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Old 10-09-2004, 03:39 PM
Dick Watson
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Default Re: Paycheck

I use this feature six times a month or so.

The sum of the paycheck is the amount you can cash it for--or the amount you
deposit.

Money expects the wages tab to be all of the gross items and the before-tax,
tax, and after-tax tabs to be all of the deducts.

I think the answer to your question is that money expects your budget to
reckon with all of these things. I.e., budget income based on gross and
budget the taxes.

<smithalb[at]comcast.net> wrote in message
news:0f8701c4addc$f0805890$a501280a[at]phx.gbl...
- quote -

> Has anyone here used the Paycheck featue in Money for
> entering wages, deductions before taxes, taxes and
> deductions after taxes? When I click done in the paycheck
> window Money tells me that the wages and deductions are
> not equal asks we to handle the unassigned amount. If I
> click "Set total transaction amount", which sets the
> paycheck vaule to the sum of the splits, the Wages and
> Salary information is not updated with the sum of the
> splits. Why is that? I would like to assign the sum of
> the splits to my net income and use it to calculate my
> budget. If anyone uses this paycheck feature, please
> advise on how to deal with unassigned amounts and how you
> use the paycheck feature to calculate your budget.
> Thanks.



  #-1  
Old 10-09-2004, 08:49 AM
Guest
 
Posts: n/a
Default Paycheck

Has anyone here used the Paycheck featue in Money for
entering wages, deductions before taxes, taxes and
deductions after taxes? When I click done in the paycheck
window Money tells me that the wages and deductions are
not equal asks we to handle the unassigned amount. If I
click "Set total transaction amount", which sets the
paycheck vaule to the sum of the splits, the Wages and
Salary information is not updated with the sum of the
splits. Why is that? I would like to assign the sum of
the splits to my net income and use it to calculate my
budget. If anyone uses this paycheck feature, please
advise on how to deal with unassigned amounts and how you
use the paycheck feature to calculate your budget.
Thanks.
 

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