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Old 09-15-2005, 11:23 PM
Chris Cowles
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Default Re: credit card payment based on statement period

The B in MYOB does not stand for 'Personal', which is what you're looking
for, I think. I doubt if it handles investment transactions well, but I
haven't seen it in years.

PWalker wrote:
- quote -

> Thanks for the response. I guessed right... Money isnt very functional;
> neither is Quicken. There doesnt seem to be a decent personal finance
> product on the market. Maybe MYOB?



  #1  
Old 09-15-2005, 01:26 PM
PWalker
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Posts: n/a
Default Re: credit card payment based on statement period

Thanks for the response. I guessed right... Money isnt very functional;
neither is Quicken. There doesnt seem to be a decent personal finance
product on the market. Maybe MYOB?


"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:%23gGbZDfuFHA.3628[at]TK2MSFTNGP14.phx.gbl...
- quote -

> Money only has one way to calculate a projected future payment rather than
> use a fixed value. That's called Debt Reduction Planner. It is not
> anywhere near as flexible as your requirements would need it to be.
> Providing a generalized grammar to calculate scheduled amounts based on
> other data--something somewhat Excel-like--has long been on many Money
> wish lists. Instead we get related links to great deal on home equity
> loans. Go figure.
> "PWalker" <pwalker[at]nospam.com> wrote in message
> news:%23iXFvcbuFHA.1256[at]TK2MSFTNGP09.phx.gbl...
> > Hi, I have MS 2006 Deluxe. I was wondering whether it was possible for
> > Money to set up a bill payment that transfers money from my savings
> > account to my credit card based on credit card expenditure during a
> > statement period, and have it make this transfer towards the end of my
> > interest free period.
> > > For example:
> > > Interest free days = 55

> > Statement starts: 14 July 05
> > Statement ends: 15 August 05
> > Closing balance at the end of the statement period: $800
> > Payment due by: 9 September 05
> > > So I want MS Money to calculate the balance at the end of the statement

> > period (i.e. at 15th August 05 i.e. $800) and set up a transfer of $800
> > from my savings account to my credit card account to take place on the 9
> > September 05.
> > > Is this possible? I want to do this for cash flow purposes.
> > > Note: I dont want the above process to interact with my online bank.
> > > Any help appreciated!



 
Old 09-15-2005, 12:27 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: credit card payment based on statement period

Money only has one way to calculate a projected future payment rather than
use a fixed value. That's called Debt Reduction Planner. It is not anywhere
near as flexible as your requirements would need it to be.

Providing a generalized grammar to calculate scheduled amounts based on
other data--something somewhat Excel-like--has long been on many Money wish
lists. Instead we get related links to great deal on home equity loans. Go
figure.

"PWalker" <pwalker[at]nospam.com> wrote in message
news:%23iXFvcbuFHA.1256[at]TK2MSFTNGP09.phx.gbl...
- quote -

> Hi, I have MS 2006 Deluxe. I was wondering whether it was possible for
> Money to set up a bill payment that transfers money from my savings
> account to my credit card based on credit card expenditure during a
> statement period, and have it make this transfer towards the end of my
> interest free period.
> For example:
> Interest free days = 55
> Statement starts: 14 July 05
> Statement ends: 15 August 05
> Closing balance at the end of the statement period: $800
> Payment due by: 9 September 05
> So I want MS Money to calculate the balance at the end of the statement
> period (i.e. at 15th August 05 i.e. $800) and set up a transfer of $800
> from my savings account to my credit card account to take place on the 9
> September 05.
> Is this possible? I want to do this for cash flow purposes.
> Note: I dont want the above process to interact with my online bank.
> Any help appreciated!



  #-1  
Old 09-15-2005, 05:34 AM
PWalker
Guest
 
Posts: n/a
Default credit card payment based on statement period

Hi, I have MS 2006 Deluxe. I was wondering whether it was possible for Money
to set up a bill payment that transfers money from my savings account to my
credit card based on credit card expenditure during a statement period, and
have it make this transfer towards the end of my interest free period.

For example:

Interest free days = 55
Statement starts: 14 July 05
Statement ends: 15 August 05
Closing balance at the end of the statement period: $800
Payment due by: 9 September 05

So I want MS Money to calculate the balance at the end of the statement
period (i.e. at 15th August 05 i.e. $800) and set up a transfer of $800 from
my savings account to my credit card account to take place on the 9
September 05.

Is this possible? I want to do this for cash flow purposes.

Note: I dont want the above process to interact with my online bank.

Any help appreciated!

cheers,
peter


 

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based, card, credit, payment, period, statement
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