Credit cards transactions reversed
I know this has been asked many times but I have one card that insists on importing charges as payments and payments as charges. these are directly from the bank. It really messes up my budgeting. is there a way to reverse this one card to read and budget correctly?
I have turned on the charge and payment columns and it is showing backward. Should I talk with my bank/credit union?
Answers
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Are they actually in the wrong columns? Or is just the balance going the wrong way? Which bank?
I'm staying on Quicken 2013 Premier for Windows.
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I am using the CU, quicken import via a qfx file. the credit union is University Federal Credit Union. they are currently working with quicken to allow direct downloads.
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You can open the downloaded .qfx file in TextEdit and look at a few transactions to see if they have the positives and negatives reversed. (For a credit card, charges should be negative numbers and payments should be positive.) My guess is that they have it backwards.
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