Dumb question time -- in the repeating online payments , is the date that the payment is expected to be received by the payee or is it the date that the bank [w-f in this case] processes the payment [and so it'll only arrive about four days later].
another little one: i'm guessing that the only way to change the date on a RO payment is to delete it and re-enter it with the corrected date.
/Bernie\
1.) I believe this is controlled by your billpayer, and it seems to me that most billpayers are now using only "delivery date" (much the better option, in my opinion).
To see which is likely true for your billpayer, go to Tools > Online Center, select the billpay financial institution and account and click on the "Payments" tab. Then try to enter a date in each of the two date fields: "Processing date" and "Delivery date". If you can enter a date in either, then I suspect your financial institution will use either. In my case (with BofA) I only have access to the "Delivery date" field because BofA only uses/allows Delivery date.
You can probably also confirm with your billpayer's customer support.
2.) I believe your guess is correct.From Quicken Help: "Depending on your financial institution, you may be able to change the amount and number of payments remaining for a repeating payment series. If you change the amount or duration after an instruction has been sent to your financial institution, you must send the changed instruction to replace the original one (follow the steps in the main part of this topic). If you want to change other information, or if your financial institution doesn't allow you to change these items, you'll need to delete the repeating online payment instruction, set up a new one, and resend it."
I should have added: I created a test repeating online payment and sent it to my billpayer. Then I went to the Repeating Online tab in Bill & Income Reminders, selected the newly created repeating online payment, and clicked "Edit" in the Bill & Income Reminders menu row. I was presented with a dialog containing all the data for that repeating online payment. The only fields that could be changed were: Memo, Category and Amount.
} On Wednesday, November 4, 2020 at 9:53:26 AM UTC-6, Bernie Cosell wrote: } > Dumb question time -- in the repeating online payments , is the date that } > the payment is expected to be received by the payee or is it the date that } > the bank [w-f in this case] processes the payment [and so it'll only arrive } > about four days later]. } } > another little one: i'm guessing that the only way to change the date on a } > RO payment is to delete it and re-enter it with the corrected date. } } } 1.) I believe this is controlled by your billpayer, and it seems to me that most billpayers are now using only "delivery date" ...(much the better option, in my opinion). } } To see which is likely true for your billpayer, go to Tools > Online Center, select the billpay ...financial institution and account and click on the "Payments" tab. .. Then try to enter a date in each of the two date fields: "Processing .... date" and "Delivery date". If you can enter a date in either, then ....I suspect your financial institution will use either. In my case (with
Indeed I can. I am asking because I changed my billpay to a different bank [done explicitly through their "bill pay" machinery] and I discovered, to my dismay, that the date I gave them was the date they processed the payment. UGH! No real way to change that with them [and I've since transferred all those repeating payments back to the previous bank [which I do billpay with via quicken].
Thanks!
/b\
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