Quicken 2003 FD Ch 11 debit cards

So, What about Debit Cards?
Debit cards, when you get right down to it, aren’t really credit cards at all.
They’re more like bank accounts. Rather than withdrawing money by writing a
check, you withdraw money by using a debit charge.
Although a debit card looks (at least to your friends and the merchants you
shop with) like a credit card, you should treat it like a bank account.
In a nutshell, here’s what you need to do:
* Set up a checking account with the starting balance equal to the deposit that you
make with the debit card company. Note, however, that you only need to do so if
your debit card uses a new, separate account. If your debit card just taps an existing
account, you don’t need to take this step.
* When you buy something by using your debit card, record the transaction just as
you would record a regular check.
* When you replenish the debit balance by sending more money to the debit card
company, record the transaction just as you would record a regular deposit.

If these steps sound pretty simple, they are. In fact, I’d go so far as to say that
if you’ve been plugging along, doing just fine with a checking account, you’ll
find that keeping track of a debit card is as easy as eating a bag of potato chips.