On Apr 27, 2009, at 1:37 PM, Troy wrote: > Am I treating credit card accounts correctly? I'm the guy that asked > the Discover Card question Friday. I tried importing current months > charges, could not and then just entered them manually. Then I had a > thought (I don't get many, so bear with me), should I set up credit > card accounts just like bank a checking or cash account? I just did > this for American Express and it created an account and downloaded the > history back to 2008. This isn't actually so bad as I can quickly > delete everything except this months charges and assign them. If this > is how you do it, I assume the next download will be only those > transactions since the last download. > HI Troy,
I like having history in my accounts so I downloaded credit card so I could keep it in MoneyWell. You may have to create a starting balance transaction though to get your account balance to match: http://nothirst.com/support/faq_bankBalance.html > The new account has a negative balance of $2, 073.00 which is the > total of all charges on the account back to 2008. I guess you should > have a negative balance on credit card accounts, is it a problem for > the balance to be off? Does it reset each month or keep a running > tally? You're balance should match your bank website or statement exactly. If the starting balance FAQ doesn't do it, then try reconciling your account to make sure all your transactions show by your bank are also in MoneyWell: http://nothirst.com/support/faq_reconcile.html 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 -~----------~----~----~----~------~----~------~--~---
