Ohio State University Extension Bulletin

Computerized Farm Record Keeping with Quicken® 2002

Bulletin 897-02


Data Entry

Example 7: Split Transactions using the Calculator

You write a check to Farm Supply of Anywhere for $3498.76 for the following corn inputs:

Bicep 15 gallons $589.54
18-46-0 5 tons $984.50
28% 500 gal. $670.31
Spirit 40 oz. $471.16
K20 5 tons $783.25
Total Due   $3,498.76
  3 items are Fertilizer/Corn
2 items are Chemicals/Corn
 

Num: Click on Num field, Click Next Check Num.
Date: Click the Date field. Use the calendar or +/- keys to set proper date.
Payee: Click on the Payee field. Click Farm Supply of Anywhere.
Payment: Click on the Payment field. Type 3498.76.
Category/Class: Click Split in the lower right hand corner of the transaction. The SPLIT TRANSACTION WINDOW will appear. Click the down arrow in the Category field on line 1, Click Fert & Lime, Type /c (for corn class), Click in the Memo field and Type 18-46-0 5T., 28% 500 Gal., K2O 5T., Click the calculator button in the Amount field, Click 984.50 + 670.31 + 783.25, Click = Enter on the calculator, Click Next, Click the down arrow in the Category field on line 2, Click Chemicals, Type /c (for corn class), Click in the Memo field and Type Bicep 15 Gal., Spirit 40 Oz., Click the calculator button in the Amount field, Click 589.54 + 471.16 Click Enter on the calculator, Click Next, Click OK.
Record: Click Enter.

**Note** The amount in Remainder: is 1060.70. This indicates that 1060.70 of the 3498.76 entered into the payment field needs to be categorized yet. In this example the second line would be Chemicals/Corn for category and 1060.70 in the amount column.


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