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#3
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| "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. |
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#2
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| In microsoft.public.money, Monica wrote: - quote - > My credit card accounts are downloaded directly from my
Good.> 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. - quote - > When I try to analyze my spending, the reports I run show
In the account details for the checking account and the credit card> the amount of the credit card payment from my checking > account as income. Is this right? 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.) |
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#1
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| 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!!! |
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| 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!!! > . |
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#-1
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| 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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