To add note to that, CoA has ability to display different types of totals (Present, Total, Cleared, Reconciled, etc) which gives good picture of balances .. not so nice "at a glance view" but it does the job ...
-----Original Message----- From: Sherlock <[email protected]> Sent: Tuesday, December 02, 2025 3:05 PM To: [email protected] Subject: Re: [GNC] How to setup a Scheduled Transaction for full current Credit Card Balance? Hi Tom, We were never a fan of Quicken showing the reminders in account registers. As I recall, there were numerous issues when the functionality was introduced. Instead, we relied on the Quicken's "projected balances" views, which is why I favored using the Balance Forecast report in GnuCash when we migrated. Regards, Sherlock On 12/2/25 1:58 AM, Tom Route36 wrote: > Hi David, > > I just want to clarify how Quicken's Bill Reminders actually work. > Quicken doesn't PREDICT anything. What it does is it sets the amount > of each Reminder to be the CURRENT balance of each Credit Card > account. The current balance is exactly that -- it's the balance of > the transactions that have actually been ENTERED into the Credit Card > account -- nothing more. It doesn't predict future transactions that > haven't yet been entered. > > When a user creates a Bill Reminder in Quicken, only three basic items > are needed (although there are several other optional bells and > whistles if a user wants them). The three basic items are: [1] The > PAYER account (e.g., Checking), [2] The PAYEE account (e.g., The > Credit Card company), and [3] The payment DUE DATE. That's it. Nothing more. > > When the user opens the PAYER account register, there's a list there > of all upcoming Bill Reminders, typically (depending on user > preference) for the next 7-10 days. Each Reminder lists three key > pieces of > information: [A] The payment DUE DATE (same as item 3 above), [B] The > PAYEE account (same as item 2 above), and [C] the CURRENT AMOUNT of > the Payee account. That item C here is exactly as described in my > first paragraph above. It's simply the current account balance of the > Payee account, updated in real-time. Nothing more. And it's the key > piece of information that's not available for Scheduled Transactions in > GnuCash. > Yes it's available when looking at the balances on the Accounts tab. > I know that. But what's missing is that the current real-time account > balance isn't available as a variable for the Scheduled Transactions. > > I understand that there are workarounds, and that the info is > ultimately available. But the Bill Reminders in Quicken are much more > user- friendly and keep the amounts up-to-date in real time; whereas > the amounts for Scheduled Transactions in GnuCash are static and don't > show a true picture of what will be due to each payee as the due date > approaches. > > I hope this helps clarify the Quicken vs. GnuCash differences here, as > well as what I'd hope to see available someday in GnuCash. > > Tom > > > On 12/2/2025 1:19 AM, David T. via gnucash-user wrote: >> This was what I was proposing with the reconcile/pay process. >> >> Quicken apparently predicts how much money a user plans to spend and >> tells you what it thinks you are going to owe based on the scheduled >> (i.e., hypothetical) transaction. GnuCash, however, follows a more >> traditional accounting path and only tells you about transactions >> (past, present and future) that you have entered into the books. >> >> Personally, I don't need that Quicken-type of prediction; if I need >> to project my accounts in the future, I will create the necessary >> transactions (past, present and future) to allow me to adjudge the >> financial status. It might be in the OP's best interest to look at >> some of these other suggestions to achieve their goal, albeit in a >> different manner than Quicken's. >> >> On 12/2/2025 7:35 AM, Stan Brown (using GC 4.14) wrote: >>> On 2025-12-01 18:00, Sherlock wrote: >>>> The running balances in the account don't include scheduled >>>> transactions and the only known date of a balance on Accounts tab >>>> is today (present). >>>> So, No. In my opinion, they don't suffice. >>> But do they need to be _scheduled_ transactions? When my credit card >>> statement comes in, I check it against my records, then enter a >>> transaction dated on the day the payment will be made, since I now >>> know the exact amounts. That keeps both my checking account and my >>> credit card account up to date for all past _and_ known future >>> transactions. So I can look at either account's register and see >>> what the balance will be on any desired date. >>> >>> Stan Brown >>> Tehachapi, CA, USA >>> https://BrownMath.com _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
