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Old 02-10-2008, 03:39 PM
Taylor
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Default Re: changing withdrawal date in epay


"wgoldfarb" <wgoldfarb[at]discussions.microsoft.com> wrote in message
news:3DEC4C79-340C-4EA8-B6C4-E588F8B145CC[at]microsoft.com...
- quote -

> I am starting to use Money Plus Deluxe to pay my bills online through my
> bank's bill paying service. The way my bank's service works is that I
> specify
> the date *when payment is due* (instead of the date I want the funds
> withdrawn). The bank sends the payment with enough advance time so that it
> is
> paid by the date I entered. This lead time varies by payee, so it is not
> always the same.
> When paying bills in Money, however, Money automatically subtracts a few
> days from the date I enter to calculate a withdrawal date, and sends the
> payment to my bank with this withdrawal date instead of the date i
> specified
> in the bill. The result is that payments are being sent a few days earlier
> than I specify when I enter a bill. Is there a way to make it so that
> Moneys'
> withdrawal date is the same date I enter when paying a bill (i.e. to
> prevent
> money from subtracting those few days when I enter a bill). I could not
> find
> a setting within Money to do this. Is there some other setting (liek a
> registry setting) that would allow this?


It works differently for my bank. When I pay the bill in epay, Money
deducts the bill amount from my balance right away. The bank withdraws the
money from my account 4 days before the due date to allow for sending the
money by mail. I cannot change this in Money. The only way would be to
extend the due date 4 days.

  #-1  
Old 02-09-2008, 04:11 PM
wgoldfarb
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Posts: n/a
Default changing withdrawal date in epay

I am starting to use Money Plus Deluxe to pay my bills online through my
bank's bill paying service. The way my bank's service works is that I specify
the date *when payment is due* (instead of the date I want the funds
withdrawn). The bank sends the payment with enough advance time so that it is
paid by the date I entered. This lead time varies by payee, so it is not
always the same.

When paying bills in Money, however, Money automatically subtracts a few
days from the date I enter to calculate a withdrawal date, and sends the
payment to my bank with this withdrawal date instead of the date i specified
in the bill. The result is that payments are being sent a few days earlier
than I specify when I enter a bill. Is there a way to make it so that Moneys'
withdrawal date is the same date I enter when paying a bill (i.e. to prevent
money from subtracting those few days when I enter a bill). I could not find
a setting within Money to do this. Is there some other setting (liek a
registry setting) that would allow this?
 

Tags
changing, date, epay, withdrawal
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