I have my credit card as 0.00 When I spend money, I get a -xx.xx dollar amount, as I make payment, the negative balance decreases. Once its paid off, its back at 0. The only downfall here is that I can't see what my remaining credit is.
How does everyone else do it? Mark On Nov 30, 6:24 pm, johnp <[email protected]> wrote: > Kevin > > Thank you!! > > On Dec 1, 12:00 pm, Kevin Hoctor <[email protected]> wrote: > > > Since a credit card is a debit account (one with a negative balance), > > you need to change your starting balance transaction from a payment to > > a charge. That should fix your balance. > > > Peace, > > > Kevin Hoctor > > No Thirst Software LLChttp://nothirst.com > > > Sent from my iPhone > > > On Nov 30, 2008, at 4:30 PM, johnp <[email protected]> wrote: > > > > Hi > > > > I can see that this topic has been discussed in some detail, but I am > > > still really really confused by Credit Card accounts and how to > > > correctly set one up. > > > > I am just not sure what figure to enter in the 'balance' when I create > > > my new credit card account. As I see it there are three facets to such > > > an account: > > > > 1. The money that I currently owe on the card (say its $1000 (I wish:) > > > my bank calls this my Balance > > > 2. My credit limit (say its $3000) > > > 3. My Available Credit (which is the sum of 2-1 - in this case $2000) > > > > I assume that I enter my Balance in ($1000) when I create the account. > > > And then when I spend on the card I flag the transactions as "Charge", > > > this makes them negative numbers.... which makers perfect sense > > > > But, when I charge $100 to the credit card, my balance becomes $900. I > > > kinda think it should be $1,100.... > > > > Am I setting things up correctly? > > > > Many thanks > > > > Johnp --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
