In microsoft.public.money, epenthomson2002[at]yahoo.com wrote:

- quote -

I assume that you are asking how to best handle this kind of
situation so that it shows up properly in reports rather than an
expense and an income.

Since you have already processed both this time, I would change one
into a SPECIAL Transfer, and Delete/Void the other.

In the future,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 "EXPENSE Credit Card
Payment". I would Delete that category.

There is more than one way, but the method described it the classic
method.

When I make a payment from my Bank to Amex credit card and balance - it
shows up as 2 transactions.

When I download the transactions from each account, this is what I see:

In Bank of America statement:
11/29/06 AMERICAN EXPRESS;DES=ELEC REMIT
$500.00

In American Express Statement, it comes out as:
11/30/06 COMPUTER PAYMENT RECEIVED - THA
$500.00

So eventually money shows as if I paid $1,000 to Amex

How do I balance these 2 transactions?


Epen