On 18 Apr 2006 22:25:51 -0700, "Igor Okulist" <okigan[at]gmail.comwrote:

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Maybe I'm not understanding your situation fully, but what I do is
just record the transfer in it's respective account BEFORE I download
the information from the bank. It matches in both the source and
destination account when I do download and everything is cool.

Jim

I may have found a way to make Money work the way I like.

Just to recap: the problem to me is the way "Transfer:" works in ms
money is that it affects transaction(s) in both source and destination
account - which causes mismatches on the next download (in at least
one of the accounts).

Proposed work around:
*Create a hypothetical account. I'll call it "Ether Account"
which will hold funds being in transfer
*Every time I instruct a bank to make an ACH from source account I will
record it as a transfer _into_ "Ether Account"
*Every time the money actually lands in the destination account, I will
record it as transfer _from_ "Ether Account"


Pros:
*Maintains the record integrity between money register(s) and bank
register
*Budget should work correctly
Cons:
*Extra account


Anybody sees any other negatives or caveats?

Thanks,
Igor

Losing the accounting integrity provided by the matched single transaction
to preserve one relatively meaningless date that will surely be reflected on
the paper statement seems a very odd choice to make. But suit yourself.

"Igor Okulist" <okigan[at]removethishotmail.com> wrote in message
news:87mUf.49470$F_3.33715[at]newssvr29.news.prodigy.net...
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"Igor Okulist" <okigan[at]removethishotmail.com> wrote in message
news:87mUf.49470$F_3.33715[at]newssvr29.news.prodigy.net...
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Many years ago I used a personal finance program from Parsons Technology
called MoneyCounts. It did what you wanted - it allowed recording the
posting date separate from the recording date. But it still showed the same
transaction date in both sides of the transfer accounts. It did not sort by
the stored posting date.

The detail of that information could be useful, but I'm personally not
willing to spend more time anguishing over its absence. My credit card
payments are made before the due date. That, and the amount, are all I
really care about.

How does this differ from not being able to record the entry date vs. the
posting date of a check in your checking account? Like payments to a credit
card, you get to pick from one of two dates. Either one you pick is wrong,
from the other perspective.
--
Chris Cowles
Gainesville, FL

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least
it is clear what's possible what's not.

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keep
the information.

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guess
that is the solution for duplicate entries in budget.

But overall you are right -- the consequences of money's match are
unacceptable.

Thanks,
Igor

"Igor Okulist" <okigan[at]removethishotmail.com> wrote in message
news:%23erXG4gTGHA.5908[at]TK2MSFTNGP14.phx.gbl...
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Yes, this topic has been beaten to death, but you apparently are unwilling
to accept the choices available to you, or their consequences.

Your only choice within Money's design is to match them. That is how you
mark a relationship between the two transactions. Not matching them creates
duplicate expenses in the budget.

Yes, you 'lose information'. Choose whether you want the checking account
transaction date, or the credit card transaction date. You cannot have both,
and still have a link that you can right-click on to go to the other
account.

Perhaps recording the posting date of one account in the memo field could
partially satisfy your expectations?
--
Chris Cowles
Gainesville, FL

This topic has been beaten to death -- though refuses to go away.

Cal, although I can reproduce the steps you specify, that solution
does not make sense to me.

For clarity I'll try to repeat the scenario: I am paying for a credit
card from a bank account (or transferring from bank account to
another bank account)

There are two transactions/actions taking place:
1) Deduction of funds from bank account
2) Credit/Deposit of funds into credit card account/another bank account

*Matching* them looks like a mistake seems it erases information. For
example it looses the date of the transaction (of either deduction or
deposit).

So while I would like to have them automatically correlated to each other
they are not identical. So that brings to a new question:

How to mark a relationship between two transactions?
So that I could right click on one and find the related one in the other
account.

Thanks,
Igor



--

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:qpc322di4l179h9cqberu1e2fuo63jbe47[at]4ax.com...
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In microsoft.public.money, Siddhesh Karmali wrote:

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When you process the first transaction of the credit card
payment, set the category as a transfer to the other ( credit card
or bank account), or use the equivalent "SPECIAL Credit Card
Payment" category. When you process the second transaction,Money
should match it. Be careful to not just Accept if Money did not
find the match on its own for some reason. Click Change and match
it to the transfer you already made if Money did not match it for
you. I would consider this the classic of the ways I like. Note
that for this you would *not* use the Money 2005 "EXPENSE Credit
Card Payment". Instead you should consider deleting that "EXPENSE
Credit Card Payment" to avoid confusion.

To fix the ones you already processed, void/delete one transaction,
and change the other to a transfer.

One more question...

I notice that Money automatically downloads the same transaction twice from
two different accounts. For example, if I'm paying my credit card bill via
the checking account, it will appear twice under two different accounts.

How do I link the two transactions?

thanks!