[moneytalks] Re: An edit combo for items

I have to agree.  I have been using Quicken for years and this is how things
are done there.  One field contains check numbers, Debit, EFT, Dep. etc.
This could be less confusing to some people if all of that were in one field
instead of having a separate field for Deposit / Debit and one for check
numbers.

Regards,
Dave



----- Original Message ----- 
From: <sindy@xxxxxxxxxxxxxxxxxxxx>
To: <moneytalks@xxxxxxxxxxxxx>
Sent: Wednesday, December 15, 2004 10:27
Subject: [moneytalks] Re: An edit combo for items


> Suzanne, I agree with you. I fill out the place to which I wrote a check
or
> made a check card purchase in the payee/payer field (walmart, belllsouth,
> etc.) and then put notations such as the check number or deposit or check
> card in the item field. Your logic makes perfect sense. It is the same
sort
> of logic I use. I like to know where my money goes.
> Synthia M. Greenwell
> Program Coordinator
> 20/200 Fellowship, Inc.
> ----- Original Message ----- 
> From: <TheBlindAvenger@xxxxxxx>
> To: <moneytalks@xxxxxxxxxxxxx>
> Sent: Tuesday, December 14, 2004 7:06 PM
> Subject: [moneytalks] Re: An edit combo for items
>
>
>
> In a message dated 12/14/2004 3:16:14 P.M. Central Standard Time,
> rmeredith@xxxxxxx writes:
> Suzanne:
>
> The problem is that you are describing pay names, not  items. I think
items
> =
> are generally numbers. Why do you wish to move pay  name data to the item
=
> field?
>
> Rob Meredith
>
>
> Hi Rob,
>
> I suppose the answer to your question is I want to know from where my
money
> came and to whom it went. Then, I want to know how it arrived or left.
> Check
> Card Purchase, ACH Deposit, etc. fulfill the second portion of this
> requirement, while 7 Eleven, Buy For Less, Wal Mart, Sears  Roebuck,
> Oklahoma Natural
> Gas, US Cellular, and the like fulfill the first.  This is why I edit the
> transactions. Granted, part of my problem may be that I  have never used
any
> money
> management software and thus have a distorted,  preconceived notion of how
> things are supposed to be. This notion is based on  my pre-marriage,
> pre-technology, braille Check register and my own sense of  organization.
>
> Here are some examples of why I like my sense of organization, and why  I
> will probably keep doing things my way no matter how the software
behaves.
>
> 1. I am a private contractor who does both Braille Translation and
> technology Consulting work. This year, my income came from 21 sources. I
> would  rather
> see the sources of my income in the Payer/Payee field instead of  the word
> Deposit. Then I could use the restricted view and quickly learn how  much
I
> made
> from whom. Currently, this is done in an Excel spreadsheet, but I  am
> falling
> in love with this program and would rather do it here. Admittedly,  most
of
> these transactions will be made manually in the future, because they  are
> not
> recurring or consistent.
> 2. Having Farmers Insurance in the payer/Payee field rather than ACH
> Deposit
> for my husband's payroll deposit allows me to identify his income  without
> going to the memo field. Besides, I delete the memo field for these
> Entries,
> because they splash his Social Security number out there for all the
world
> to
> see.
> 3. If the names Geoffrey or Stephen Tritten are placed in the  Payer/Payee
> field rather than Deposit to acknowledge that my sons have made  their car
> insurance payment installments, I can highlight either name,  restrict the
> view,
> and quickly prove to myself, or one of them if  necessary, whether they
are
> on
> track or behind in their  payments.
> 4. Along the same lines, if I place 7 Eleven, Shell Oil, and Texaco in
the
> Payer field instead of Check Card Purchase, I can learn how much we spend
> on
> Auto Fuel. Then, I could learn just how much of that money was spent at
any
> of
> the three above-mentioned companies.
>
> By now, even if you see my point, I have left an opening for another
> question. Why put anything in the Item field, if it isn't a check number?
>
> The answer to that question is: The terms Check Card Purchase, ACH
Deposit,
> etc. let me know just how the money entered or left my accounts.  Maybe I
> like
> this extra proof, since I have to fill out self-employment tax  forms. I
> keep
> receipts and bank statements, but I cannot see them. Therefore,  the
> notation
> in the account grid is my proof.
>
> Suzanne
>
>
> >>> TheBlindAvenger@xxxxxxx 12/14/04 02:48PM  >>>
>
>
>
>
>
> =20
> Here is a list of the items that appear in the Payer/Payee  field of my
=20
> imported .qif files. The most common are: ACH Deposit, ACH  W/D,
> Withdrawal,=
> =20
> Deposit, ATM W/D, Check Card Purchase,  And  Check. I have also seen:
Check
> =
> Card=20
> Refund, Monthly Account Fee,  and Loan Payment.=20
> =20
> Of course Check appears in the Payer/Payee  field, when a check number =20
> appears in the Item  field.=20
> =20
> These are the things I move to the Item field, when I edit  transactions.
I
> =
> =20
> also use several of these entries in the Item  field, when I manually =
> create =20
> transactions, and it would be a time  saver if I did not have to enter
each
> =
> one =20
> letter for  letter.
> =20
> Suzanne
> =20
> In a message dated 12/14/2004 10:39:16  A.M. Central Standard Time, =20
> rmeredith@xxxxxxx  writes:
> Suzanne:
>
> We are still trying to find the formal deffinition  of  what an item
should
> =
> =3D
> be. It appears that in most cases,  banks only export  item information =
> when =3D
> it is a check, and  of course, this is the check  number. Since this is
the
> =
> =3D
> case,  the item field is not useful as it might  be, especially for  =3D
> non-check users.
>
> I would be interested to know  what others  are finding in the item field
=
> =3D
> when importing.
>
> Rob   Meredith
>
> >>> TheBlindAvenger@xxxxxxx 12/14/04 10:47AM   >>>
> =3D20
> In a message dated 12/10/2004 11:15:31 A.M.  Central  Standard Time, =3D20
> TheBlindAvenger@xxxxxxx  writes:
> Hi.
>
> Since the  item field in the New Transaction dialog  could  contain =
> anything  =3D
> =3D20
> from a check number to  ATM w/d or ACH deposit or  electronic  check,
would
> =
> =3D
> it=3D20
> be =3D20
> possible to make this field an  edit   combo like so many of the other =3D
> fields=3D20
> in  =3D20
> this  dialog?
>
> The  reason I ask, is that I do most  of my banking  electronically. If I
=
> =3D
> did  =3D20
> not  have children who needed money  for band trips, wrestling tournament
=
> =3D
> =3D20
> fees, =3D20
> and other  school-related expenses, I  would probably write only  25
checks
> =
> =3D
> a   =3D20
> year.
>
>
>
>
>
>
>
> The reason I asked this  question  last week is this. Each month I may
have
> =
> =3D
> =3D20
> about fifty entries in my  bank statement. Six or  seven of these entries
=
> =3D
> will be =3D20
> checks. the   remaining forty plus entries will be check card purchases,
=
> =3D
> check  =3D20
> card bill pays, automatic deposits, atm  withdrawals, etc. I would like
to
> =
> =3D
> be =3D20
> able to press  a few letters followed by down arrow to place  the right =
> item  =3D
> in=3D20
> the field rather than enter each transaction's  item  manually. Is =
> this=3D20
> possible?  Or, since the program is   remembering check numbers, is my =3D
> desire out of=3D20
> the    question?
> =3D20
> Suzanne
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>
>

Other related posts: