Re: "Pending Transaction" feature question

In article <[email protected]>, Andrew  <[email protected]> wrote:
>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.

I can answer this one. Way back when I was a student, I made a credit
card purchase related to a vacation for myself. The business I patronized
performed a test transaction on my credit card. No problem, except that
they accidentally entered a dolllar amount that was ten times what would
have been reasonable. This blew out my credit limit and caused a series
of attempted vacation-related purchases to fail. It took me a while to
find the problem, and the only remedy was to wait a few days for the
bad transaction to vanish.

I wasn't using Quicken at the time, but the "pending transaction" feature
would have helped. Naturally, I enabled this feature in Quicken
immediately.
-- 
David Arnstein                       (00)
[email protected]          {{   }}
                                     ^^