Interest and Insurance payments are charged to your deposit account and do not affect your credit line balance. To prevent the software from copying these transactions as real credits to your line of credit balance, the downloaded dollar amounts for Interest and Insurance payments will only be recorded in the "memo" field of your software. Interest and Insurance payments are charged to your deposit account, and do not affect your line of credit balance. Delete the existing Line of Credit account (if you have entered transactions older than 18 months, these transactions must be manually copied over to your new account.)Īccounting software downloads will include interest and insurance payments (if applicable) just like your paper statement or the Online Banking details screen.If necessary, create a suitable "opening transaction" to force balance the account,.Download all the transactions to that account,. Set up a new account as if you were setting up a credit card,.If you have previously set up your credit line as loans within your software, the proper association with your existing accounts will not be made when you download and we recommend you do the following: Most software packages require that your credit line accounts be set up as credit card accounts. If you have not already set up your credit line(s) your software will recognize the new account as a credit line, and record it as such. When you download your credit line(s) transactions for the first time, you will have the option to use an existing account or set up a new account. ‡ RBC Royal Bank does not provide support for third party software, including Quicken, QuickBooks, Microsoft ®1 Money, and Makisoft. eStatements cannot be downloaded to financial software. For credit cards accounts, you can download your current activity and your last statement. The appropriate software must be loaded in your personal computer for the download function to work.ġFor most types of accounts, you can download everything in the transaction history found on your Account Balances page – between 90 and 120 days of transactions.
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