- Can I change the category for multiple transactions in Quicken?
- Why is it a good idea to categorize your transactions?
- What are transaction categories?
Can I change the category for multiple transactions in Quicken?
Quicken gives you the flexibility to edit multiple transactions at a time. You can edit the payee, the category/subcategory, the tags, and the memo. This is called bulk editing.
Why is it a good idea to categorize your transactions?
Transaction categorization makes bank reconciliation much easier. With this in place, each processed transaction is placed under a pre-defined category. This helps you easily identify and match the transactions in your bank statement with your account records during reconciliation.
What are transaction categories?
Transaction categorisation is a process of identifying the context or purpose of a bank account transaction, based on its description, transaction amount, date, and contextual metadata.