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| In microsoft.public.money, Stan wrote: - quote - > I have used QBooks and Quicken for years, but have never used any automatic
First, I would go to the Advanced register, where I have my> or downloaded information until now. Due to a hard drive crash I figured I > would try something new for my personal financial stuff. (nothing ventured, > nothing gained) Money Deluxe 2006 sucessfully downloaded almost all my > accounts and their balances. My questions are: > My adjusted balance is way off my actual bank balance. I know about the > cleared check stuff, but is additional information downloaded during the > monthly statement cycle? Or do I need to back up and enter the last few > weeks of deposits and withdrawls so I balance on my computer, and mark them > as cleared manually? I guess what I am asking is: Do I need to initially set > up Money as I would initially set up an account with non-downloaded > information, and get everything in balance before I turn everything over to > being automatically updated? transactions visible. Assuming you are not going to enter all of the transactions from the beginning of that account, you will either want to put in the starting balance that corresponds to what you had at the time where the listed transactions started, or add a transaction that pre-dates the other transactions with that value. I would tend for the compensating transaction. - quote - > I also have one account (out of four) that did not download a balance from
Sometime you do, but not in this case. If the transactions are> the bank. It picked up all the other information - account numbers, ect., > but no recent transactions or balances. > Do I need to tell my bank that I now want online statements? there, the balance computed by Money should match the bank balance once you have entered the initial balance information. Compare with your paper statement or web statement to figure the appropriate value. - quote - > Any help greatly appreciated. Thanks. > Stan |
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| I have used QBooks and Quicken for years, but have never used any automatic or downloaded information until now. Due to a hard drive crash I figured I would try something new for my personal financial stuff. (nothing ventured, nothing gained) Money Deluxe 2006 sucessfully downloaded almost all my accounts and their balances. My questions are: My adjusted balance is way off my actual bank balance. I know about the cleared check stuff, but is additional information downloaded during the monthly statement cycle? Or do I need to back up and enter the last few weeks of deposits and withdrawls so I balance on my computer, and mark them as cleared manually? I guess what I am asking is: Do I need to initially set up Money as I would initially set up an account with non-downloaded information, and get everything in balance before I turn everything over to being automatically updated? I also have one account (out of four) that did not download a balance from the bank. It picked up all the other information - account numbers, ect., but no recent transactions or balances. Do I need to tell my bank that I now want online statements? Any help greatly appreciated. Thanks. Stan |
| Tags |
| balance, ect, info, money, monthly, statement |
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