Financial Software Questions? Ask IT Support for Answers ASAP
quicken doesnt really work that way. Its not a double entry book keeping system
it is more of a glorified check book
what are you using it for? You might be better off with quickbooks rather than quicken if you are trying to run a business off it.
but for personal finances quicken works quite well. but it keeps track of everything just as an entry in a check book and allows you to classify them and do all sorts of reports and budgeting. using the category function is what would tell you what each entry was for so you can use it for budgetting or tax purposes
it also has separate account types for things like loans or mortgages.
If you would like to call me i can try to explain how to do what you want to do with quicken or whether you are better off with quickbooks which is a true book keeping system with a general ledger.