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Old 01-15-2004, 05:57 AM
Cal Learner-- MVP
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Default Re: Tracking transfers between accounts (Money 2003 Deluxe)

In microsoft.public.money, Microsoft Money wrote:

- quote -

> I have two accounts (saving and checking) at my bank, and I have online
> banking through which I have setup an automatic weekly transfer from
> checking to saving account.
> Inside Money 2003, I have configured 2 accounts (checking and savings) to
> record transactions from my bank, I setup initial balances in both checking
> and saving, and imported all the relevant statements in each account. My
> problem is that when I try to set the "category of trasaction" in my
> checking account as a transfer to saving, it caused new transaction to be
> added in my savings account.
> This caused the increase in my balance in saving which is not true. I just
> want to associate two transactions one in checking, other in savings, so
> that catagorization can be correct in both, and it will not change the
> balance.


When you process the download of the first transaction, change the
category to Transfer. That will make it appear in both accounts.
When you process the second account, CHANGE the transaction to match
the existing transfer. That is to say, click the Change button and
select the transfer that you processed first.


  #-1  
Old 01-15-2004, 05:22 AM
Microsoft Money
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Posts: n/a
Default Tracking transfers between accounts (Money 2003 Deluxe)

Hello everyone,

I have two accounts (saving and checking) at my bank, and I have online
banking through which I have setup an automatic weekly transfer from
checking to saving account.

Inside Money 2003, I have configured 2 accounts (checking and savings) to
record transactions from my bank, I setup initial balances in both checking
and saving, and imported all the relevant statements in each account. My
problem is that when I try to set the "category of trasaction" in my
checking account as a transfer to saving, it caused new transaction to be
added in my savings account.
This caused the increase in my balance in saving which is not true. I just
want to associate two transactions one in checking, other in savings, so
that catagorization can be correct in both, and it will not change the
balance.


Any ideas how to resolve this, this is really annoying. Any help would be
kindly appriciated.

sincerely,


Anu


 

Tags
2003, accounts, deluxe, money, tracking, transfers
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