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Posted by Laura on May 7, 2007, 7:21 am
Please log in for more thread options >> Since I like to capture the details when I'm paying such things as
>> credit card bills, the 30 line item limit often proves inadequate.
>
> It sounds like you're trying to categorize your credit card spending on
> the transaction that pays the credit card bill. You should try creating
> a new Quicken account for your credit card. If you then enter each
> transaction (e.g., restaurant charge) with a category (e.g., Dining)
> you can have an essentially unlimited number of transactions. When you
> pay your bill, you enter it as a transfer from your checking account to
> your credit card account. If you reconcile your credit card account
> using Quicken's Reconcile function, it will even set up the payment
> transaction for you.
>
> Hope this helps.
This is how I have set up my Chase CC. My payments use a generic category of
"credit card". Since I use this on both sides of the transaction they cancel
themselves out and this account is always zero.
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