The transaction may be categorized as a transfer when you make a payment to a credit card in Money (914972)
The information in this article applies to:
- Microsoft Money Standard 2006
- Microsoft Money Small Business 2006
- Microsoft Money Premium 2006
- Microsoft Money Deluxe 2006
- Microsoft Money 2005 Standard
- Microsoft Money 2005 Small Business
- Microsoft Money 2005 Premium
- Microsoft Money 2005 Deluxe
SYMPTOMSWhen you make a payment to a credit card in Microsoft Money, the transaction may be categorized as a transfer. When this issue occurs, you cannot change the category in the register.CAUSEThis issue may occur if you track both the checking account and the credit card account in Money.STATUS
This behavior is by design.MORE INFORMATIONWhen you record a payment from the checking account, Money records the payment in the credit card account as a transfer. Therefore, you do not have to manually record the same information two times.
Note When you charge a transaction to a credit card, you are borrowing against your future earnings. Therefore, Money categorizes a payment to a credit card as a transfer.
When you make a credit card payment by check, the transaction may appear in the register as a withdrawal by using the Credit Card Payment category. However, the Credit Card Payment category is used to create budgets in the planning features of Money.
| Modification Type: | Major | Last Reviewed: | 3/23/2006 |
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| Keywords: | kbtshoot kbprb KB914972 kbAudGeneralUser kbAudEndUser |
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