How to think about Category and Account when moving over from Quicken

gbonawitz's Avatar


28 Jan, 2023 03:58 PM

I've recently moved over from Quicken, and am still trying to get the hang of things w/r/t how MD does it.

One thing that I keep running into is how to think about "Category" and "Account". In Quicken, both were... recorded (?- for lack of a better word)... as the same thing in Quicken's "Category" field, e.g. "Bank: Interest" (to represent receiving interest) or "[Account XX]" to represent a transfer to account "Account XX".

If you look at the attached screenshot I have two MD windows showing the same transaction from different POVs...
- The top one shows looking at records for "Interest Income"
- The bottom one shows a Interest Income transaction from one of my investing accounts.

In the top window you can see that the name of the account shows in the "Category" field. However, in the bottom screenshot the "Category" field shows a value of "Interest Income".

If MD treats Accounts and Category as separate things, then shouldn't perhaps the "Category" field in the top window instead state "Account"? Or am I thinking about all of this wrong? :-)

  1. 1 Posted by Stuart Beesley ... on 28 Jan, 2023 04:10 PM

    Stuart Beesley (Mr Toolbox)'s Avatar

    In MD, a category is actually an account.....

    Always enter transactions into accounts and then enter the category in the category field..

    try NOT to ever view / adjust txns from a category register - you will likely get into a mess.

    You can also enter an account in the category field to transfer from one account to another..

  2. 2 Posted by Stuart Beesley ... on 28 Jan, 2023 04:11 PM

    Stuart Beesley (Mr Toolbox)'s Avatar

    So, don't do the top view (interest income), use the 2nd view (Greg's IRA)

Reply to this discussion

Internal reply

Formatting help / Preview (switch to plain text) No formatting (switch to Markdown)

Attaching KB article:


Already uploaded files

  • 2023-01-28_10_42_41-Window.png 47.2 KB

Attached Files

You can attach files up to 10MB

If you don't have an account yet, we need to confirm you're human and not a machine trying to post spam.

Keyboard shortcuts


? Show this help
ESC Blurs the current field

Comment Form

r Focus the comment reply box
^ + ↩ Submit the comment

You can use Command ⌘ instead of Control ^ on Mac