Brokerage Checking & Bill Pay

#1 12-28-2007, 12:48 PM

JB,

Thanks. Your assessment is right on and that is how I have them set-up, just
wanting to see if I missing something.

Have a great day!

Pete

"johnbusc[at]hotmail.com" wrote:

- quote -

> On Dec 27, 10:56 pm, Pb <P...[at]discussions.microsoft.com> wrote:
> > I have a Brokerage acct with check writing that has been set up on the MSN
> > bill pay site and it is now showing within Money as well. Is it possible to
> > "connect" them and still maintain the download of all my brokerage activity?
> If your brokerage acct is one account within Money and the billpay
> acct linked to it is a separate account, then I would recommend you
> leave it as such.
> Continue to download your brokerage activity as you do now. As bills
> are paid through MSN, your balance in the billpay account will go
> negative. When these payments post to your brokerage account you can
> categorize each transaction as a transfer to the billpay account.
> This should balance the billpay account to zero each month.
> Hope this helps!
> Regards,
> JB

12-28-2007, 08:12 AM

On Dec 27, 10:56*pm, Pb <P...[at]discussions.microsoft.com> wrote:
- quote -

> I have a Brokerage acct with check writing that has been set up on the MSN
> bill pay site and it is now showing within Money as well. Is it possible to
> "connect" them and still maintain the download of all my brokerage activity?

If your brokerage acct is one account within Money and the billpay
acct linked to it is a separate account, then I would recommend you
leave it as such.

Continue to download your brokerage activity as you do now. As bills
are paid through MSN, your balance in the billpay account will go
negative. When these payments post to your brokerage account you can
categorize each transaction as a transfer to the billpay account.
This should balance the billpay account to zero each month.

Hope this helps!

Regards,
JB

#-1 12-28-2007, 02:56 AM

I have a Brokerage acct with check writing that has been set up on the MSN
bill pay site and it is now showing within Money as well. Is it possible to
"connect" them and still maintain the download of all my brokerage activity?
I am running MM+ Deluxe 08.

Thanks,

Pete

Similar Threads
Thread	Forum	Replies	Last Post
Bill Pay out of Brokerage Cash Account DJ Kurlander: Hello All - I tried to set up Bill Pay, but it would only allow me to set it up for an account tagged as a checking account. Well - I've got...	Microsoft Money	2	11-17-2006 04:34 PM
MSN BILL PAY and Regular Checking John H: I am using MSN BILL PAY and of course have a regular checking account linked to the BILL PAY account. In MONEY 2005, there are two separate...	Microsoft Money	4	01-19-2005 09:20 PM
Money 2005 - Can't merge MSN Bill Pay Account with Checking Account Brian McCarty: I upgraded my money 2004 file to money 2005. I then turned off MSN Bill Pay and set up my accounts to be accessed on the web. After...	Microsoft Money	6	10-24-2004 04:11 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode