On Mar 6, 2009, at 9:10 AM, Arnie wrote: > I am having trouble reconciling a credit card. I have looked at the > tutorial over and over again, but it doesn't give me a clue. First of > all I imported my financial information from a Windows Quicken. Does > MW reconcile all the previous information. I put in the right starting > and ending dates, starting balance, ending balance. Thje transactionns > are right and the statement and difference are in agreement and > cleared show zero. When I check all, the difference shows the total of > the statement plus all the cleared items. In the present month I end > up with a difference that is aproximately double the transactions. The > cleared and the transactions are equal. >
Hi Arnie, Are you entering the numbers as negatives for your credit card? Make sure your starting and ending balances are negative because this is a liability account. You also may need to start with a zero amount on your first reconcile as shown in the video tutorial. > I hope I don't have the same problem when it comes to my checking and > savings and other credit cards. I pay off the balance on the credit > cards every month to bring them to zero. I hope that will show when I > reconcile. > Your reconcile is just match up what is in MoneyWell with what is on your statement. It should work well for all your accounts. I find that my reconciles are much quicker in MoneyWell than they ever were in Quicken. > In Quicken when I reconcile it ends up asking to pay off the balance > or a portion of it. Does this happen in MW. I'm not sure what you're asking, but MoneyWell does not prompt you to pay off anything. Peace, Kevin Hoctor [email protected] No Thirst Software LLC http://nothirst.com http://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
