Idea: Match certain deposits when the dates don't quite agree

JonathanFry

My bank, USAA FSB, credits my account with funds from an ACH transfer, perhaps only from certain payers, on receipt, rather than a day or two later. The Social Security Administration schedules my benefit payment for the second Wednesday of each month. I post it on the second Wednesday with a scheduled transaction, but it is always credited on the preceding Monday. The pre-posted transaction never automatically matches the downloaded transaction, which is annoying.

I have seen other banks advertise such early posting.

I can't change the scheduled transaction to the second Monday of the month because it will post in the wrong week in months when the first falls on Tuesday or Wednesday. Quicken does not allow me to schedule for the Monday before the second Wednesday, nor would I suggest allowing that.

I suggest matching ACH deposits with the same amount that post a day or two before the scheduled date.

splasher

This is already possible.

All you need to do is have Quicken auto-enter it 2-3 days in advance of the currently scheduled Wednesday.

It will show up for the correct week for your scheduled Wednesday.

q_lurker

splasher said:

This is already possible.

All you need to do is have Quicken auto-enter it 2-3 days in advance of the currently scheduled Wednesday.

It will show up for the correct week for your scheduled Wednesday.

Maybe I am wrong and I don’t have the opportunity to fully check at this time, but I believe if you have the transaction scheduled for 2nd Wednesday and automatically entered 2 days prior (the Monday before) the transaction will still be dated 2nd Wednesday.  I believe some users routinely auto-enter 30 and 60 days in advance. 

If that date differential is too much for the matching routine, the user’s issue still exists. The part I don’t have the time to check is the date matching difference. I would have thought 2-days would have been within tolerance suggesting there is something else I am missing in this sequencing. 

splasher

@q_lurker
The OP will have to confirm, but I read it as the problem was that the scheduled transaction wasn't in the register when the download showed up and therefore it couldn't find anything to match to.
@JonathanFry
How about a clarification?

q_lurker

JonathanFry said:

 … The pre-posted transaction never automatically matches the downloaded transaction, which is annoying. … 

What I read. 

JonathanFry

Here is my scheduled transaction (I hope. I can't see it in this editor): it will enter my register 30 days before 4/12/23 with a date of 4/12/23. The downloaded transaction from the bank will carry a date of 4/10/22, and they will not match.

JonathanFry

A detail I omitted: I can make the transactions match by adjusting the date of the one in my register.