Our family has separate checking accounts and each account has its own Money (2004) file. Recently, we have been charging many transactions to a single credit card (Discover) to take advantage of an annual 2% rebate offer. Problem is, I have to write a check
from one checking account several times a month and manually deposit it to the other checking account to cover for the first checking account's credit card charges since only one Money file has the Discover account.
For what it’s worth, these two checking accounts are *not* held at the same bank.
If both checking accounts were a part of the same Money file, I could enter any credit card payments as transfers from either checking account. No check writing would be necessary because I could send payments to Discover via each bank’s bill pay service
(electronic payment).
Is combining these two checking accounts in one Money file asking for trouble? Seems like it could muddy the waters as far as reports go. I depend on Money for Payee & Category search information, and that information needs to be segregated. I am also concerned
about file corruption.
Regards
