Credit Card Balances in Parentheses

Discussion in 'Microsoft Money' started by bver911, Apr 29, 2007.

  1. bver911

    bver911 Guest

    This might be a dumb question, but what does it mean when my credit card
    balance in the register show up in Red and in parentheses? Then, when I look
    at the Account Listing, the same credit card "Adj. Balance" shows in Black
    and without the parens.

    I'm confused. Can someone please explain this for me. Thanks!
     
    bver911, Apr 29, 2007
    #1
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  2. In microsoft.public.money, bver911 wrote:

    >This might be a dumb question, but what does it mean when my credit card
    >balance in the register show up in Red and in parentheses?


    It means you have a credit balance.

    If you don't actually have a credit balance, and it is a new
    account, it probably means you entered your starting balance as a
    negative number. That needs to be a positive number if you owe.

    > Then, when I look
    >at the Account Listing, the same credit card "Adj. Balance" shows in Black
    >and without the parens.


    The credit card balance is what you owe. You owe a negative amount
    if you have a credit balance.

    The account list works the other way; shows what you have. If you
    owe money, it is negative.



    >
    >I'm confused. Can someone please explain this for me. Thanks!
     
    Cal Learner-- MVP, Apr 29, 2007
    #2
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  3. bver911

    bver911 Guest

    Thanks a lot for your explanation. I understand now.

    B

    "Cal Learner-- MVP" wrote:

    > In microsoft.public.money, bver911 wrote:
    >
    > >This might be a dumb question, but what does it mean when my credit card
    > >balance in the register show up in Red and in parentheses?

    >
    > It means you have a credit balance.
    >
    > If you don't actually have a credit balance, and it is a new
    > account, it probably means you entered your starting balance as a
    > negative number. That needs to be a positive number if you owe.
    >
    > > Then, when I look
    > >at the Account Listing, the same credit card "Adj. Balance" shows in Black
    > >and without the parens.

    >
    > The credit card balance is what you owe. You owe a negative amount
    > if you have a credit balance.
    >
    > The account list works the other way; shows what you have. If you
    > owe money, it is negative.
    >
    >
    >
    > >
    > >I'm confused. Can someone please explain this for me. Thanks!

    >
     
    bver911, Apr 30, 2007
    #3
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