your money spending.
- Budgeting and Investment
Quicken software prepares your budget for a stipulated time. It will help you to know the spending habits, so that you can achieve your financial goals on time. If you want to chalk out a budget, then you will be needing detailed information of your income and expenses.
- Managing Accounts
The accounting software imports all your bank details into a simple interface. You can download all the transactions from your bank’s website into the software. With this, the software will prepare the financial graphs and charts of your money spending.
- Documentation Taxes and Loan Applications
The particular feature will permit you to identify deductible taxable income and expenses. You can know your tax burden and leftover refund by adding the figures of expenses and income. Moreover, you can present your fiscal year balances to the creditors and investors. It is also helpful for your personal documentation.
The particular feature helps you to print different checks. You need to go through the check supply information carefully. After that, select form as per your need. Finally, you can order the form.
Hopefully, you have got the idea of the different features. The software permits you to examine your budgets, accounts, and transactions anytime from anywhere.
After going through the blog in its entirety, it is expected that the end-users of Quicken have got an understanding of How to use Quicken. Managing personal finances is not a tough job once you know how to use the software. The blog has given brief information on what is Quicken and focuses on the steps to use the software. After following the steps of using the software, you can take a look at the features of the software.
If you still want to clear your doubts related to how to use Quicken, then dial Toll- Free Quicken Support Phone Number +1-888-660-0582.