Money: How Money matches Online Banking transactions (166236)
The information in this article applies to:
- Microsoft Money Deluxe 2006
- Microsoft Money Premium 2006
- Microsoft Money Small Business 2006
- Microsoft Money Standard 2006
- Microsoft Money 2005 Deluxe
- Microsoft Money 2004 (all editions)
- Microsoft Money 2004 Deluxe
- Microsoft Money 2003 Deluxe
- Microsoft Money Deluxe 2002
- Microsoft Money 2001
- Microsoft Money 2000 Deluxe
- Microsoft Money 99
- Microsoft Money 98
- Microsoft Money 98 Deluxe Edition
- Microsoft Money 98 Financial Suite
- Microsoft Money 97
This article was previously published under Q166236 SUMMARY The purpose of this article is to give an overview of the
process that Microsoft Money uses to match downloaded transactions with entries
in the Account Register in accounts enabled for Online Banking. After you
download statements and read them, Money matches the downloaded transactions
with transactions already entered in your Account Register.MORE INFORMATION Money matches bank and credit card transactions one by one.
Money looks for a matching transaction in the Account Register. It searches the
entire account within the date range specified in Options.
Note The default date range is for the last 60 days. You can change
this default on the Online Services tab in Options on the Tools menu. Change
the number in "Look For Matching Transactions Within A <number> Day
Range."
If Money finds a guaranteed match in the specified date
range, it groups them together and presents a list of already-matched
transactions. Money defines a "guaranteed match" as when the check number and
amount match and the transaction was not previously downloaded.
If
Money finds any matching transactions that are possible, but not guaranteed
matches, Money gives them a priority and presents them to you in priority order
until you select the correct match. Money then merges the transactions in your
Account Register and marks it with an E in the Cleared field.
Note If your Options are set to not view transactions during the
matching process, Money selects the highest priority match and merges this
transaction.
If Money does not find a matching transaction, Money
enters it in the Account Register as a new transaction, with all of the
information available for that transaction. Money marks this new transaction
with an E in the Cleared field.
| Modification Type: | Major | Last Reviewed: | 7/1/2005 |
|---|
| Keywords: | kbhowto kbonline KB166236 |
|---|
|