Re: Credit Card Balance showing up as income by Tagman
Tagman
Fri May 28 21:10:50 CDT 2004
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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@discussions.microsoft.com> wrote in message =
news:1413701c44483$bc1517c0$a501280a@phx.gbl...
I've "fixed" this 2-3 times, but MONEY 2004 continues to=20
send me back with the same problem. There appears to be a=20
bug with my software as my Credit Card shows my charges=20
as income and my credits as expenses. I downloaded my=20
statements and doublechecked to make sure everything is=20
in the right column.
As some points, the account balances the credits/charges=20
perfectly with the account following proper math. At=20
other times, it reverses the two and actually says I have=20
more money when I spend it.
Any thoughts on how I can get rid of this. It really=20
throws of my Account List page. One of my credit cards=20
reflects the proper balance while the other one says my=20
charges on it are paying the othe account (which it=20
can't).
Thanks to anyone who helps!
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>When you check the details screen of =
your credit=20
card accounts - does it say "credit" for the type of =
account?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>On the ledger, the columns should be =
titled charge=20
and credit - yes?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>The charge column is used for expenses =
- the credit=20
is used for payments and returns - yes?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Are you transferring funds from a bank =
account to=20
payoff your credit card balances?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Are you detailing each transaction =
manually prior=20
to downloading?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Do the downloaded transactions properly =
match the=20
manually entered transactions?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Don't reply on the download to enter =
and properly=20
classify transactions - do the work yourself 1st.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV>"Rick" <<A=20
=
href=3D"mailto:anonymous@discussions.microsoft.com">anonymous@discussions=
.microsoft.com</A>>=20
wrote in message <A=20
=
href=3D"news:1413701c44483$bc1517c0$a501280a@phx.gbl">news:1413701c44483$=
bc1517c0$a501280a@phx.gbl</A>...</DIV>I've=20
"fixed" this 2-3 times, but MONEY 2004 continues to <BR>send me back =
with the=20
same problem. There appears to be a <BR>bug with my software as my =
Credit Card=20
shows my charges <BR>as income and my credits as expenses. I =
downloaded my=20
<BR>statements and doublechecked to make sure everything is <BR>in the =
right=20
column.<BR><BR>As some points, the account balances the =
credits/charges=20
<BR>perfectly with the account following proper math. At <BR>other =
times, it=20
reverses the two and actually says I have <BR>more money when I spend=20
it.<BR><BR>Any thoughts on how I can get rid of this. It really =
<BR>throws of=20
my Account List page. One of my credit cards <BR>reflects the proper =
balance=20
while the other one says my <BR>charges on it are paying the othe =
account=20
(which it <BR>can't).<BR><BR>Thanks to anyone who=20
helps!</BLOCKQUOTE></BODY></HTML>
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