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Credit Card with a negative bank balance

Question
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Using Money 2006, I've finished reconciling my credit card account and my account list now shows a negative bank balance for my credit card account and a zero adjusted balance. I have no unreconciled transactions for my credit card in Money.
If I click on the account name, the top of the left column says:"Downloaded 08/31/2008 at 5:17 PM Balance: ($1,238.75)". This doesn't seem to be causing any numerical problems but it would be nice to get rid of it.
Sunday, August 8, 2010 9:40 PM
All replies
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When you delete a statement from the Account List, Money clears the
downloaded balance amounts from the associated account. Here is a
5-step way to do that:1.Open a new Notepad file, and paste the following six lines
between the delimiter lines below into the file. Save the file as
"ClearBalance.QIF".
============begin ClearBalance.QIF==========================
!Type:Bank
D08/08/2010
T-1.00
PRemove Balance
MUsed to remove the balance
^
============end ClearBalance.QIF==========================2. Open Money, and File->Import->Downloaded Statement. Select
ClearBalance.QIF and click Import. Money will ask which account
(or to make a new account). Select the account you wish to clear
the Downloaded Date from, and click Next, then OK.3. Do not process the statement as you would a regular statement.
Instead go to the Account List and right-click where it says
"Transactions to read:1" for the account that you imported into.
Choose DeleteStatement.Monday, August 9, 2010 1:20 AMModerator -
Thanks Cal,
I followed your instructions exactly and the negative bank balance is still there. But I think I saw a message that it will be cleared at the next transaction download so I will see after that and let you know. Thanks for the help!
John
Monday, August 9, 2010 3:00 AM -
You don't have a problem with the Balance colm or the "You Owe:" number, do you?
Monday, August 9, 2010 3:03 AMModerator -
No, The balance is $0 and I owe nothing so it's not screwing up my financials that I know. I just have an aversion to a negative balance anywhere except for proper credit card balances. Things are still as originally reported. Thanks for your help.Monday, August 9, 2010 9:36 PM