|
#1
| |||
| |||
| Normal best practices (assuming this is the first use of the card, you are not using Money Essentials (MEss), and are using M04 or earlier or M05-7 with Advanced Register and Advanced Bills): 1) Create a Credit Card Account, with $0 initial balance. You don't even have to associate the account with a Financial Institution. 2) Enter a transaction in that account, amount $1,200, category Leisure : HDTV (or whatever). 3) Schedule a $50 monthly Transfer transaction from the account you will use to pay the bills transferring to the new credit card account. You can even set this transfer series to run out after 24 increments. You might even want to set the transfer up for 23 installments of $52.18. That way you better assure you do not overrun the end date and end up paying interest for the entire balance for the entire time. "Lendsly" <Lendsly[at]discussions.microsoft.com> wrote in message news:4EFEB63B-9176-4D0A-B267-0143B9A12C3B[at]microsoft.com... - quote - > Hi, I have bought something with my credit card in 24 installments > (interest > free), the total sum is $1200 and i would pay $50 each month, how should i > input these data in Money? Thanks! |
| | |||
| |||
| You input a charge in your credit card account of 1200 dollars and schedule a bill transfer of 50 dollars each month from the current account to the cc account. -- Regards Bob Peel, Microsoft MVP - Money For UK tips & fixes see http://support.microsoft.com/default...d=fh;EN-GB;mny. I do not respond to any emails that I have not specifically asked for. "Lendsly" <Lendsly[at]discussions.microsoft.com> wrote in message news:4EFEB63B-9176-4D0A-B267-0143B9A12C3B[at]microsoft.com... - quote - > Hi, I have bought something with my credit card in 24 installments > (interest > free), the total sum is $1200 and i would pay $50 each month, how should i > input these data in Money? Thanks! |
|
#-1
| |||
| |||
| Hi, I have bought something with my credit card in 24 installments (interest free), the total sum is $1200 and i would pay $50 each month, how should i input these data in Money? Thanks! |
| Tags |
| card, credit, input, installments, payments |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Credit Card payments brigytalex@yahoo.com: I have a friend with a small business that is just getting off the ground. He does not yet have a credit card. I'm using my card to make purchases... | Microsoft Money | 6 | 07-26-2006 05:12 PM | |
| Credit Card Payments Mike 'Flyin'8': I have a question that I hope someone can answer... I put almost all expenses every month to a credit card then every payday I pay off the... | Microsoft Money | 6 | 02-26-2006 04:18 PM | |
| Credit Card Payments Scoop: I have a credit card account and I have two payment transactions. One was downloaded and categorized, the other entered manually. The one entered... | Microsoft Money | 2 | 01-18-2006 07:53 PM | |
| credit card payments Steve Roebuck: Why don't my credit card payments scheduled under "bills and deposits" show up on my budget? Also, I'm leasing a car for the first time. Is it... | Microsoft Money | 4 | 01-19-2005 12:53 AM | |
| Thread Tools | |
| Display Modes | |
| |