"Pending Transaction" feature question

Andrew <[email protected]> Sat, 13 Apr 2024 15:57:52 -0400
Newsgroups alt.comp.software.financial.quicken
Organization A noiseless patient Spider
Message-ID <[email protected]>
So I see that Q now has a new 'Pending Transaction' feature one can turn 
on.  Fortunately, they have the default set to 'OFF'.

I am wondering why people would want this given the following three 
circumstances.

1. A pending transaction often goes away *completely*, such as a hold 
against a hotel which COMPLETELY gets released if one had pre-paid the 
hotel without any additional charge applied to your hotel bill.  IMO, 
this type of transaction should not even be displayed in your register 
since you'll never incur the expenses.

2. A pending transaction is often totally *wrong*, although a legitimate 
other value you do owe will exist, such as a restaurant charge that did 
not include your gratuity such that when it does accurately hit your 
books it will be a different amount.  Is Q smart enough to *update* your 
register with the correct amount?

3. A pending transaction *might* have the wrong date when it actually 
does hit your Quicken download if Q isn't smart enough to use the 
'correct' date.  And is that date the date you incurred the pending 
amount, or when it actually gets posted?  That date might be different 
according to personal preference perhaps.

Anyone who uses this feature (And I know John Pollard said he's *not* 
interested in this, and at the moment, neither am I since these 
transactions are not real yet, but reflect a *perhaps* future 
transaction that may or may not even be accurate given the above.

I don't know how Q would differentiate #s 1 and 2 above when they go 
pending, and since that is the case, I wouldn't want to even see these 
in any way shape of form.

But I'd love to hear other's opinions.  That's what makes this 'fun'.
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Regards -

- Andrew