tag:infinitekind.tenderapp.com,2009-01-14:/discussions/general-questions/81-repeat-payeeInfinite Kind: Discussion 2016-12-01T00:25:13Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/1360822009-04-20T00:31:33Z2016-12-01T00:25:13ZRepeat payee<div><p>What exactly is the purpose of the repeat payee? It seems like
when a downloaded transaction looks for its match, you can get only
3 possible answers: no match, exact match, or "near matches" (which
frequently are correct payee but incorrect dates in my experience).
So what does knowing it is a repeat payee add to the equation?</p>
<p>Just now I downloaded a transaction I had already entered. It
listed four possible options: the correct match to already-entered
entry, no match, and two "repeat payee" options with correct
amounts but different dates. There were no other instances of this
payee in my register, so why wouldn't there be just the correct
match and the no match option only?</p>
<p>Any further instruction on how the matching works would be
great. I have read it somewhere long ago in one of the other
support forums (now defunct I guess) but can't seem to find it
now.</p>
<p>Thanks</p>
<p>Randy</p></div>zrepmdtag:infinitekind.tenderapp.com,2009-01-14:Comment/1360822009-04-20T19:29:21Z2009-04-20T19:29:21ZRepeat payee<div><p>Hi Randy</p>
<p>Great question!</p>
<p>The purpose of the "Repeat Payee" match type is to reuse
existing payee names including changes you have made to those
names. in order to keep transactions more internally consistent and
save the user time. For example I occasionally shop at the local
grocery store called Food Lion. When these transactions are
downloaded from the bank the Payee is listed as "FOODLION <a href=
"/discussions/questions/0484" title="Discussion #0484">#0484</a>"
Where the <a href="/discussions/questions/0484" title=
"Discussion #0484">#0484</a> is the store number. It is easier for
me to think of this store at the Louisa County Food Lion and so I
change the Payee to "FOODLION <a href="/discussions/questions/0484"
title="Discussion #0484">#0484</a> Louisa County". Now the next
time I download a transaction from the bank that had the Payee of
"FOODLION <a href="/discussions/questions/0484" title=
"Discussion #0484">#0484</a>" Moneydance matches the old payee with
the new one and provides this as a match option. So by selecting
"Repeat Payee" Moneydance uses the same payee changes with this new
transaction. In fact the the payee, memo and category fields would
be automatically set for you. The purpose of this is to save the
user time if they often have similar transactions.</p>
<p>Sincerely Ben Spencer</p></div>Ben Spencer