Thank you Dick and Cal. I think I have it now. You were both very helpful.
--
In health and fitness, Steve


"Dick Watson" wrote:

- quote -

You might also want to see if http://umpmfaq.info/faqdb.php?q=147 provides
some insight into what you are experiencing.

In microsoft.public.money, shattuck wrote:

- quote -

Here are two ways I like:

1. 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.

2. In method 2, don't handle credit card payments as transfers or
the pre-defined "Credit Card Payment Instead create one category of
"CC payment" or some such. If you define the category as an
expense category, expect a warning when you use it to represent the
payment within the credit card account -- if you have the warning
enabled. Just click Yes in response to the warning. The category
should net at zero in reports across accounts, and you can still
customize to ignore the category if you like. For this method you
could use the Money "EXPENSE Credit Card Payment".

See http://umpmfaq.info/faqdb.php?q=53. See if that helps and then report
back here...

"shattuck" <justdoit.shattuck[at]verizon.net> wrote in message
newsD56235F-7000-448C-B3A0-D6303BF857D3[at]microsoft.com...
- quote -

This will probably be a most stupid question. I've been using Money/Quicken
for years but I've just started using the reports and planning. On income
and spending reports, for example I am getting my expenses inflated when I
use a charge card. Here's an example.
I get my car repaired for $100 and pay for it with my credit card. I then
enter that transaction as a car repair that cost $100.
I then pay via checking account, $100 to the credit card company.
So now it looks like I've paid $200 and my auto expense for the time period
was $200. What in the heck am I overlooking?
--
In health and fitness, Steve