This means if you want to track your mortgage, car loan, and student loan, you'll need to set up a liability account for each one. ![]() You will have to set up a liability account for every debt that you're going to track. In Quicken, if you want to track your debt, you must start by setting up a liability account. ![]() However, you may also want to track your debt, especially if you want to keep track of how much you're paying in interest or how much you owe after each payment you make. These are things you pay monthly, so of course you'll set it up. There's no doubt that you're going to set up debt that you have, such as mortgage payments, car payments, etc., as bills in Quicken.
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