Budget - transaction date vs. reconciliation date
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- Posts: 9
- Joined: 01 February 2011, 09:39
Budget - transaction date vs. reconciliation date
As payments made by my debit card take up to 3 days to appear in my bank account, this can affect the way I run my budgets. Is there any way that iCompta budgets can use the transaction date rather than the reconciliation date? Thanks.
- Angeman
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Re: Budget - transaction date vs. reconciliation date
Not in current version sorry.
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- Posts: 9
- Joined: 01 February 2011, 09:39
Re: Budget - transaction date vs. reconciliation date
Will this be supported in a future version? Until banks universally do same day payments (not expected for some time in the UK), this would be an extremely important feature for many users.
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- Posts: 9
- Joined: 01 February 2011, 09:39
Re: Budget - transaction date vs. reconciliation date
Brilliant, thank you!
Re: Budget - transaction date vs. reconciliation date
That's really interesting.
Here, in Brazil, since a long time ago, all transactions occur exactly at the moment you "make" the payment. (via debit card).
For example, if I make a payment at the movie theathre right now, it will right now in my bank account. (i can check it online). For instance, i have a service that sends me SMS everytime anything changes at may bank account (if i buy anything via creditcard, debit card or cheque).
The Reconciliation feature works great for me for cheque payment (For example, i pay for some service today via cheque, but the person only compensates it in 3 days).
In fact, i use the pending and reconciled feature to monitor pending obligations and credits (lets say maturity date). (For example if i rent an apartment i make monthly subsequent pending transactions and reconcile each one at the date the renter pays me for each one).
I thought that the european banks worked like the brazilian ones.
Here, in Brazil, since a long time ago, all transactions occur exactly at the moment you "make" the payment. (via debit card).
For example, if I make a payment at the movie theathre right now, it will right now in my bank account. (i can check it online). For instance, i have a service that sends me SMS everytime anything changes at may bank account (if i buy anything via creditcard, debit card or cheque).
The Reconciliation feature works great for me for cheque payment (For example, i pay for some service today via cheque, but the person only compensates it in 3 days).
In fact, i use the pending and reconciled feature to monitor pending obligations and credits (lets say maturity date). (For example if i rent an apartment i make monthly subsequent pending transactions and reconcile each one at the date the renter pays me for each one).
I thought that the european banks worked like the brazilian ones.