ghost transactions

Posted by Jay M Apple on January 8, 2007, 10:42 am

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> > Easy then to focus on issue and solve before much harm is done.

> It's not quite that easy if you manage all the credit card purchases for

all

> the employees in even a modest sized company. With approximately one in

> eight transactions randomly posted as duplicates, it's quite tedious and

> frustrating to determine that each duplicate is in fact a duplicate and

not

> two purchases or a double billing.

> Best,

> Christopher

Aha! Didn't catch in previous posts wiff of a running business, sorry. Made
my comments from 'executive' chair brought home upon retiring into a simple
life.

P.S. While you earlier answered John Pollard that you used "Quicken 2006
Release QA 5 (and other versions and releases as well).", I hope you run the
business on Quickbooks or something a bit sturdier than Q06. As your
business grows eventually one of R.C. White's professional descendants will
want to audit data AND controls.

Jay. Just rocking time away...
.

Posted by Christopher Glaeser on January 8, 2007, 1:21 pm

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> P.S. While you earlier answered John Pollard that you used "Quicken 2006

> Release QA 5 (and other versions and releases as well).", I hope you run

> the

> business on Quickbooks or something a bit sturdier than Q06. As your

> business grows eventually one of R.C. White's professional descendants

> will

> want to audit data AND controls.

Yes, Quickbooks and other applications are used to maintain the books, but
the credit card companies dictate the choice of Quicken vs Quickbooks to
monitor credit card purchases, not the user. Some cards are compatible with
Quickbooks and not Quicken, and some cards are compatible with Quicken and
not Quickbooks. I don't know the details, but I assume there are licensing
arrangements between the banks and Intuit.

Best,
Christopher