[GNC] How to setup a Scheduled Transaction for full current Credit Card Balance?
Sherlock
sh025622 at gmail.com
Tue Dec 2 16:21:33 EST 2025
Hi Stan,
If your definition of posted-in-advance transactions are transactions
you have scheduled for bill pay where you know the amount and date of
payment, there is no objection. If your definition includes entering
future transactions which have not been scheduled for bill pay or the
amount or date is not known, I do have objection.
When you used scheduled transactions, it sounds like you checked the
"create automatically" box for transactions you did not want to have
automatically entered. Personally, we don't use "create automatically".
Regards,
Sherlock
On 12/2/25 11:32 AM, Stan Brown (using GC 4.14) wrote:
> Can someone explain to me the objection to posted-in-advance
> transactions (not merely scheduled)? I'm not trying to start an
> argument, but I'm really curious.
>
> I used to use scheduled transactions exclusively, but that didn't tell
> me if the bill pays that I scheduled with my bank and credit cards would
> overdraw my checking account. When I started entering a
> posted-in-advance transaction every time I scheduled a bill pay, the
> picture got much clearer. I do use Edit » Preferences » Register »
> Future transaction after blank transaction, so it's always obvious which
> transactions have been posted in advance.
>
> I still use scheduled transactions for recurring automatic payments by
> credit card, and for accrual entries at the end of the month, quarter,
> and year.
>
> Stan Brown
> Tehachapi, CA, USA
> https://BrownMath.com
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