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| In microsoft.public.money, phantomguitarist wrote: - quote - > I have one account where money is paid into to which some of it is transfered
One way is to choose one date or the other for the transfer. That is> out to another account at a different institue. My question is, that when > transfering money between 2 banks there is a 3-5 day transfer period, how can > i record this in Money? > For example if money was transferred from one account on the 17th but didn't > appear until the 20th and I tried to record this as a transfer (as opposed to > credit/debit) money would only accept one date which would have to be the > same in each account. > Any ideas? simplest. Another is to create a suspense account. I have one I call In Transit, and I named it a "cash or other" account. Change each of the transactions into transfer to/from that account. That account will normally have a zero balance except while funds are in transit. |
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| I have one account where money is paid into to which some of it is transfered out to another account at a different institue. My question is, that when transfering money between 2 banks there is a 3-5 day transfer period, how can i record this in Money? For example if money was transferred from one account on the 17th but didn't appear until the 20th and I tried to record this as a transfer (as opposed to credit/debit) money would only accept one date which would have to be the same in each account. Any ideas? |
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