Getting Started with Transaction Download and

Online Bill Payment in QuickenÒ 2003 for Macintosh

Refer to this guide for instructions on using Quicken’s online account features to save time and automatically keep your records up-to-date.

 

This guide includes the following sections:

§         Information You’ll Need to Get Started, page 1—Explains the information you will need to have before downloading transactions with Quicken.

§         Checking for Updates to Quicken for Macintosh, page 2—Explains how to install the latest update to Quicken for Macintosh.

§         Creating a New Quicken Account, page 2—Explains how to create a new Quicken account for downloading transactions.

§         Activating a Quicken Account for Transaction Download, page 2—Explains how to set up online account services for your Quicken account.

§         Downloading Transactions, page 2—Explains how to download transactions to or make payments from accounts that you have activated for online account services.

§         About Your Downloaded Transactions, page 3—Explains how to interpret information about your downloaded transactions.

§         Using Online Bill Payment, page 3—Describes how to set up an online payee and create an online payment.

Information You’ll Need to Get Started

To download your transactions with Quicken, you must have Internet access. In addition, before you can set up your Quicken accounts to use transaction download or online bill payment services, you will need to contact your financial institution for the following information:

§         Customer ID

§         Routing number (for bank accounts)

§         Account number

§         Personal Identification Number (PIN)

NOTE: Your Quicken Customer ID / PIN is the same as you use to log in to Denver Community Home Banking site.  Please be sure to enter the specific account type with your ID # [e.g. 59487-S75 (default checking account)]

When you have received the necessary information, this guide will show you how to activate your accounts for online services. For step-by-step help with an online task, choose Online Banking from the Quicken Help menu.

Checking for Updates to Quicken for Macintosh

To download and install the latest update to Quicken for Macintosh, choose Check for Updates from the File menu and follow the on-screen instructions.

Creating a New Quicken Account

Skip this section if the account that you want to activate for online services is already in your Quicken data file.

Step 1                            From the Help menu, choose Set up a New Account.

Step 2                            Follow the on-screen instructions to create a new bank or credit card account.

Activating a Quicken Account for Transaction Download

Step 1                            From the Help menu, choose Set up Online Services.

Step 2                            Follow the on-screen instructions to activate this account for online account access and online payment services.

The options on your screen may change depending on the services that are available for this account.

Downloading Transactions

Step 1                            From the Online menu, choose Download Transactions.

Step 2                            Choose your financial institution from the Financial Institution pop-up menu.

Step 3                            Choose the account name from the Account pop-up menu.

Step 4                            Click Get Online Data.

Step 5                            Enter your PIN (the number assigned to you by your financial institution for use with online banking in Quicken).

Some financial institutions require that you change your PIN. If you are prompted for a new PIN, enter a new PIN following the requirements from your financial institution, enter it again, and then click OK.

Quicken connects to the Internet and downloads your transactions for all online accounts at the financial institution you have chosen. Quicken does not automatically disconnect you from the Internet, so you may want to close your Internet connection after you have downloaded transactions.

The online balance of your financial institution account appears here. It may differ from the balance in your Quicken register because your Quicken register may include upcoming scheduled transactions
 
About your Downloaded Transactions

 

Using Online Bill Payment

Sending online payments with Quicken is a fast and easy way to pay your bills. It requires two steps: setting up an online payee and creating an online payment.

Set Up an Online Payee

An online payee can be any business, organization, or individual to whom you make payments. You have to add each online payee to the Online Payee List only once; all Quicken accounts share this list.

Step 1                            From the Online menu, choose Payments and then choose Online Payees.

Step 2                            Click New and enter the information as necessary.

Note that the address, phone number, and account number must be accurate. Your payment provider may need the address to mail your payment to the online payee. In addition, some payment providers use the phone number as a reference to identify and route your payment to the proper payee.

Step 3                            Click Create.

Create an Online Payment

After you create an online payee, you are ready to create an online payment.

Step 1                            From the Online menu, choose Payments and then choose Enter Payment from the submenu.

Step 2                            From the Online menu, choose Payments and then choose Online Payees from the submenu.

Step 3                            From the Payees list, choose the payee to whom you are making a payment and then click Use.

Step 4                            In the Enter Online Payment window, enter the amount of the payment.

Step 5                            Enter a category to help you track your income and expenses.

Step 6                            Click Put In Out Box.

Quicken saves this payment in the Out Box.

Step 7                            To transmit this payment, choose Out Box from the Online menu and then choose Send Now.