Money: OFC Does Not Support Automatic Payments (151147)



The information in this article applies to:

  • Microsoft Money 99
  • Microsoft Money 98
  • Microsoft Money 97
  • Microsoft Money 98 Deluxe Edition
  • Microsoft Money 98 Financial Suite

This article was previously published under Q151147

SUMMARY

Open Financial Connectivity (OFC) does not support Automatic Payment (Apay) transactions. You may still post multiple Electronic Payment (Epay) transactions to achieve the same results. Epay instructions may be sent up to 364 days in advance.

MORE INFORMATION

You may choose to enter this Epay into the Bills area of Money 99 or 98, or the Payment Calendar in Money 5.0.

For information on entering Epays into Bills or the Payment Calendar, click the question mark in the upper-right corner of Bills or the Payment Calendar and follow the steps in the Help topic. Then use the appropriate method for your version of Money to prepare your Epays for sending.

Steps for Money 99

  1. In Money, click Bills on the navigation bar.
  2. In the left pane, click Pay Bills.
  3. Click the arrow next to View: Bills & Deposits Due Within <n> Month(s), where <n> equals the number of months to be viewed, and click on the number of months that you would like to view.
  4. Click in each of the check boxes that appear next to the Epays that you want to pay at this time.
  5. After selecting all of all the Epays you want, click Record Payment.
The next time you connect to your bank, Money will send these transactions. Check with your OFC provider for details about when the payment will be deducted from your account.

Steps for Money 98

  1. In Money, click Bills on the navigation bar.
  2. Advance the calendar to the last payment date (or up to 364 days in advance).
    1. Click the month name above the calendar.
    2. Click the month you want or click the right arrow to advance the year and then click the month.
    3. Click the day of the month once. The Payment Calendar View will change to View Bills And Deposits Due by <XX/XX/XX>.
  3. Click to select the check boxes next to those Epays you want to send at this time. This places check marks next to your selected transactions.
  4. Click Enter to record these transactions in your Account Register.
The next time you connect to your bank, Money will send these transactions in advance. Check with your OFC provider for details on when the payment will be deducted from your account.

Steps for Money 5.0

  1. In Money, click Go To and then click Payment Calendar.
  2. Advance the calendar to the last payment date (or up to 364 days in advance).
    1. Click the month name above the calendar.
    2. Click the month you want, or click the right arrow to advance the year and then click the month.
    3. Click once on the day of the month. The Payment Calendar View will change to View Bills And Deposits Due by <XX/XX/XX>.
  3. Click the box next to those Epays you want to send at this time. This places check marks next to your selected transactions.
  4. Click Enter to record these transactions in your account register.
The next time you connect to your bank, Money will send these transactions in advance. Check with your OFC provider for details about when the payment will be deducted from your account.

REFERENCES

For additional information, please see the following articles in the Microsoft Knowledge Base:

148456 Money: What Is an Epay and How to Enter Epays

142768 Money 95: How to Cancel Apays, Epays, and Send Bank Letter


Modification Type:MajorLast Reviewed:1/5/2005
Keywords:kbonline kbprb KB151147