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Posted by lanman on May 9, 2007, 11:41 am
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How would I then categorize each transaction appearing on the credit
card invoice. Would I download the credit card info into Quicken and
then go back and add the categories?
Currently I enter each transaction individually from my credit card
statement so I can have meaningful reporting later. It allows me to
track my spending throughout the year by category. It also facilitates
my tax preparation later.
On Wed, 9 May 2007 06:56:39 -0700, "Steve Dell"
>Instead of breaking out the transaction on the payment, establish a credit
>card account and enter the individual transactions there.
>
>Then, when you pay the bill, you are "Transferring" money from your checking
>account to the credit card account to pay it off in full. This way, if you
>make partial payments, have credit card fees and the like, you'll capture
>that information with more detail and less hassle.
>
>Steve
>
>
>>I am currently using Quicken 2005 Premier H&B. When I enter a split
>> transaction, Quicken limits the total number of line items to 30.
>> 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.
>>
>> Can someone tell me if this limitation has been increased or
>> eliminated in newer versions of Quicken? Thanks...
>>
>>
>>
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