unofficial microsoft.public.money FAQ and A
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Q) We had Transfer and Credit Card Payment in M04. What's with Credit Card Payments/Transfer added in M05?
[Relevant to Money2005 (v.14) and up]
A) Microsoft added an expense category "Credit Card Payments/Transfer" to M05. Note that this is not the Transfer we are familiar with or the Credit Card Payment we are familiar with. It's a new expense category guaranteed to confuse further the meaning and rationale for the other two. That's REALLY BRILLIANT! Adding something that has a 100% probability of confusing new users. Way to go!
New users have enough trouble getting a grip on Transfer or Credit Card Payment. So now they add "Credit Card Payments/Transfer" just to mess with them and leave it to people like us newsgroup regulars to help explain all of this? What were they thinking?!?
Cal Learner--MVP wisely suggests just deleting this category.
See also "I've entered charges in my credit card account, when I pay the bill aren't I spending twice? Is my card a category or account?" for more information on Credit Card Payment and Transfer.
It could be worse: they also added an income category titled "Not an expense." Well, duh. Curiously, they didn't add the symmetric expense category "Not an income."
Please see this disclaimer if you are using Money 2005 or this comment if you are using Money 2006.
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Last update: 10 December 2006 |
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