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Old 09-30-2008, 01:07 AM
Cal Learner-- MVP
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Posts: n/a
Default Re: Paying on a credit card in Money

In microsoft.public.money, Hugh Veal wrote:

- quote -

> I have a credit card account that I added to my account list and I pay it
> from another account in Money. Do I treat it as a transfer or do I treat it
> as a loan payment?


Not a loan payment.

When you first 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.

For existing transactions that are already accepted, convert one to
a transfer and Void/Delete the other.

If you don't see the SPECIAL Transfer category at the bottom of the
list, switch to advanced register. One way is
Tools-> Settings-> AccountSettings-> DisplayAllAccountsInTheAdvancedRegister
  #-1  
Old 09-30-2008, 12:55 AM
Hugh Veal
Guest
 
Posts: n/a
Default Paying on a credit card in Money

I have a credit card account that I added to my account list and I pay it
from another account in Money. Do I treat it as a transfer or do I treat it
as a loan payment?

 

Tags
card, credit, money, paying
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