BillPayment Schedule Question?

#8 11-18-2006, 08:49 PM

In microsoft.public.money, JF wrote:

- quote -

> "Marilyn & Bob" wrote:
> > <snip> > Hi, I need help with a slightly different question. Recently, my bill pay lead time changed to 5 days. It did this automatically and I assume that it is based upon some information that was downloaded from my bank. For example, Money used to warn me that bill would not be paid for 3 business days after I paid it on line through Money and then posted it to the account with the date that I sent the payment to my bank. Now it will only post it to my account on a date that is five days after I sent the electronic transaction to my bank.
> Is this setting controlled by my bank? Is there any way to change the lead
> time?

That value is set by the bank, and sometimes the bank will change
that. I understand Wachovia Bank changed their lead time recently.

#7 11-18-2006, 06:54 PM

I just found the setting that fixes this: Tools/Settings/Online Settings -
uncheck the line that says "Enter electronic payments with the processing
date". You can read more about it by finding this entry in the Help Text:
"Electronic payments are entered into the account register using the
processing date". It showed up when I search on "Due Date"

"JF" wrote:

- quote -

> "Marilyn & Bob" wrote:
> > Yes, it will tell you on the Bill Summary page. "This electronic payment
> > must be sent in 'n' days" along with the actual Due date.
> > --
> > Peace,
> > BobJ
> > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
> > > thanks Dan,
> > > > > I don't want it to record, I want it to show that last day that is
> > > possible
> > > to send it electronicly as the due date, even though the real due date is
> > > a
> > > few days away. Does that make sense?
> > > > > TW
> > > > > "Dan" wrote:
> > > > > > In Bills & payment, you can set it to record as many days before payment
> > > > as
> > > > you wish.
> > > > For instant if the bill is due on the 6th of the month, you can set it to
> > > > show payment on the 1st of the month. (Reminder to self).
> > > > > > > Dan
> > > > > > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > > > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > > > I am looking at switching from the Q to ms money, but I would like to
> > > > > know
> > > > > how Money handles Billpay payments. Does it take into account the back
> > > > > processing time?
> > > > > > > > > For example, if a bill is scheduled to be do on 8/31 and the bank need
> > > > > 4
> > > > > days to process the payment, when does money say the bill is due? on
> > > > > the
> > > > > 8/31 or 8/27?
> > > > > > > > > Thanks
> > > > > > > > > TW
> > > > > > > > > > > > Hi, I need help with a slightly different question. Recently, my bill pay lead time changed to 5 days. It did this automatically and I assume that it is based upon some information that was downloaded from my bank. For example, Money used to warn me that bill would not be paid for 3 business days after I paid it on line through Money and then posted it to the account with the date that I sent the payment to my bank. Now it will only post it to my account on a date that is five days after I sent the electronic transaction to my bank.
> Is this setting controlled by my bank? Is there any way to change the lead
> time?
> Thanks
> J

#6 11-18-2006, 06:44 PM

The same thing just happened to me. I DON'T want the money yanked out of my
account on Nov 27, but Dec 1!! I sure hope somebody can help us!

"JF" wrote:

- quote -

> "Marilyn & Bob" wrote:
> > Yes, it will tell you on the Bill Summary page. "This electronic payment
> > must be sent in 'n' days" along with the actual Due date.
> > --
> > Peace,
> > BobJ
> > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
> > > thanks Dan,
> > > > > I don't want it to record, I want it to show that last day that is
> > > possible
> > > to send it electronicly as the due date, even though the real due date is
> > > a
> > > few days away. Does that make sense?
> > > > > TW
> > > > > "Dan" wrote:
> > > > > > In Bills & payment, you can set it to record as many days before payment
> > > > as
> > > > you wish.
> > > > For instant if the bill is due on the 6th of the month, you can set it to
> > > > show payment on the 1st of the month. (Reminder to self).
> > > > > > > Dan
> > > > > > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > > > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > > > I am looking at switching from the Q to ms money, but I would like to
> > > > > know
> > > > > how Money handles Billpay payments. Does it take into account the back
> > > > > processing time?
> > > > > > > > > For example, if a bill is scheduled to be do on 8/31 and the bank need
> > > > > 4
> > > > > days to process the payment, when does money say the bill is due? on
> > > > > the
> > > > > 8/31 or 8/27?
> > > > > > > > > Thanks
> > > > > > > > > TW
> > > > > > > > > > > > Hi, I need help with a slightly different question. Recently, my bill pay lead time changed to 5 days. It did this automatically and I assume that it is based upon some information that was downloaded from my bank. For example, Money used to warn me that bill would not be paid for 3 business days after I paid it on line through Money and then posted it to the account with the date that I sent the payment to my bank. Now it will only post it to my account on a date that is five days after I sent the electronic transaction to my bank.
> Is this setting controlled by my bank? Is there any way to change the lead
> time?
> Thanks
> J

