Cash Flow Report
kevinweid
Quicken Mac Other Member ✭✭
Hi Everyone...I have probably a simple question that I can not figure out.
On my Cash Flow Report my "Credit Card Payment" is listed under "Inflows" and also "Outflows"?
There must be some setting that I need to change for my Credit Cards, but I can't find it.
Any help would be appreciated and thanks in advance.
On my Cash Flow Report my "Credit Card Payment" is listed under "Inflows" and also "Outflows"?
There must be some setting that I need to change for my Credit Cards, but I can't find it.
Any help would be appreciated and thanks in advance.
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Answers
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> @RickO said:
> Is it a transfer transaction that flow out of one account and in to another account. That would explain it.
Unfortunately I can't answer that question. I only use Quicken for tracking our home income/expenses and when I saw the new Cash Flow report it reminded me of years ago when I used a Windows version. With that version I didn't have it dial into all our accounts and grab the information. So maybe I have something setup wrong or I am handling the transactions wrong when they are downloaded.
I am sorry I can't speak more logically or more in depth regarding accounting terminology, but I am just a basic home user.0 -
Yes...I think I see what you are asking.
1) Under the header of "Banking" on the left side I have our checking account which updates when I dialup. And when I make a payment on a credit card it comes in as a negative.
2) Under the header of "Credit Card" on the left side I have our credit cards listed. When I dialup and bring in all the transactions they do post as a positive in those accounts. Which naturally decreases and adjusts my overall balance to reflect what their websites show we still owe.
So long story short...."Yes" it is a negative pulled into Checking and a positive when it's pulled into the Credit Card accounts.....If that makes any sense.0
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