Others may have a different experience, but in all my 64 years I have only found one small transaction that I think might have been wrong from the financial institution (30 or 40 years ago). People downloading transactions, without first manually entering everything, are checking that transactions in Quicken are in fact the same as what the financial institution has.People manually entering have the belief that they need to verify what the financial institution is posting.Manually entering everything and just downloading and reconcile implies two different goals. Bank reconciliations are the most common type of reconciliation. One of those sets of records is usually a financial account statement, the other is typically your company's accounting spreadsheet.

In accounting, reconcile means to compare two sets of documents to make sure they are in agreement. Reconciling is the process of ensuring that your records (Quicken's entries) are the same as the financial institutions. If one wants to be picky this statement isn't quite correct.

I enter everything manually because, otherwise, you're not really reconciling your accounts

Quicken 2017 home and business cd keys