#5 11-18-2006, 12:01 PM

"Marilyn & Bob" wrote:

- quote -

> Yes, it will tell you on the Bill Summary page. "This electronic payment
> must be sent in 'n' days" along with the actual Due date.
> --
> Peace,
> BobJ
> "wired" <wired[at]discussions.microsoft.com> wrote in message
> news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
> > thanks Dan,
> > > I don't want it to record, I want it to show that last day that is
> > possible
> > to send it electronicly as the due date, even though the real due date is
> > a
> > few days away. Does that make sense?
> > > TW
> > > "Dan" wrote:
> > > > In Bills & payment, you can set it to record as many days before payment
> > > as
> > > you wish.
> > > For instant if the bill is due on the 6th of the month, you can set it to
> > > show payment on the 1st of the month. (Reminder to self).
> > > > > Dan
> > > > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > > I am looking at switching from the Q to ms money, but I would like to
> > > > know
> > > > how Money handles Billpay payments. Does it take into account the back
> > > > processing time?
> > > > > > > For example, if a bill is scheduled to be do on 8/31 and the bank need
> > > > 4
> > > > days to process the payment, when does money say the bill is due? on
> > > > the
> > > > 8/31 or 8/27?
> > > > > > > Thanks
> > > > > > > TW
> > > > > > > Hi, I need help with a slightly different question. Recently, my bill pay lead time changed to 5 days. It did this automatically and I assume that it is based upon some information that was downloaded from my bank. For example, Money used to warn me that bill would not be paid for 3 business days after I paid it on line through Money and then posted it to the account with the date that I sent the payment to my bank. Now it will only post it to my account on a date that is five days after I sent the electronic transaction to my bank.

Is this setting controlled by my bank? Is there any way to change the lead
time?

Thanks

J

#4 08-26-2005, 11:27 PM

Just to be clear, you do have to go to the Bill Summary page. The notices
on the Home Page of Money relate to the Due date. While you can choose how
much in advance of the Due date the bill shows on the Home Page, the send
date is not relevant in this alert.
--
Peace,
BobJ

"wired" <wired[at]discussions.microsoft.com> wrote in message
news:A9E9E7FD-87CE-4241-80FB-F623EBC727A7[at]microsoft.com...
- quote -

> Thanks, thats what I wanted, looks like I will be switching.
> TW
> "Marilyn & Bob" wrote:
> > Yes, it will tell you on the Bill Summary page. "This electronic payment
> > must be sent in 'n' days" along with the actual Due date.
> > --
> > Peace,
> > BobJ
> > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
> > > thanks Dan,
> > > > > I don't want it to record, I want it to show that last day that is
> > > possible
> > > to send it electronicly as the due date, even though the real due date
> > > is
> > > a
> > > few days away. Does that make sense?
> > > > > TW
> > > > > "Dan" wrote:
> > > > > > In Bills & payment, you can set it to record as many days before
> > > > payment
> > > > as
> > > > you wish.
> > > > For instant if the bill is due on the 6th of the month, you can set it
> > > > to
> > > > show payment on the 1st of the month. (Reminder to self).
> > > > > > > Dan
> > > > > > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > > > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > > > I am looking at switching from the Q to ms money, but I would like to
> > > > > know
> > > > > how Money handles Billpay payments. Does it take into account the
> > > > > back
> > > > > processing time?
> > > > > > > > > For example, if a bill is scheduled to be do on 8/31 and the bank
> > > > > need
> > > > > 4
> > > > > days to process the payment, when does money say the bill is due?
> > > > > on
> > > > > the
> > > > > 8/31 or 8/27?
> > > > > > > > > Thanks
> > > > > > > > > TW
> > > > > > > > > > >

#3 08-26-2005, 04:13 PM

Thanks, thats what I wanted, looks like I will be switching.

