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) .
Most networks consist of two major zonesâthe local area network (LAN) and the wide area network (WAN). A LAN is the internal network, whether it is a house with two computers or a high-rise office building with thousands doesnât matter. The WAN is the network outside the LAN; this is both other internal networks and the full Internet. A WAN port is the portal by which information passes back and forth between the LAN and the WAN. Most users will find a WAN port on a network router. A common home router has one WAN port and four LAN ports. Some routers refer to them as an uplink (for the WAN port) and wired connections (for LAN ports).