Re: No September posts
z <[email protected]> Wed, 23 Oct 2024 01:19:13 +0000
| Newsgroups | alt.comp.software.financial.quicken |
|---|---|
| Message-ID | <[email protected]> |
Andrew <[email protected]> wrote: > On 10/21/2024 11:04 PM, z wrote: >> However, on the credit card Statement it will show two transactions each >> with a unique date of transaction (when respective item was shipped) > > In that case, assuming you're writing a single check to the credit card > company to cover the purchases, you should only be entering one > transaction for the payment as that reflect the financial reality. > > Are you using a credit card account in Quicken as well? If so, each > purchase could be entered as a split transaction so each item could be > identified and categorized differently if need be. > > Also, your check that you write to the credit card company in that case > would have the category set to the name of your Quicken credit card > account so it would be debited to your checking account and > simultaneously credited to the credit card account. As mentioned > above,each of the individual pieces of the credit card charge could have > differing categories with notations in the credit card account. > > I hope this is what you already do? Well, no. That said, it makes perfect sense which is probably why I never did it. I will consider your suggestions & see if it will help me as opposed to how I’ve been doing it. Thanks! Rich