payments not registering in loan

#3 11-15-2004, 02:16 PM

This answer could have been clearer:

Using Bills:Mortgage Payment is indeed wrong if you have a Money Loan
Account setup to track the loan liability. See reply below for how they
should be "categorized".

Bills:Mortgage Payment is an "Expense Category"--it makes the money go away
and says why it went away. This would be appropriate if you didn't have a
Money Loan Account setup to track the mortgage loan liability. Loan
Payment:[name of mortgage account] is a "Special Category" that does special
things besides just record an expense: a) Loan Payment:[name of mortgage
account] respects the loan specifics of [name of mortgage account] to
determine and categorize an Expense portion of the payment for the interest
accrual based on the remaining balance, interest rate, and interest Expense
Category setup when you setup the Money Loan Account, and b) applies the
remainder as a transfer from the cash account to the Money Loan Account
liability, reducing the balance of the liability.

That may not have made it clearer, but I tried.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:ePhMjBlyEHA.1564[at]TK2MSFTNGP09.phx.gbl...
- quote -

> That is indeed wrong. See reply below for how they should be
"categorized".
> Bills:Mortgage Payment is an "Expense Category"--it makes the money go
away
> and says why it went away. Loan Payment:[name of mortgage account] is a
> "Special Category" that a) respects the loan specifics of [name of
mortgage
> account] to determine and categorize an Expense portion for the interest
> accrual and b) applies the remainder as a transfer from the cash account
to
> the liability, reducing the balance of the liability.
> "jacobite" <jacobite[at]discussions.microsoft.com> wrote in message
> news:E6AF63E3-936C-40A8-9E98-14577C2C652C[at]microsoft.com...
> > Hi Dick - thanks for answering.
> > > There are no downloaded transactions involved. The payments in the
paying
> > register are categorised as Bills: Mortgage Payment. Is this wrong?
> > > "Dick Watson" wrote:
> > > > Are downloaded transactions involved? Are the payments in the paying
> > > register categorized as Loan Payment:[name of Money loan account].

#2 11-14-2004, 12:46 PM

That is indeed wrong. See reply below for how they should be "categorized".
Bills:Mortgage Payment is an "Expense Category"--it makes the money go away
and says why it went away. Loan Payment:[name of mortgage account] is a
"Special Category" that a) respects the loan specifics of [name of mortgage
account] to determine and categorize an Expense portion for the interest
accrual and b) applies the remainder as a transfer from the cash account to
the liability, reducing the balance of the liability.

"jacobite" <jacobite[at]discussions.microsoft.com> wrote in message
news:E6AF63E3-936C-40A8-9E98-14577C2C652C[at]microsoft.com...
- quote -

> Hi Dick - thanks for answering.
> There are no downloaded transactions involved. The payments in the paying
> register are categorised as Bills: Mortgage Payment. Is this wrong?
> "Dick Watson" wrote:
> > Are downloaded transactions involved? Are the payments in the paying
> > register categorized as Loan Payment:[name of Money loan account].
> > > "jacobite" <jacobite[at]discussions.microsoft.com> wrote in message
> > news:ED47EB77-97F2-48FC-A322-B6C1C5E39E93[at]microsoft.com...
> > > my mortgage payments don't appear to be registering as transactions in
> > > the
> > > account register. I've set up loans in the past no problem.
> > > > > Anyone any ideas?
> > >

#1 11-14-2004, 09:18 AM

Hi Dick - thanks for answering.

There are no downloaded transactions involved. The payments in the paying
register are categorised as Bills: Mortgage Payment. Is this wrong?

"Dick Watson" wrote:

- quote -

> Are downloaded transactions involved? Are the payments in the paying
> register categorized as Loan Payment:[name of Money loan account].
> "jacobite" <jacobite[at]discussions.microsoft.com> wrote in message
> news:ED47EB77-97F2-48FC-A322-B6C1C5E39E93[at]microsoft.com...
> > my mortgage payments don't appear to be registering as transactions in the
> > account register. I've set up loans in the past no problem.
> > > Anyone any ideas?

11-09-2004, 08:58 PM

Are downloaded transactions involved? Are the payments in the paying
register categorized as Loan Payment:[name of Money loan account].

"jacobite" <jacobite[at]discussions.microsoft.com> wrote in message
news:ED47EB77-97F2-48FC-A322-B6C1C5E39E93[at]microsoft.com...
- quote -

> my mortgage payments don't appear to be registering as transactions in the
> account register. I've set up loans in the past no problem.
> Anyone any ideas?

#-1 11-09-2004, 07:57 PM

my mortgage payments don't appear to be registering as transactions in the
account register. I've set up loans in the past no problem.

Anyone any ideas?

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