Overview
Recurring Transactions are payments or deposits that happen regularly—like rent, subscriptions, or paychecks. They help you stay on top of bills and regular income. Quicken Simplifi can automatically track these for you, so you never miss a payment or forget a deposit.
How Does It Work?
After connecting your bank accounts in Quicken Simplifi, the app automatically detects your recurring transactions and creates a series of them. These series serve as grouped reminders, allowing you to view upcoming transactions easily.
When you download new transactions, Quicken Simplifi looks for matches to your recurring items based on specific criteria. You can find any unmatched or upcoming transactions as reminders in the Projected Cash Flow view at the top of your account registers, or within the Bills & Income section.
Create a Recurring Transaction
If you have a recurring transaction that Quicken missed, you can easily create the new Series yourself in the All Recurring section.
Hover over the left panel and click the Settings icon.
Select All Recurring.
Click the + Series button in the upper right.
Choose the transaction you'd like to use to create a series, and click on it.
Click Create. Quicken Simplifi automatically pre-fills the Series data—Date, Payee, Category, and Amount—based on the transaction you select.
Note: To modify the pre-filled data, simply click on the Edit Series button.
If you're unable to locate the transaction you'd like to use to create a Series, you can click on the Add Manually button. Ensure all required fields are completed before clicking Create to save your Recurring Transaction.
If you are using Quicken Business & Personal you can create a Series of Recurring Transactions for your business accounts and associate them by selecting the relevant business from the profile dropdown to the left of the category.
Create a Recurring Transaction Through the Transaction View:
Hover over the left panel and click Transactions.
Locate the recurring transaction you'd like to use to create a Series, hover over it, and then click the three-dot icon at the end of it.
Select Create new recurring.
Ensure the pre-filled data is correct and make any changes that are needed.
Click Create when done.
When going through the Transaction View to create a Recurring Transaction, you'll be given a few different options:
Mark as one-time bill – This option doesn’t create a Recurring Transaction Series, but it does ensure that this transaction is included in the Bills section in the Spending Plan.
Create new recurring – It will create a Series using the same Payee, Date, Category, and Amount of the transaction; you'll be given the opportunity to make adjustments before saving.
Link to existing recurring – This option is useful when a downloaded transaction didn’t match a Reminder of a Recurring Transaction Series. Selecting this option will allow you to link the transaction to the Reminder and will also increase the likelihood that it will match correctly next time.
Edit a Single Reminder in a Series
Editing a single reminder of a recurring transaction series allows you to change basic details such as the Category, Type, Tags, Name, Account, and Match Criteria. The Frequency & Occurrence tab lets you adjust the frequency, start & end date, and specific days.
You can edit a specific instance of a recurring transaction (Reminder) through the Bills & Income view at the top of your register:
Hover over the left panel and select Transactions.
Locate the Reminder you'd like to edit and click the three-dot icon at the end of it.
Click Edit Reminder.
Make the necessary changes and click Update when done.
Edit a Recurring Transaction Series
If you need to make edits to an entire Recurring Transaction Series, you can do so through the Recurring section:
Hover over the left panel and click the Settings icon.
Select All Recurring.
Locate the Recurring Transaction you'd like to edit and click the three dots at the end of it.
Select Edit series.
Make the necessary changes and click Update when done.
Dismiss or Delete a Single Reminder in a Series
To remove a single reminder within a recurring transaction series, use the "Dismiss" option. This deletes only the selected instance, not the entire series.
You can remove a single reminder in a series by navigating to the Reminders section located at the top of the Transactions view:
Hover over the left panel and click Transactions.
At the top, locate the Reminder you'd like to delete and click the three-dot icon in the upper-right corner.
Select Dismiss reminder.
Click Dismiss Reminder to confirm.
Delete a Recurring Transaction Series
If you need to delete an entire Recurring Transaction Series, you can do so through the Recurring section:
Hover over the left panel and click the Settings icon.
Select All Recurring.
Locate the Recurring Transaction you'd like to delete and click the three-dot icon at the end of it.
Select Delete series.
Click Delete to confirm.
End a Recurring Transaction Series
Ending a Recurring Transaction Series is a great option to use for loans that have been paid off, for services you're no longer using, etc. Using this option allows you to keep the historical data for the Recurring Series, but it will no longer be active.
Note: Ending a Recurring Transaction Series cannot be undone.
Hover over the left panel and click the Settings icon.
Select All Recurring.
Locate the Recurring Transaction you'd like to end and click the three-dot icon at the end of it.
Select End series.
Click End Series to confirm.
Quicken Simplifi will learn more and more about your Recurring Transactions over time, meaning less work for you in the future!
Manually Match a Downloaded Transaction to a Reminder
Quicken Simplifi usually does a great job matching your downloaded transactions to the correct reminders. But sometimes, it might miss the mark.
If you see a transaction that should be matched—but the reminder still shows as "Past"—you can fix it manually:
Click the three-dot icon to the upper right of the "Past" Reminder.
Select Link to transaction.
Locate the matching transaction and click on it.
Click Link.
When you link a Recurring Reminder to a downloaded transaction in Quicken Simplifi, the reminder is removed from the Reminders view. Doing so also improves the likelihood that future transactions will be matched correctly.
Frequently Asked Questions
Learn the answers to frequently asked questions for this topic!
How do I handle Recurring Reminders being matched with differing amounts?
How do I handle Recurring Reminders being matched with differing amounts?
If you have Recurring Reminders that are being mistakenly matched with differing amount transactions, you can utilize Amount Matching to control which transactions are linked to reminders through exact amount or amount range options. Check out our support article on Amount Matching for Recurring Transactions for more details!
What's the difference between Bills and Subscriptions?
What's the difference between Bills and Subscriptions?
When it comes to Bills versus Subscriptions, it's entirely up to you! However, we have some suggested uses available in our support article on What's the Difference Between Bills and Subscriptions?.
What do the colored icons for Reminders mean?
What do the colored icons for Reminders mean?
The different colored Reminders make it super easy to determine what each item is for, such as blue for a Bill and green for Income. Check out our support article on What Do the Colored Icons for Reminders Mean? for more details!
How do I enter a Bill for a prior month?
How do I enter a Bill for a prior month?
When creating a new Recurring Series through the Settings menu, Quicken Simplifi will only allow you to select the current or a future date. However, you can create a Bill for a past month from the transaction directly!
To do so, you'll want to locate the transaction from the prior month, select the three-dot icon at the end of it, and then select Mark as one-time bill. Once done, the Bill will be entered for the prior month!
If you're looking for specific steps for the mobile app, please refer to our article on Managing Recurring Transactions on the Mobile App.