Re: "Pending Transaction" feature question

On 4/16/2024 1:50 AM, David Arnstein wrote:
> 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.

Yes David, I hear you.  I might not have been absolutely clear in what I 
meant. I DID turn on PENDING TRANSACTIONS (I like having this feature) 
so I can indeed see the case you described and I would have been alerted 
to this.  What I was saying was I didn't want the actual HOLD 
transaction to appear in my "real" Quicken register until it was a valid 
charge with an actual value.  I do understand if you are advocating 
having it go there as a temporary transaction pending acceptance that it 
would be more visible 'in your face' as opposed to having to clear on 
the PENDING TRANSACTIONS tab that I do have to do now to see them.
-- 
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Regards -

- Andrew