Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
 
Old 04-15-2005, 02:42 AM
Russell
Guest
 
Posts: n/a
Default RE: MS Money CC Positive Balance Issue

I have this same problem. I use HSBC Bank and the integration is truly
seamless. However, my credit card has a positive balance just like my
checking account. This makes no sense on the Account List because it adds
both together as my total account balance. There can't be any way that this
is by design. Is there a patch for this? A workaround? Anything?

Russell

"Joe Dirt" wrote:

- quote -

> It's been asked hundreds of times: When I create a credit card account
> and begin to import statements, my accounts show up in the accounts list
> with positive balances. The result is an incorrect Total Account
> Balance. This is dumb
> Before someone flames me off the list, I have been googling this for
> some time now. I've read several pages worth of search results. The
> only thing that I see consistently (from a couple of MVPs and other
> frequent posters) is along these lines: "It's supposed to be like that.
> Look at the account detail, and you'll see the correct amount that you
> owe."
> This is all well and good, but so far I haven't found a single person
> who can explain to me why Money fails to correctly calculate the Total
> Account Balance which, as near as I can tell, is the entire purpose of
> the program.
> Does anyone else agree that the Total Account Balance is a useless
> figure if you have to manually calculate the *real* TAB from the *make
> believe* TAB every single time you use Money?
> Does anyone happen to know why this is the way that it is?
> My own problems aside, I'm really hoping that countless millions of
> development dollars weren't wasted because someone used a '+' instead of
> a '-'...
> Thanks,
> Joe

  #-1  
Old 02-28-2005, 08:25 PM
Joe Dirt
Guest
 
Posts: n/a
Default MS Money CC Positive Balance Issue

It's been asked hundreds of times: When I create a credit card account
and begin to import statements, my accounts show up in the accounts list
with positive balances. The result is an incorrect Total Account
Balance. This is dumb

Before someone flames me off the list, I have been googling this for
some time now. I've read several pages worth of search results. The
only thing that I see consistently (from a couple of MVPs and other
frequent posters) is along these lines: "It's supposed to be like that.
Look at the account detail, and you'll see the correct amount that you
owe."

This is all well and good, but so far I haven't found a single person
who can explain to me why Money fails to correctly calculate the Total
Account Balance which, as near as I can tell, is the entire purpose of
the program.

Does anyone else agree that the Total Account Balance is a useless
figure if you have to manually calculate the *real* TAB from the *make
believe* TAB every single time you use Money?

Does anyone happen to know why this is the way that it is?

My own problems aside, I'm really hoping that countless millions of
development dollars weren't wasted because someone used a '+' instead of
a '-'...

Thanks,

Joe
 

Tags
balance, issue, money, positive
Similar Threads
Thread Forum Replies Last Post
Loan account showing with a positive balance
wkelly73: I have a car loan with Bank One and when Money auto-updates the balance it shows as a positive figure. I also have a credit card through Bank One so...
Microsoft Money 3 12-29-2004 08:04 PM
Balance issue
Rodger Markwell: I have Money05, I download transactions directly from my bank. This was working fine, balance in money matched the balance at the bank. Once I...
Microsoft Money 2 11-18-2004 01:49 AM
Has anyone ever gotten POSITIVE cash flow?
Ion Control: I have no idea why, but Money has NEVER indicated a positive cash flow in the graphs. It seems to completely ignore deposits, paychecks, etc. Over...
Microsoft Money 4 09-22-2004 04:18 AM
positive credit card balance
pierre: everytime I download my statement from my credit card money shows it as a positive balance and adds it to my total balance. How can I enter the...
Microsoft Money 1 04-29-2004 04:00 PM
Re: Auto Balance - Monthly Paper Statement issue
Jim Johnson: I think you are missing the whole point. Downloading from your bank and using the auto balance feature is suppose to eliminate the need to balance...
Microsoft Money 8 10-08-2003 02:11 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 07:57 AM.