Re: "Pending Transaction" feature question
Andrew <[email protected]> Sun, 14 Apr 2024 15:40:42 -0400
| Newsgroups | alt.comp.software.financial.quicken |
|---|---|
| Organization | A noiseless patient Spider |
| Message-ID | <[email protected]> |
On 4/14/2024 9:16 AM, tmp6986 wrote: > On 4/13/2024 3:57 PM, Andrew wrote: >> 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'. > > When you enable pending transactions in Preferences, by default, it does > NOT display those transactions in the account register. It DOES display > them in the Pending Transactions tab - which at least for me, shows up > below the actual account register along with the Downloaded transactions > tab and the Bills & Income Reminders tab. So if they later go away, they > just go away from the Pending Transactions tab and never affect your > account register. > > There is a 2nd level to this option (the right hand column of settings > in Pending Transactions - Account Settings) where you can have them show > up in the register. But that level is currently grayed out and can't be > enable yet in the version I'm running which is the most recent release > R55.26. > > So, presumably, once that right hand column is enabled to be used in the > future, you will still have the option not to use that functionality, > and just continue to have the pending transactions show up only in the > separate Pending Transactions tab below. > > Hope I explained that right. So far I'm getting to like the feature, and > I didn't think I was going to.... > > > > > > Thanks....that might be reasonable to try as long as they don't immediately show up in my register; another tab to see PENDING might indeed work for me. As it is, I *do* go online to my credit and bank accounts often to see any 'pending' transactions, so this might be a better way to see that in one view. Appreciate the feedback. -- ----------------------------------------------------------- Regards - - Andrew