Pending Transactions

If you access your bank via Express Web Connect you may be able to see pending transactions. This depends on whether your bank sends that information when connecting with Quicken.

What is a pending transaction?

When a transaction is listed as pending, that means that a payment or a deposit has been held or requested, but has not yet been processed. This can occur for a number of reasons but often happens when the payment may be subject to change. 

Examples of commonly pended transactions:

• A restaurant has held the amount of the initial bill but may wait for payment until it has processed tips or other charges.
• A hotel may request a hold for a certain amount up front for room charges with the expectation that the pending transaction will be canceled or updated when you check out.
• When you purchase fuel through self-service the station usually begins by putting a hold on your account. while this hold often disappears as soon as you finish fueling, it may sometimes stay on your account longer.
• The bank may be processing a deposit to your account (often by check), but is waiting for the funds to clear.

How do I identify pending transactions?

Pending transactions appear in your register. They are separated from other transactions by a solid green line and displayed with a different shade of color than standard transactions so you can easily identify them. They also display an hourglass icon in the Status column.

What happens when a pending transaction clears?

When a pending transaction is no longer pending, it will either be listed as a regular transaction (if the transaction clears) or will disappear if the pending transaction is removed but no charge occurs. If the transaction clears for a different amount than the pending transaction, the pending transaction will still disappear in favor of the cleared transaction.

Can a pending transaction match with a manually entered transaction?

Yes, a pending transaction can match with a manually entered transaction, and will continue to match once the transaction clears and is listed as a regular transaction.