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Old 12-03-2003, 01:31 PM
Dick Watson
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Posts: n/a
Default Re: Credit Card Accounts

"Transfer" and "Credit Card Payment" work mostly the same, just "Credit Card
Payment" delays when the user figures out how this is all supposed to work.

"Kent Riesen" <Kent Riesen [at] Eureka, CA> wrote in message
news:eg5OxzZuDHA.2448[at]TK2MSFTNGP09.phx.gbl...
- quote -

> When you pay the bill, it is a category "transfer" from your account
> checking to account First USA.



  #2  
Old 12-03-2003, 01:18 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: Credit Card Accounts

In microsoft.public.money, Monica wrote:

- quote -

> My credit card accounts are downloaded directly from my
> financial institutions, so each transaction is entered in
> the account register and assigned a category. When I pay
> my monthly bills, I enter the credit card information in
> my checking account register and in the payee section I
> enter First USA Credit Card and in the Category Section,
> I enter Credit Card Payment: First USA.


Good.

- quote -

> When I try to analyze my spending, the reports I run show
> the amount of the credit card payment from my checking
> account as income. Is this right?


In the account details for the checking account and the credit card
account, be sure that "Include this account in the budget planner"
is checked.

You might do Customize-> Reset of the report if it may have been
customized.


- quote -

> I am having the hardest
> time getting all my categories accurately assigned and
> tracking! I also have indicated that all the transactions
> in the Charity category should be assigned to Schedule A
> for tax purposes, but those that are paid by credit card
> don't show up on my tax planner. I'm soooo confused. Can
> anyone help? I would love to take a class, but none I
> haven't found any in my area. (I live in the northwest
> suburbs of Chicago.)


  #1  
Old 12-03-2003, 12:56 PM
Kent Riesen
Guest
 
Posts: n/a
Default Re: Credit Card Accounts

When you pay the bill, it is a category "transfer" from your account
checking to account First USA.

"Monica" <monica.keane[at]comcast.net> wrote in message
news:080701c3b953$a22454e0$a101280a[at]phx.gbl...
My credit card accounts are downloaded directly from my
financial institutions, so each transaction is entered in
the account register and assigned a category. When I pay
my monthly bills, I enter the credit card information in
my checking account register and in the payee section I
enter First USA Credit Card and in the Category Section,
I enter Credit Card Payment: First USA.

When I try to analyze my spending, the reports I run show
the amount of the credit card payment from my checking
account as income. Is this right? I am having the hardest
time getting all my categories accurately assigned and
tracking! I also have indicated that all the transactions
in the Charity category should be assigned to Schedule A
for tax purposes, but those that are paid by credit card
don't show up on my tax planner. I'm soooo confused. Can
anyone help? I would love to take a class, but none I
haven't found any in my area. (I live in the northwest
suburbs of Chicago.)

HELP ANYONE!!!


 
Old 12-03-2003, 06:24 AM
Tony
Guest
 
Posts: n/a
Default Credit Card Accounts

I have very similar problems. I have credit cards
automatically downloading into money. I then make my
online payments from my checking account. How should I
have my Credit cards assigned on the debit end and also
on the credit end. What category should I use when paying
them through the checking account and what category
should I use when registering them in the credit card
statement? Thanks for any help....
- quote -

> -----Original Message-----
> My credit card accounts are downloaded directly from my
> financial institutions, so each transaction is entered

in
> the account register and assigned a category. When I pay
> my monthly bills, I enter the credit card information in
> my checking account register and in the payee section I
> enter First USA Credit Card and in the Category Section,
> I enter Credit Card Payment: First USA.
> When I try to analyze my spending, the reports I run

show
> the amount of the credit card payment from my checking
> account as income. Is this right? I am having the

hardest
> time getting all my categories accurately assigned and
> tracking! I also have indicated that all the

transactions
> in the Charity category should be assigned to Schedule A
> for tax purposes, but those that are paid by credit card
> don't show up on my tax planner. I'm soooo confused. Can
> anyone help? I would love to take a class, but none I
> haven't found any in my area. (I live in the northwest
> suburbs of Chicago.)
> HELP ANYONE!!!
> .

  #-1  
Old 12-03-2003, 04:12 AM
Monica
Guest
 
Posts: n/a
Default Credit Card Accounts

My credit card accounts are downloaded directly from my
financial institutions, so each transaction is entered in
the account register and assigned a category. When I pay
my monthly bills, I enter the credit card information in
my checking account register and in the payee section I
enter First USA Credit Card and in the Category Section,
I enter Credit Card Payment: First USA.

When I try to analyze my spending, the reports I run show
the amount of the credit card payment from my checking
account as income. Is this right? I am having the hardest
time getting all my categories accurately assigned and
tracking! I also have indicated that all the transactions
in the Charity category should be assigned to Schedule A
for tax purposes, but those that are paid by credit card
don't show up on my tax planner. I'm soooo confused. Can
anyone help? I would love to take a class, but none I
haven't found any in my area. (I live in the northwest
suburbs of Chicago.)

HELP ANYONE!!!
 

Tags
accounts, card, credit
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