Well after a long hard battle with Quicken, I think I finally have it figured out.  After much reading of the help file (most applications help systems have come a long way!) and reading/posting on their support forum, it is working!  I am also thankful that it looks like it was actually worth the hours spent getting it to work as it certainly beats the Excel spreadsheet I was using for budgeting.

If I can pass on one huge ‘n helpful tip for you Bank of America people (such as me) it is this: Do NOT sign up for their one step update during Quicken’s install as it will mess up your accounts and place transactions from one account in another and vice versa.  Instead, I would highly recommend performing the following steps to save you a bunch of time.  (after you have installed it)

1. Create your individual accounts in Quicken (savings, checking etc)
2. Log in to your B of A account online
3. Go to each account that created in quicken (ie checking, savings etc)
4. Download the Quicken file
5. Open it with the Quicken tool
6. It will automatically import to each account

Do this with all of your accounts as it will save you hours of headaches trying to get the account set up within Quicken. I believe it is primarily a Bank of America issue as their computer systems are ancient. (especially if you are a member in WA or ID). 

If you want a little more detail on the problem I encountered, Read the rest of this entry »