When Quicken downloads transactions, it guesses at what the spending categories should be if you don't have one or more categories set up for a payee. Setting up memorized payees makes manually entering transactions faster and ensures that the correct categories are associated with downloaded transactions.
LAN. noun. A system that links together electronic office equipment, such as computers and printers, and forms a network within an office, building, or group of buildings. l(ocal) a(rea) n(etwork) .
A computer network is a set of connected computers. Computers on a network are called nodes. The connection between computers can be done via cabling, most commonly the Ethernet cable, or wirelessly through radio waves.