TW

"Marilyn & Bob" wrote:

- quote -

> Yes, it will tell you on the Bill Summary page. "This electronic payment
> must be sent in 'n' days" along with the actual Due date.
> --
> Peace,
> BobJ
> "wired" <wired[at]discussions.microsoft.com> wrote in message
> news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
> > thanks Dan,
> > > I don't want it to record, I want it to show that last day that is
> > possible
> > to send it electronicly as the due date, even though the real due date is
> > a
> > few days away. Does that make sense?
> > > TW
> > > "Dan" wrote:
> > > > In Bills & payment, you can set it to record as many days before payment
> > > as
> > > you wish.
> > > For instant if the bill is due on the 6th of the month, you can set it to
> > > show payment on the 1st of the month. (Reminder to self).
> > > > > Dan
> > > > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > > I am looking at switching from the Q to ms money, but I would like to
> > > > know
> > > > how Money handles Billpay payments. Does it take into account the back
> > > > processing time?
> > > > > > > For example, if a bill is scheduled to be do on 8/31 and the bank need
> > > > 4
> > > > days to process the payment, when does money say the bill is due? on
> > > > the
> > > > 8/31 or 8/27?
> > > > > > > Thanks
> > > > > > > TW
> > > > > >

#2 08-26-2005, 04:03 PM

Yes, it will tell you on the Bill Summary page. "This electronic payment
must be sent in 'n' days" along with the actual Due date.
--
Peace,
BobJ

"wired" <wired[at]discussions.microsoft.com> wrote in message
news:5BA7F3A5-3250-4CCD-A8C1-32C2C2E13947[at]microsoft.com...
- quote -

> thanks Dan,
> I don't want it to record, I want it to show that last day that is
> possible
> to send it electronicly as the due date, even though the real due date is
> a
> few days away. Does that make sense?
> TW
> "Dan" wrote:
> > In Bills & payment, you can set it to record as many days before payment
> > as
> > you wish.
> > For instant if the bill is due on the 6th of the month, you can set it to
> > show payment on the 1st of the month. (Reminder to self).
> > > Dan
> > > "wired" <wired[at]discussions.microsoft.com> wrote in message
> > news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > > I am looking at switching from the Q to ms money, but I would like to
> > > know
> > > how Money handles Billpay payments. Does it take into account the back
> > > processing time?
> > > > > For example, if a bill is scheduled to be do on 8/31 and the bank need
> > > 4
> > > days to process the payment, when does money say the bill is due? on
> > > the
> > > 8/31 or 8/27?
> > > > > Thanks
> > > > > TW
> > >

#1 08-26-2005, 01:43 PM

thanks Dan,

I don't want it to record, I want it to show that last day that is possible
to send it electronicly as the due date, even though the real due date is a
few days away. Does that make sense?

TW

"Dan" wrote:

- quote -

> In Bills & payment, you can set it to record as many days before payment as
> you wish.
> For instant if the bill is due on the 6th of the month, you can set it to
> show payment on the 1st of the month. (Reminder to self).
> Dan
> "wired" <wired[at]discussions.microsoft.com> wrote in message
> news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
> > I am looking at switching from the Q to ms money, but I would like to know
> > how Money handles Billpay payments. Does it take into account the back
> > processing time?
> > > For example, if a bill is scheduled to be do on 8/31 and the bank need 4
> > days to process the payment, when does money say the bill is due? on the
> > 8/31 or 8/27?
> > > Thanks
> > > TW

08-26-2005, 06:54 AM

In Bills & payment, you can set it to record as many days before payment as
you wish.
For instant if the bill is due on the 6th of the month, you can set it to
show payment on the 1st of the month. (Reminder to self).

Dan

"wired" <wired[at]discussions.microsoft.com> wrote in message
news:708304D0-B0EC-43B5-B712-DD16109CD220[at]microsoft.com...
- quote -

> I am looking at switching from the Q to ms money, but I would like to know
> how Money handles Billpay payments. Does it take into account the back
> processing time?
> For example, if a bill is scheduled to be do on 8/31 and the bank need 4
> days to process the payment, when does money say the bill is due? on the
> 8/31 or 8/27?
> Thanks
> TW

#-1 08-26-2005, 01:39 AM

I am looking at switching from the Q to ms money, but I would like to know
how Money handles Billpay payments. Does it take into account the back
processing time?

For example, if a bill is scheduled to be do on 8/31 and the bank need 4
days to process the payment, when does money say the bill is due? on the
8/31 or 8/27?

Thanks

TW

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