Re: What's the best way to model an electronic funds transfer pull with hold

Nelson, Just one comment from another user; My banks do not show holds online, or if they do, it is a simple summary of book balance vs available balance. They warn that ACH transfers these-days often clear on the same day. To me, it is too much effort to try to track that, and as others have

Re: What's the best way to model an electronic funds transfer pull with hold

Hi Nelson, Such is life in the real world. GnuCash is not designed for the real world, just a simplified approximation. GnuCash reports just one main balance. You can get more by using the reconciled, cleared, present, future minimum and total columns in the main Accounts tab, but that is

Re: What's the best way to model an electronic funds transfer pull with hold

> On Oct 1, 2017, at 9:49 AM, Nelson wrote: > > Hi John, > > What I am doing today is exactly you are saying. I have a "pending" account > and I would record two transfers: > > - $1 bank-a -> pending > - $1 pending -> bank-b postdated by 5 business days. >

Re: What's the best way to model an electronic funds transfer pull with hold

Hi John, What I am doing today is exactly you are saying. I have a "pending" account and I would record two transfers: - $1 bank-a -> pending - $1 pending -> bank-b postdated by 5 business days. What bothers me with this approach is that when I go online on bank-a I see a different

Re: What's the best way to model an electronic funds transfer pull with hold

David, I am well aware that the problem I am raising is not a very common one and want to thank you for your answer. The thing is that I have to work with tens of accounts and each transitory state is extremely important. Imagine that when I have a number of pulls pending on an account becomes

What's the best way to model an electronic funds transfer pull with hold

Let's assume that we have two accounts, bank-a and bank-b. - bank-a has a $11,000.00 balance - bank-b initiates a $10,000.00 electronic funds transfer pull. - money shows up in bank-b immediately but there is a 5 business days hold so money is not available. - for at least 2 business days, until