<weikelp[at]gmail.com> wrote in message news:3655e087-f4f7-4a62-8b18-79e2dcb9dd63[at]f63g2000hsf.googlegroups.com...

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Payments made as a transfer to a credit card account in normal use are not a budget event, but are cash flow events. The budget event happened when you used the credit card account.

Payments made as a transfer to a credit card account which is dormant and included in Debt Reduction Plan are budget events. By nature of being DRP payments they are included in the 'Debt' section of the budget, and you cannot change that.

Payments made as a transfer to a credit card account for which the 'include in budget planner' box is not checked, are budget events characterized as 'transfers out of budget'. You cannot control that, and it does not provide any budget detail as to the actual sources of your expenses.

Payments made using the "credit card payment" expense category tracks the payment as an aggregate expense. The credit card itself is not tracked.

I recommend the first approach for credit cards you're actively using for expenses, and the second for cards you're not using but are paying off. I don't recommend the third or fourth approach for anything.
--
Chris Cowles
Gainesville, FL

So, how does everyone deal with the monthly budget tracker if you
catagorize your CC payment as a transfer?

I have my CC payments catagorized as a transfer, but when I do an
autobudget, the amount being transfered to my CC account does not show
up as an expense. I would like it to appear that way so that I can
fit that "payment" into my monthly budget. Is there anyway to keep
the payment catagorized as a transfer and still have it show up as a
monthly budget expense?

Paul

Thanks Susan

That did the trick! ! ! :-)

-Mike

"harrelsonesq" wrote:

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Where you're going wrong is in using the "credit card payment" *expense*
category. You should probably delete it so you won't be tempted.

Instead, scroll all the way down to the *special* categories. You will see
choices such as Transfer:[your credit card account] and Credit Card
Payment:[your credit card account]. Using either of these will do what you
want.

Susan
"Mike" <Mike[at]discussions.microsoft.com> wrote in message
news:74614056-81A9-4C15-8A67-853BB970F930[at]microsoft.com...
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Thanks all for your responses.

I guess where I'm getting confused is here:
Consider the following scenerio...

I use on-line banking and BillPay with Money Plus H&B.

Let's say I go to my bank and have them transfer some funds from account A
to account B (remember this is not done from within Money), and then go home
and then download my latest info from by bank within Money. Money seems to
have a difficulty assigning categories to these types of transactions. To
account A the transaction appears as an Expense type. This seems to me to be
correct. However, Money does not seem to know of a category to assign to the
transaction that appears in account B. The only types of transaction types
supported are Expense and Income. Should I assign the transaction in account
B as type Income? My confusion comes from the fact that it really isn't
"Income" is it? It just a transfer of funds. There really is no "Income" it
appears to me. :-/

Anyway, does this make any sense?
What category type "Income", "Expense", should be assigned to the
transaction in account B?

Thanks again everyone for your help. :-)

-Mike
"Mike" wrote:

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Track your spending in the CC account register and record your monthly
payment as a transfer from the current account to the CC account.

Even if you do clear your cc card each month it is worth using the Debt
Reduction Planner as that sets up bill reminders and so on.

--
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.

"Mike" <Mike[at]discussions.microsoft.com> wrote in message
news:76B1009C-D164-46DC-9C78-E2A47D66B39D[at]microsoft.com...
- quote -

"Mike" <Mike[at]discussions.microsoft.com> wrote in message
news:76B1009C-D164-46DC-9C78-E2A47D66B39D[at]microsoft.com...
- quote -

Money treats almost all of your accounts the same for categorization
purposes. Categories in a credit card account and a checking account will
all appear in a categories report.

I categorize my credit card expenses in the credit card account register.

They are transfers from my checking account to my credit card account.

I enter my budget categories on the credit card charges.
--ron

Hi all:

I maintain both my checking and creidt card accounts in money.
When I make a payment from my checking account to the credit-card company I
categorize that transaction using Credit Card Payments as an expense.

But how do I categorize the transaction on the credit-card account side. The
transaction is neither an expense nor income.

Ideas?

Thanks

-Mike