Each Quicken account represents either something you own (an asset) or something you owe (a liability), and lets you track the money—or value—that is added to or subtracted from that account. Quicken is flexible enough to let you track as many accounts as you'd normally need in one file. Some people track only their primary checking account; others want to know where every penny goes. Some people use just only one checking account for a while and then at first but eventually add other accounts as they go along; others . Other people set up all their accounts immediately.
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