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