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For example, say you have a candle business and a catering business. Each business has its own checking (Chequing in Canada) account, but you use a single credit card to make purchases for both businesses. When you download or enter your credit card transactions, you can enter the candle tag for purchases for the candle business and the catering tag for purchases for the catering business. That way Quicken considers these purchases when determining your deduction and spending information for each business.
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The following terms will be different in the Canadian releases of Quicken. Canada: "Cheque" / United States: "Check" |
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