As did said, you do not need the Cash account. I also found that in the
case of my CU that the idea used by Money to use an investment account
was not the best way to set up the CD's in Money. The particular CU I
am a member of is available for web downloads and online access. They
treat each CD as a separate account. Thus I have converted my
individual CD's into separate accounts so that the interest can be
automaticaaly entered into Money. Hope I do not exceed the number of
accounts Money allows. Or maybe that would be a good thing.

Art

Jeff P. wrote:

- quote -

What you have is certainly OK. But the Investment Cash account is not a
requirement, either. You can delete it from the Investment Account details,
and revert to just a standard savings account and the investment account, if
you prefer.

"Jeff P." <jeff_phil-NO[at]SPAM-yahoo.com> wrote in message
news:10hascrqu77nnf1[at]corp.supernews.com...
- quote -

I just joined another credit union for the sole purpose of purchasing
certificates of deposits there. To maintain a membership, they require that
$5 be held in a savings account under my name. When I buy a CD, I have to
deposit money into that savings account and then they will immediately
transfer it to the CD. Although I could if I wanted to, I have no intention
of depositing any other funds to this savings account except with the intent
of purchasing CDs.

I setup the savings account in Microsoft Money and then added the
Ceritificate of Deposit as an investment account. When I did so, Microsoft
Money automatically created a special "Cash" account for the investment
account. Now when I enter that I deposited money to the savings account and
purchased a CD with it (a 'buy' investment transaction), I'm left with
either having to transfer it into this special CD "Cash" account or leave
one register or the other empty.

So, now I've deleted the "bank" or "savings" account from Microsoft Money
and entered all of it's transactions on the investment "cash" account
register instead. Is there any harm in doing this? Obviously Microsoft Money
doesn't list the savings account with my other bank accounts, and instead
keeps it where I think of it with the Certificates of Deposit in the
Investments list. But, other than that, is there any other feature that is
going to cause a problem verses using a regular MS-Money bank savings
account register?

Thanks,
Jeff