On Feb 20, 2009, at 9:41 AM, Nordica wrote:

> yes, that does help... but it created a new transaction on my credit
> card acct rather than recognizing and matching the existing downloaded
> transaction of the payment. i.e. i now have two recorded transaction
> of the payment in my credit card acct.  It should detect the matching
> transaction without creating a new one...
>
Brett,

If you create this transfer before the credit card transactions are  
imported (which is likely because it will take time for that payment  
to post), MoneyWell should recognize it as a duplicate and allow you  
to merge the two. You can still select the two credit card  
transactions and merge them with the command in the Transactions menu.

> and if i understand the system correctly, neither transaction is
> assigned a bucket, only the transactions that make up the payment to
> the credit card, right?


If you are paying down an existing credit card balance (meaning that  
no recent expense transactions relate to that money being paid), I  
recommend you track the checking side as Debt Repayment. If you bought  
something on the credit card and are just paying off the balance so  
you don't incur interest charges, then I wouldn't even assign a bucket  
to the payment at all.

Peace,

Kevin Hoctor
[email protected]
No Thirst Software LLC
http://nothirst.com
http://kevinhoctor.blogspot.com


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