Microsoft KB Archive/162867

Assigning Financial Institution Transaction Identifiers

PSS ID Number: Q162867 Article last modified on 09-12-1997

5.00 1.00

WINDOWS

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The information in this article applies to:

 Microsoft Money, version 5.0 == Open Financial Connectivity 1.0 == 

This information is intended for use by banks and solution providers who are evaluating or implementing a home banking server solution using OFC and Microsoft Money. For a fuller description of Open Financial Connectivity (OFC) please see the OFC specification. The specification is available for download on the Microsoft Web site by searching on the keyword OFC.

= SUMMARY =

The Financial Institution Transaction Identifier (FITID) is expected to be assigned by the Financial Institution to each statement detail item. Money stores this ID with the transaction when it is imported. On subsequent calls, if these transactions are downloaded again, Money will be able to ensure that duplicate transactions are not entered in the account register by associating the duplicate transactions with the FITID. For this reason, these ID’s are very important because they ensure the customer’s perception of accurate financial data.

KBCategory: kbonline KBSubcategory: Additional reference words: 5.00 1.00 ofcdev Ham

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========================================================= Version : 5.00 1.00 Platform : WINDOWS ============================================================================= Copyright Microsoft Corporation 1997.