Re[2]: can this be done

[kmryan24 at gmail.com]

Thank you that helps me a lot


Mike Ryan

Saturday, December 19, 2020, 6:06 PM -0700 from ostroffjh at users.sourceforge.net  <ostroffjh at users.sourceforge.net>:
>Most users make the accounts in the software follow what happens in 
>their real accounts.  If you buy something with the credit card, you 
>add a transaction for that purchase.  If you move money from your 
>checking account to the credit card, you add a transaction for that 
>transfer.  Yes, you could move the money from checking to credit card 
>in KMM so you think that money is no longer available to spend in the 
>checking account, but then when you actually pay the credit card from 
>the checking account, you can't enter that transaction, since you have 
>already transferred those funds within KMM.  I suppose you could then 
>delete those transactions and just enter the one for the real payment, 
>but that seems like a lot of extra bookkeeping.  Another choice would 
>be to create a second checking account in KMM, so the two KMM checking 
>accounts really represent the one real checking account, with one 
>representing the amount put aside for paying the credit card (or other 
>bills.)  Is this close to what you are looking for?
>
>On 2020.12.19 19:34, kmryan24 ryan wrote:
>> 90 % of my transactions are on my credit card and I put it a side to 
>> pay
>> off my credit card each month so I want to move it from my checking 
>> account
>> to my credit card account so at the end of the month I have the money
>> setting there for me in the credit card account.
>> 
>> On Sat, Dec 19, 2020, 4:54 PM Jack < ostroffjh at users.sourceforge.net > 
>> wrote:
>> 
>> > On 2020.12.19 18:14, Mike Ran wrote:
>> > > I an a newbe to the software so hopefully you can answer this
>> > >
>> > > What I want to do is to have several account that i would like to
>> > > transfer to me to automatically when I make a charge payment in my
>> > > checking account to a choice of accounts such as once every month 
>> I
>> > > can transfer my payment from checking to the phone account or any
>> > > time I use my cerdit card  goes from my checking account into my
>> > > credit card account so that when we are ready to make a payment 
>> it is
>> > > already to be paid?
>> > >
>> > Your description is very confusing, so I'm really not sure what 
>> you're
>> > trying to do.  You can certainly create a scheduled transation to
>> > monthly transfer an amount from your checking account to a credit 
>> card
>> > account or to pay your phone bill, for example, but you do need to
>> > specify the sending account and the receiving account or payee.  You
>> > can state that the amount will vary each month, but you still need 
>> to
>> > set the amount when you actually post the transactions - there is no
>> > way to automatically make the amount be the balance of the credit 
>> card
>> > account.
>> >
>> > It might be easier if you gave one concrete example, and work from
>> > there.
>> >
>> > Jack
>> >
>> 
>
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