Credit cards transactions reversed

Question

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?

jacobs · Answer

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.

David Urban · Answer

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.

volvogirl · Answer

Are they actually in the wrong columns?  Or is just the balance going the wrong way?  Which bank?