I'm not sure how (if) it works through Yodlee, but banks supporting direct
billpay match automatically.

DietRite wrote:
- quote -

What BoA does is to assign a "check no" to the transaction to aid in the
matching. The match however is not fool proof and one must verify
that if does match it correctly. I accepted a download without
switching the match and found that I had to delete the download and then
manually download to get it to match. Could not delete the unmatched
entry in the checking account as it would have messed up the register
that is used to go back and see what pas paid online.

BoA also charges for the privilege of the automatic download and the
bill pay. Free if one manually downloads OFX files and uses web bill
pay. I however was keeping sufficient money in BoA that was able to
make a minor change as to where the money was placed and qualify for
free account. Even got a free safety deposit box out of the deal so it
turned out reasonable.

DietRite wrote:
- quote -

one further query--

if it works this way, one entry, then what happens when you later download
the all entries from the bank? would all entries match automatically? or
do problems arise because of different names etc.?



"Art McClinton" <art[at]nova.org> wrote in message
news:RjZPe.20306$hp.10903[at]lakeread08...
- quote -

many thanks. my bank charges an extra $8 per month for the billybay using
money or quicken, while offering a free online billpay service itself. i'll
have to figure out if that worth the price of admission.


"Art McClinton" <art[at]nova.org> wrote in message
news:RjZPe.20306$hp.10903[at]lakeread08...
- quote -

Yes it works this way. I enter the payment manually in MM06 in my case
MM06 then uploads the payment to my BoA Bill pay. Prior to MM06 I would
do as you say of going to BoA website and paying the bill there and then
either wait for the download to MM05 or enter it manually in MM05.

This is not a Quicken news group but the answer is yes to them as well.

DietRite wrote:

- quote -

Can someone tell me if it's possible to have online bill pay work this way?

(1) I enter the payment manually in MM06
(2) MM06 uploads the payment to my bank's online bill pay function and
enters it.
(3) Or: MM06 uploads (by itself) the entered payment to MSN Online Banking
and enters it.

Thus I have entered the payment exactly ONCE and it is done.

For years I have been entering duplicate payments, one in my banks internet
based online banking program, and one in MS Money.

I have thought of JUST entering the payments in my online banking acct and
then having them automatically downloaded into Money, but this doesn't let
me see pending payments in money (though I can see them at the bank's site).

Also (finally) does anyone know if this can be done in Quicken 06?

Thanks