If making the payment electronically, you must use a payee name.

One option is the use of brackets, to suppress certain information from the online payee. E.g., "HBSC" for recording the interest, vs "HBSC {credit card payment}" for paying the bill.

"Michael Gordon" <gordonm[at]denison.edu> wrote in message news:uisDgITqHHA.1208[at]TK2MSFTNGP05.phx.gbl...
- quote -

If you leave the payee field blank on a transfer , it will populate with
"transfer totheraccount). This is what I prefer to do.

--
Michael Gordon


"Andy Leese" <andytl[at]lycos.com> wrote in message
news:ccednenMS5rLpPXbnZ2dnUVZ8qminZ2d[at]bt.com...
- quote -

In microsoft.public.money, Andy Leese wrote:

- quote -

I would say that "normal" would be to have that credit card payment
be a Transfer. As such, the Payee field is not so important.

You might want to consider un-ticking the ShowTransactionForms in
the register. See which way you like better.


- quote -


There is more than one good way to download your credit card
data and have also the payment downloaded from a checking account.
Here is the classic way, and the one you would probably want to use:

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.

I am running Microsoft Money 2005:

I have a Current account and a Credit Card account with HSBC. I therefore
have a Payee 'HSBC Bank plc', which I enter in the 'Pay To' text box when
entering a transaction going from my Current account to my Credit Card
account. I also use exactly the same Payee to enter Interest payments in
various different accounts.

Is it normal to use the same Payee for many different purposes? Is there a
standard way of organising this... Would it be usual to split all the
Payee's into HSBC Credit Card (for all credit card payments and interest)
and HSBC Bank plc for Interest payments and possible Bank services and
charges?

I want to try and create a good structure for organising my Money file and
would value any advice by the hardened Microsoft Money user.

Kind Thanks

Andy