On 24 Oct 96 05:57pm, Bill White wrote to Wayne Hicks:
BW> Set up a CASH account.
The problem with one is that it can't be "reconciled" like a bank
account, transactions aren't cleared, and they'll be with you to
your dieing day, no matter how many year-ends you do with Quicken.
I've set up my Visa card as a reconcilable bank account, rather than
as a liability account, for this same reason. I "reconcile" it when
I get my monthly statement, just like the checking account; and the
payments are handled as transfers to it.
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