On Oct 26, 1996 12:40pm, BRUCE WILSON wrote to BILL WHITE:
 BW> On 24 Oct 96 05:57pm, Bill White wrote to Wayne Hicks:
 BW>> Set up a CASH account.
 BW> The problem with one is that it can't be "reconciled" like a bank
 BW> account, transactions aren't cleared, and they'll be with you to
 BW> your dieing day, no matter how many year-ends you do with Quicken.
 BW> I've set up my Visa card as a reconcilable bank account, rather than
 BW> as a liability account, for this same reason.  I "reconcile" it when
 BW> I get my monthly statement, just like the checking account; and the
 BW> payments are handled as transfers to it.
Why couldn't you set it up as a 'credit card' and reconcile it every month,
unless your VISA isn't a credit card. I did it in Quicken 5 and I am also 
doing
it in Quickbooks. Just curious why you would setup a liability as an asset.
Carole
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