Does the account-specific Balance Type setting actually do anything?

bob303727

Hi,

I have some accounts that report a balance with pending transactions already debited; and, other accounts that report a balance preceding pending transactions.

It -appears- in both Simplifi documentation and in the user interface that you can tell Simplifi to interpret balances for individual accounts as with-pending or without-pending. HOWEVER … changing this setting for a given account under the Settings > Accounts screen neither changes its saved setting, nor alters what is actually shown on the home screen.

Unless I am mistaken, it appears that the home screen's displayed balances have to either be all bank-balance or balance-with-pending, and are governed by whatever Balance Type is selected under the options of the Accounts pane.

Am I missing something here? Is there another way to set a Balance Type for each individual account that I'm missing, so that the balances that pull up from different banks can be compared apples-to-apples?

Bob

Coach Jon

Hello @bob303727,

Thanks for reaching out! Quicken Simplifi gives you control by offering two options to view your account balance:

• Balance with Pending – shows cleared and pending transactions—both manual (dated today or earlier) and those that were downloaded—in your balance.
• Bank Balance (Default) – shows your exact bank balance, which may or may not include pending transactions (varies from each financial institution).

By navigating to Settings > Accounts and selecting Edit Account for each account you would like to change, you can change the Balance type; however, this will not take effect until the next successful refresh with the bank. So in this case, I would suggest waiting until the next refresh to see if that setting has changed for you. https://support.simplifi.quicken.com/en/articles/4202003-how-to-resolve-balance-discrepancies-in-quicken-simplifi

I hope this information helps!

-Coach Jon