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Clarify all fees and contract details before signing a contract or finalizing your purchase. For the most accurate information, please ask your customer service representative. Pricing will vary based on various factors, including, but not limited to, the customer’s location, package chosen, added features and equipment, the purchaser’s credit score, etc. Use tags to track different purposes for which the expenses were used.Disclaimer: The information featured in this article is based on our best estimates of pricing, package details, contract stipulations, and service available at the time of writing.Use categories to track different types of expenses.(e.g.: Florida vacation, Boating hobby, Jane trips, Sam trips, Vacations 2010, etc…) Each transaction can have as many tags as you want.Each transaction can have only one category.For example, if you're also tracking how much you're spending on your boating hobby, you could not only assign a 'Florida vacation' tag to the boat rental, you can also tag it with 'Boating hobby,' and similarly use the Spending Cloud to see how much you're spending overall on that activity. Since you're allowed to use multiple tags for each transaction, you can also assign other tags to some of those Florida vacation expenses, for other tracking purposes.

Quicken displays the total for that tag, as well as a list of all expenses that have that tag. Then, to see how much that vacation cost, you can go to the Spending Cloud (under the Reports section of the Source list) and click the 'Florida vacation' tag. You would create a tag called 'Florida vacation' and then apply that tag to any expense that's going toward that vacation, like your flight, your rental car, your hotel room, meals, maybe even a new bathing suit, and a boat rental. And while you can only assign one category to each transaction, you can assign as many tags to each transaction as you like.įor example, suppose you want to know how much you're spending on a vacation to Florida. While categories are assigned to similar types of expenses, tags usually get assigned to expenses from different categories. Tags, on the other hand, let you see how much you're spending for a specific purpose, like a hobby or a vacation. For transactions that Quicken doesn't recognize, (e.g., your rent check), you'll need to categorize those manually until Quicken learns that your payment to 'Mr. Quicken automatically categorizes many of the transactions you download, based on your past categorizations and based on its knowledge of which payees belong in which categories. And because only a single category can be assigned to each transaction, category tracking can help you create reports that show you exactly what proportion of your money is going to which kind of expense. Differences between categories and tagsĬategories are used for similar types of expenses. Later, to see the total cost of your vacation, run a custom report by including all transactions with the vacation tag. Here are some transactions that you might associate with this tag: It's very easy using tags! Just create the tag vacation and associate all your related transactions, from multiple categories, with this tag. You went on a vacation with your family and you need to keep track of all the expenses related to this vacation. They help you group and analyze all transactions related to a specific event.

Tags provide an additional way to classify and group your transactions. For example, bills and utilities, paycheck, business income, etc. It helps you easily analyze your transactions. This grouping is displayed in reports and graphs. In Quicken, categories and subcategories are used to classify and group your transactions.

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