Thanks. I figured out what happened. I has initially set up the loan as a
monthly payment and then realized that it was a twice a month payment. When
I went to edit the loan details then, it does not give you the option of
changing the payment frequency.

- The Merg

--
Today's problems don't worry me,
I haven't solved yesterday's yet.




"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:%23qRftqLhEHA.1356[at]TK2MSFTNGP09.phx.gbl...
- quote -

Are we talking the "Paid How Often" choice in the New Loan Account dialog?
M04? Mine offers twelve choices including twice a month. (I think the twelve
choices are the same as the choices offered in scheduling a recurring
transaction.)

I think you are trying to setup loan length (there is where I find the
choices you cite) on a loan that you said was paid monthly. If you say
(several panels back) that the loan is paid twice a month, then select the
number of payments.

"The Merg" <howard_mergler[at]NOSPAM.themerg.net> wrote in message
news:ez0oRkIhEHA.384[at]TK2MSFTNGP10.phx.gbl...
- quote -

I have a loan that is paid semi-monthly (twice a month). Is there any way I
can set up Money to make payments twice a month for the loan? When setting
up the loan, it allows me to choose between Months, Years and Payments. If I
select Payments, it automatically converts it to Months.

Thanks,
The Merg

--
Today's problems don't worry me,
I haven't solved yesterday's yet.