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Quicken will back this file up automatically, but you can customize the backup location. Your Quicken data file is one of the most important files you have, and a good backup is a must. Quicken does the calculation and places the result into the field. When you’ve entered all your numbers, click on the Total but-ton at the bottom of the paper tape (or press enter). Enter the numbers you want to calculate, pressing an operator key between each number.
#Quicken medical expense manager windows 8 how to#
Here’s how to use it: While you’re in any field that you can enter an amount in, press an arithmetic-operator key (+, –, *, /, or =) to open the QuickMath paper tape. Instead, Quicken’s QuickMath feature gives you a simple “paper-tape” calculator (like an old adding machine) right in the account register. If you want to make a quick calculation while you’re entering data in the account register, you don’t have to reach for the calculator on your desk or in Dashboard. Once you’ve set up these classes, you can easily generate a report for the entire family’s medical expenses (sorting by category), another for all your expenses (sorting by class), and a third for just your medical expenses (sorting by both class and category). Then, during data entry, you can assign a class to a transaction by appending a forward slash and a class name to the category name. Just choose Lists: Classes, click on the New button in the Classes window, and add a new class name. For example, you might create a class for each of your family’s members. Classes are distinct from categories, so they can further define a transaction that has already been assigned to a category. The smarter thing to do is to create classes in Quicken. But what about your kids? Do you really need a different Medical subcategory for each family member? If you do, and if you apply the same logic to your other expenses, you’ll soon have an unmanageable number of categories and subcategories. You could create two subcategories under the Medical category.
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For example, let’s say you want to track individual medical expenses for you and your spouse. Quicken makes it easy to create categories for all your financial transactions-perhaps too easy. Get rid of categories you’ll never use by choosing Lists: Categories & Transfers: Remove Unused Categories. But even though some of Quicken’s default categories may not work for you, those categories will still appear every time you view the Categories & Transfers window or use the pop-up category list in the account registers. Quicken’s categories are the key to tracking your spending.