Thanks for replying Tod. They're two separate accounts. They are
two separate transactions, but I'm trying to avoid misrepresenting
my accounts at the end of the year. I run an annual report which
outlines all my transactions, by category, so if I"m paying for
groceries with a credit card ($70, for example), I'd like it to be
reflected under groceries. When I make a payment to my credit card
from checking (say $100, for the groceries and another
transaction), I don't want the $100 from checking to be counted as
a "payment to CC" category because those transactions will have
proper categories. So at the end of the year, if I'm looking at all
the transactions in all the categories, the payment to the cc (from
checking) shouldn't be categorized as "groceries' and it shouldn't
be "cc payment" because I think it will distort the overall picture
of what I'm spending on.
Not sure if I'm explaining it well enough.
Be sure when entering the Credit Card payment into your Checking
account that you select the actual Credit Card account as the
'Category' of the transaction. This action will enter the txn into
the Checking account as a debit and into the Credit Card account as
a payment. There will be no income or expense category designated
to this transfer.
Do not create or use a 'Credit Card Payment' expense category
for use in a transfer txn.
Ah, ok. Thanks. I saw that in the user guide and tried it, but
then it looked like I had "extra" transactions in the cc account
(as opposed to matching a transaction from checking to a
transaction in the cc account).
Wish there were examples with screen shots and "use cases" or
When I did that, it looks like I have two entries for one
transaction (one that seems to have been auto-generated when I
categorized a payment from checking to the credit card, and the
other one that was downloaded from the bank (I imported the cc info
I downloaded from the cc website)). Is there a way to reconcile
them? Or prevent what looks like a double entry?
If you click on a little split icon at the top of the register
and one of the downloaded transactions a merge area opens up and
you can tell Moneydance that the two transactions are one and the
I haven't used that much for investment accounts but it does
work for credit and bank accounts. I have used it on a couple of
investment accounts but most of the firms I have accounts with seem
to only want to download .csv files which I find too messy to deal
Forum member tod's suggestion is a viable method.
There is also another method that you may want to try out.
Look in 'Preferences' on the 'Network' tab. Try Check-marking
'Automatically Merge Downloaded Transactions'.
Going forward, when the txn is downloaded, MD should 'Merge' it
with the existing txn in the register thus eliminating the initial
duplication of the two txns.
Try both methods and see which one you prefer. Both are
HTH -Kevin N.