Chuck Andrews wrote:
In order to keep down confusion and the chance of a double order going in to
initiate a bank transaction, I access my bank account via its online link
using my browser, not with Quicken. I manually post each transaction in
Quicken as I make it. I access my bank accounts daily and there is a column
in Quicken where I enter a "c" for completed transaction each time I see a
transaction has been posted at my bank.
If I understand you correctly, you enter each check twice, once at the
bank and once in offline Quicken.
I guess you could compare my way of doing business to driving a vehicle with a stick shift instead of an
automatic transmission. It gives the user more control.
I don't understand what the control you're getting is.
Back to Quicken. When I first discovered that Quicken could communicate with
my bank and post entries I knew that this did not meet my goals and
objectives. Again, I want my posts in Quicken to be immediately, as I
initiate each transaction, not later, when the bank posts the transaction.
When I manually post I enter the information as I wish. If I allowed the
bank to post it, they would enter the information as they wish.
Instead of "posting entries", "writng checks", etc., can we say " paying
bills"?
I think you're saying that when you go online to your bank via browser
and pay a bill, it is paid immediately.
I just spoke with my bank and was told that if the bill can be paid
electronically, it will go out in approximately two business days;
otherwise, four business days.
???
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