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Old 12-23-2003, 12:46 AM
Dale Benson
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Default Re: Double Counting Transaction from Credit Card and Bank Account

Dan,
The transaction from your bank account to your credit card should be a
Transfer (as opposed to a categorized spending of funds).

Dale


"Dan M" <anonymous[at]discussions.microsoft.com> wrote in message
news:01df01c3c8d8$ff982cc0$a601280a[at]phx.gbl...
- quote -

> Would appreciate some thoughts. Seems to me that since I
> have my credit card and bank account downloaded to Money
> I am double counting transactions.
> Example: I spend $5 on credit card at Grocery Store. I
> log that into MONEY accordingly.
> Then I pay from my bank account $5 to credit card
> company. When it comes to logging it into bank record,
> seems as though I am double counting expense.
> Any thoughts on how to get around this? Thank you in
> advance.



  #-1  
Old 12-22-2003, 09:14 PM
Dan M
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Posts: n/a
Default Double Counting Transaction from Credit Card and Bank Account

Would appreciate some thoughts. Seems to me that since I
have my credit card and bank account downloaded to Money
I am double counting transactions.

Example: I spend $5 on credit card at Grocery Store. I
log that into MONEY accordingly.

Then I pay from my bank account $5 to credit card
company. When it comes to logging it into bank record,
seems as though I am double counting expense.

Any thoughts on how to get around this? Thank you in
advance.
 

Tags
account, bank, card, counting, credit, double, transaction
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