Overview
In some cases, transactions may be incorrectly linked to recurring transaction reminders. This can happen even if the transaction amount doesn’t match the reminder, or if you have several bills from the same company and they get matched to the wrong reminder.
To improve accuracy and reduce manual corrections, Quicken Simplifi includes an Amount Matching feature for recurring transactions. This functionality allows users to define which transactions should be linked to specific reminders, ensuring consistent and reliable tracking.
How Amount Matching Works
All match criteria options consider the following details: date, payee, category, series type, and transaction amount.
Quicken Simplifi will first try to match your recurring transactions by payee name. Quicken Simplifi will honor your Amount Matching settings only when both of the following are true:
the downloaded transaction has the same payee name
and the date is within 10 days before or after the recurring transaction’s date.
When honoring the Amount Matching settings, Quicken uses the original recurring series amount, not the specific reminder amount.
Note: In some situations, based on the date, payee, category, or series type, that match criteria setting may be overridden so the app can still find a likely match.
Match Criteria Options
Auto Match: Quicken Simplifi automatically links transactions based on predefined logic. This may work well for common bills, but it may not always be accurate.
Any Amount: Links any transaction with a matching payee name, regardless of the amount. Useful for bills like utilities or credit cards that vary monthly.
Exact Amount: Only links transactions that match a specific dollar amount. Ideal when the payee is used for multiple types of expenses.
Limited Range: Allows a 30% variance (15% above and 15% below) around the set amount. Helpful for subscriptions or bills that fluctuate slightly over time.
Amount Matching for Credit Card Payments
For credit card payments, set them as recurring transactions under each credit card account in Quicken Simplifi and set Amount Matching to Auto Match.
When Quicken Simplifi detects a posted payment (money going toward your balance rather than a new charge), it automatically links it to your credit card reminder, regardless of payee or amount.
This works as long as the transaction date falls between 26 days before and 15 days after the due date.
Enable Amount Matching
You can enable Amount Matching for any existing or new Recurring Series — a transaction that occurs at a regular frequency and is tracked in Quicken Simplifi.
Instructions for Web App:
Click the ⚙️Settings icon in the upper-right corner.
Select All Recurring.
Locate the Recurring Transaction you'd like to edit and click the three-dot menu on its far right.
Select Edit series.
Select the match criteria that you prefer.
Click Update when done.
Instructions for the Mobile App:
Tap the Menu (three-line icon).
Select Settings and then tap Recurring Series.
Locate the Recurring Series you'd like to edit and tap the three-dot menu on its far right.
Select Edit Series.
Select the match criteria that you prefer.
Tap Update when done.
If you're looking for more information on recurring transactions, please see our article Managing Recurring Transactions.
If you have any questions or need help importing your transactions into Quicken Simplifi, reach out to our support team. Or start a live chat by clicking on the blue messenger icon in the bottom-right corner of the screen.