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| I've been using the 'Let Money Debt Reduction Planner manage the account... ' approach for a few months, and it's OK (better than nothing showing up in the B&D screens). The DRP always adds a few dollars more, apparently for interest charges. I wish it was intelligent enough to know that when you have a zero balance and pay ontime, there is no finance change. Dick Watson wrote: - quote - > Unfortunately, there's no good way to do precisely what you want to do. > Several approaches: 1) Let Money Debt Reduction Planner manage the account > and project the payments. 2) Schedule an average payment **and then** let > the BP take all of your category spending for things likely to go on the > card and project them there. You may need to set the accounts for each > category or Money will sooner or later figure this out based on what account > you used to spend on the categories the last time. > "Tom Kawamura" <kawamura123[at]comcast.net> wrote in message > news:096101c42f05$133db690$3501280a[at]phx.gbl... > > Hi, > > > I would like for money to automatically reflect paying the > > balance of my credit card from within my banking account > > cash flow forecast and my credit card cash flow forecast. > > > For example, I have several payments and budget items which > > I exclusively use my credit card for. Since I pay off my > > credit card each month from my banking account, I would > > like for microsoft money to automatically show the credit > > card payments when it does the cash flow forecast. > > Likewise, if I display the cash flow forecast on my credit > > card, it should never display a positive balance. I want > > it to show all charges and payments but never to exceed zero. > > > The only way I have been able to figure out how to do this > > is to create a scheduled transfer of money from my banking > > account to my credit card account of my typical monthly > > bill from within the Bills & Deposits window. > > > The consequence of this is that a cash flow forecast of my > > credit card shows that it eventually reaches a ridiculously > > high positive balance. > > > Any suggestions how to better model this? > > > Thanks in advance, > > > Tom |
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| Unfortunately, there's no good way to do precisely what you want to do. Several approaches: 1) Let Money Debt Reduction Planner manage the account and project the payments. 2) Schedule an average payment **and then** let the BP take all of your category spending for things likely to go on the card and project them there. You may need to set the accounts for each category or Money will sooner or later figure this out based on what account you used to spend on the categories the last time. "Tom Kawamura" <kawamura123[at]comcast.net> wrote in message news:096101c42f05$133db690$3501280a[at]phx.gbl... - quote - > Hi, > I would like for money to automatically reflect paying the > balance of my credit card from within my banking account > cash flow forecast and my credit card cash flow forecast. > For example, I have several payments and budget items which > I exclusively use my credit card for. Since I pay off my > credit card each month from my banking account, I would > like for microsoft money to automatically show the credit > card payments when it does the cash flow forecast. > Likewise, if I display the cash flow forecast on my credit > card, it should never display a positive balance. I want > it to show all charges and payments but never to exceed zero. > The only way I have been able to figure out how to do this > is to create a scheduled transfer of money from my banking > account to my credit card account of my typical monthly > bill from within the Bills & Deposits window. > The consequence of this is that a cash flow forecast of my > credit card shows that it eventually reaches a ridiculously > high positive balance. > Any suggestions how to better model this? > Thanks in advance, > Tom |
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| Hi, I would like for money to automatically reflect paying the balance of my credit card from within my banking account cash flow forecast and my credit card cash flow forecast. For example, I have several payments and budget items which I exclusively use my credit card for. Since I pay off my credit card each month from my banking account, I would like for microsoft money to automatically show the credit card payments when it does the cash flow forecast. Likewise, if I display the cash flow forecast on my credit card, it should never display a positive balance. I want it to show all charges and payments but never to exceed zero. The only way I have been able to figure out how to do this is to create a scheduled transfer of money from my banking account to my credit card account of my typical monthly bill from within the Bills & Deposits window. The consequence of this is that a cash flow forecast of my credit card shows that it eventually reaches a ridiculously high positive balance. Any suggestions how to better model this? Thanks in advance, Tom |
| Tags |
| balance, card, cash, credit, flow, forecast |
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