> If I buy an gas with my credit card, then I assign that transaction in > my credit card account to my automobile bucket. When I pay that off > with my checking account (using a transfer assuming I track both > accounts), I don't assign a bucket to either side of the transfer. If > I did, I'd be spending the same amount twice. > > If I have a balance on my credit card when I start using MoneyWell, > then I assign a bucket (mine is Debt Repayment) only to the > transaction on the checking account side. This is done because I am > spending the money on debt reduction.
Still working on wrapping my head around this. Let me ask another question about the actual payment. When I write a check to the CC company, how would you account for it the various amounts? Do you split XXX from debt repayment and not categorize the rest? Are you writing 2 checks? Not questions the theory, but looking for implementation. Thanks. Jaysen --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
