Transfers
Moderator: Renato
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- MVP User
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Re: Transfers
You should use MMEX in a way that mirrors the real world.
Each time you purchase something using your real world credit card, enter that transaction in the MMEX credit card account as a Withdrawal. The card account balance will become more and more negative with each purchase.
Then each month when you pay your real world credit card company from your real world bank account, do a transfer of the amount from your MMEX bank account to your MMEX credit card account.
Money is leaving your bank account (-ve) to pay into your credit card account (+ve).
Do you see?
Each time you purchase something using your real world credit card, enter that transaction in the MMEX credit card account as a Withdrawal. The card account balance will become more and more negative with each purchase.
Then each month when you pay your real world credit card company from your real world bank account, do a transfer of the amount from your MMEX bank account to your MMEX credit card account.
Money is leaving your bank account (-ve) to pay into your credit card account (+ve).
Do you see?