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Quicken 2014 For Dummies by Stephen L. Nelson

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Chapter 2

Introduction to the Big Picture

In This Chapter

arrow Distilling Quicken to its very essence

arrow Setting up additional bank accounts

arrow Adding, removing, and modifying categories

arrow Understanding tags

Before you spend a bunch of time on Quicken, you have to understand the big picture. You need to know what Quicken can do. You need to know what you want to do. And, as a practical matter, you need to tell Quicken what you want it to do.

Boiling Quicken Down to Its Essence

When you boil Quicken down to its essence, it does six things:

check.png It lets you track your tax deductions.

This feature makes preparing your personal or business tax return easier for you or your poor accountant, Cratchit.

check.png It lets you monitor your income and outgo either onscreen or by using printed reports.

Usually this stuff is great fodder for discussions about the family finances. And, if you’re running a business or investing ...

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