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Old 05-29-2004, 02:10 AM
Tagman
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Default Re: Credit Card Balance showing up as income

When you check the details screen of your credit card accounts - does it say "credit" for the type of account?

On the ledger, the columns should be titled charge and credit - yes?

The charge column is used for expenses - the credit is used for payments and returns - yes?

Are you transferring funds from a bank account to payoff your credit card balances?
Are you detailing each transaction manually prior to downloading?
Do the downloaded transactions properly match the manually entered transactions?

Don't reply on the download to enter and properly classify transactions - do the work yourself 1st.

"Rick" <anonymous[at]discussions.microsoft.com> wrote in message news:1413701c44483$bc1517c0$a501280a[at]phx.gbl...
I've "fixed" this 2-3 times, but MONEY 2004 continues to
send me back with the same problem. There appears to be a
bug with my software as my Credit Card shows my charges
as income and my credits as expenses. I downloaded my
statements and doublechecked to make sure everything is
in the right column.

As some points, the account balances the credits/charges
perfectly with the account following proper math. At
other times, it reverses the two and actually says I have
more money when I spend it.

Any thoughts on how I can get rid of this. It really
throws of my Account List page. One of my credit cards
reflects the proper balance while the other one says my
charges on it are paying the othe account (which it
can't).

Thanks to anyone who helps!
  #-1  
Old 05-28-2004, 07:16 AM
Rick
Guest
 
Posts: n/a
Default Credit Card Balance showing up as income

I've "fixed" this 2-3 times, but MONEY 2004 continues to
send me back with the same problem. There appears to be a
bug with my software as my Credit Card shows my charges
as income and my credits as expenses. I downloaded my
statements and doublechecked to make sure everything is
in the right column.

As some points, the account balances the credits/charges
perfectly with the account following proper math. At
other times, it reverses the two and actually says I have
more money when I spend it.

Any thoughts on how I can get rid of this. It really
throws of my Account List page. One of my credit cards
reflects the proper balance while the other one says my
charges on it are paying the othe account (which it
can't).

Thanks to anyone who helps!
 

Tags
balance, card, credit, income, showing
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