Bill and income reminders make paying your bills a lot easier. When reminders become due, you can choose what happens next—Quicken can simply alert you, or Quicken can enter a transaction into the register for you automatically. When you finish setting up your bill and income reminders, Quicken can project your spending account balances into the future.
- Click the Bills & Income tab.
- Near the top right side of the screen, select the plus sign.
- Select the type of reminder that you'd like to create:
- Online Bill: For online bills, you enter the login information for the biller's site. Quicken automatically contacts the site and determines amount due and due date based on the information on the site.
- Manual Bill: A regularly occurring bill that cannot be accessed online. You enter all the relevant information about the bill.
- Add Income Reminder: Get reminders for regularly occurring deposits. You add all the relevant information about the income. For regular employment pay, you may be interested in using the Paycheck Setup wizard instead of an income reminder.
- Add Transfer Reminder: Get reminders for regularly occurring account trasfers.
- Bill Reminder
Use bill reminders for your recurring expenses, such as your monthly gas bill, or your annual property tax payment.
In the Pay to field, type the name of the payee. As you type, Quicken tries to find a match in the Memorized Payee List. If Quicken finds a match, select the payee from the displayed list; if doesn't find a match, continue typing to create a new payee.
Click Next when you are done, and then continue with Step 3, below.
- Income Reminder
Use income reminders for your recurring deposits, such as the net amount of your paycheck.
If you want track the gross amount of your paycheck, and then categorize and track your payroll deductions and taxes, use the Paycheck Setup wizard instead.
In the From field, type the source of the income. As you type, Quicken tries to find a match in the Memorized Payee List. If Quicken finds a match, select the payee (the income source) from the displayed list; if it doesn't find a match, continue typing to create a new payee.
Click Next when you are done, and then continue with Step 3, below.
- Transfer Reminder
Use transfer reminders to help you remember to move money between your accounts.
In the Payee field, type a description of the transfer. As you type, Quicken tries to find a match in the Memorized Payee List. If Quicken finds a match, select the payee (the transfer description) from the displayed list; if it doesn't find a match, continue typing to create a new payee.
Click Next when you are done, and then continue with Step 3, below.
- Add or edit the Due Next On date, or click the edit icon to change the following options:
- Start date
The date of the next occurrence of the reminder.
- How often
| Frequency | Explanation |
|---|
| Weekly | The transaction repeats every [n] weeks on a specified day of the week. |
| Monthly | The transaction repeats every [n] months on a specified date (for example, the 4th) or a specified day (for example, the first Thursday). |
| Twice a month | The transaction repeats twice monthly on two specified dates (for example, the 4th and the 15th), or on one specific day plus the last day of the month. |
| Quarterly | The transaction repeats four times per year (every three months), based on the specified start date. |
| Yearly | The transaction repeats once each year on the specified start date. |
| Twice a year | The transaction repeats twice yearly on two specified dates (for example, December 10th and April 10th). This option is perfect for property tax reminders. |
| Only once | The transaction occurs just one time, on the specified start date. It does not repeat. |
| To pay estimated taxes | The transaction repeats on the dates shown when the option is selected. |
- End date
Select this option to specify the end date, if any, or the number of occurrences of the reminder.
- Add or edit the Amount due, or click the edit icon to change the following options:
- Enter a fixed amount
Enter the amount of the reminder, which will not change over time.
- Let Quicken estimate the amount
If the amount of the reminder will change over time, click Optional Settings and edit the Estimate amount for me settings. See below for more information.
- Select the Account.
Select the account you'll use to pay or receive funds for the transaction.
- If this is a transfer reminder, select two accounts: a From Account and a To Account.
- If this is an income reminder and the To Account is an investing account, select the income Type (Deposit, Dividend, or Interest) and Security (if applicable).From/To Account.
- If you are creating a bill reminder and the account is enabled for bill pay, select Use Online Bill Pay to pay the bill online.
- Tell me more
Select this option to create an online payment for the reminder when it’s entered into your register. Note that you'll still need to send it to your financial institution for processing before it can be paid. This is a good choice for amounts that vary over time because you can change the amount of each payment before sending it.
- Add or edit the reminder Details.
- Category
- Tag
- Memo
You can display memo information in reports.
- Add or edit the Optional Settings for the reminder.
- Remind me [n] days in advance
Remind me [n] days in advance
Select this option to enter the number of days in advance of when the reminder is due that you want to be reminded of it.
Automatically enter the transaction in the register [n] days before the due date
Select this option to enter the number of days in advance of when the reminder is due that you want to trigger the reminder and automatically enter it as a transaction in your register.Use only business days for reminder
Select this option to count only business days when calculating the reminder due date. Quicken will disregard holidays and weekends.
- Related website
Select this option to enter a Web address (URL) for the biller or financial institution. This is linked to in the Web column of the Manage Bill & Income Reminders list.
- Estimate amount for me
If your payments vary, Quicken can estimate an amount to use for the reminder when it is due. Select one of the following:
- Fixed amount. Turn off this feature. Quicken will always use the same amount for the reminder.
- Previous payments. Calculate an average amount for the reminder, based on your last [n] payments.
- Time of year. Use the same amount as last year for the reminder. This is great for utility bills or other reminders that have seasonal variations.
- Credit card balance. Use the balance of the selected credit card as the amount for the reminder.
If you decide to use this feature, an edit icon displays next to the amount in the reminder dialog. Click the edit icon to make further changes, as necessary. Note that this feature is not available for invoice reminders.
- Sync to Outlook
- Print check with Quicken
Select this option if you plan to print the transaction on a paper check.
- Make this a repeating online payment
Select this option to create a repeating online payment instruction for the reminder.
A repeating online payment is a series of online payments to a specific payee, for a set amount, on a schedule that you choose.
The repeating payment instruction is sent to an online bill pay service, such as Quicken Bill Pay or your financial institution, and they make payments on your behalf on the scheduled dates. You do not need to send the payment yourself each time it is due. This is a good choice for long-term payments of the same amount. Just be sure you keep enough money in your account to cover the payment when it is due.
This option is available only for accounts that are activated for online bill payment.
To activate online bill payment, choose Tools menu > Account List, click the Edit button next to the account to you want to activate, click the Online Services tab, and then click the Set up now button.
- Click Done. The Set Up Bill Reminder window is displayed with details of the reminder.
- If you want to link this reminder to a biller, click Link it Now. Learn more about linking reminders to billers in Quicken. Go to the section Use the Online Bills tab to work with aggregated bills and billers > Link reminders to billers/bill accounts.
- Search and select the required biller. Enter the credentials you use to sign into the biller website and follow the sign in process.
- Click Next. After the reminder is successfully linked to the biller, click Close.
- If you want to continue linking another bill reminder, click Link Another Bill and follow the above procedure.
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