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#1
12-02-2004, 03:11 AM
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 Re: Asset Account in Budget Uhh... duh.... <slap self silly Thanks Dick! - Merg "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in message news:OzROvOC2EHA.2568[at]TK2MSFTNGP11.phx.gbl... - quote - > Make it a cash account, not an asset account. Then the option will be > available in details. The only advantage to an asset account is the ability > to tie to a loan. Clearly unnecessary in this case and it trades off the > feature you do want. > "The Merg" <howard_mergler[at]NOSPAM.themerg.net> wrote in message > news:ObcAb%23B2EHA.1400[at]TK2MSFTNGP11.phx.gbl... > I am using MS$ 2004 Deluxe. As Money does not have a decent savings goal > feature in it, I use asset accounts to maintain savings goals for me. For > example, if I am planning a vacation and want to put aside $1,000 for it, I > would create an asset account and over time I would transfer money into that > account from my checking account. When I want to use the money for the > vacation, I just transfer it all back into my checking account. > The issue, I am having though is that all my transfers to my "savings goals" > are considered to be expenses as transfers out of budget accounts. Is there > some way I can include the asset accounts in my budget so that these > transfers are not seen as expenses? I cannot find any option to include them > in the budget like checking accounts and credit card accounts have. |
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12-02-2004, 03:00 AM
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| Re: Asset Account in Budget Make it a cash account, not an asset account. Then the option will be available in details. The only advantage to an asset account is the ability to tie to a loan. Clearly unnecessary in this case and it trades off the feature you do want. "The Merg" <howard_mergler[at]NOSPAM.themerg.net> wrote in message news:ObcAb%23B2EHA.1400[at]TK2MSFTNGP11.phx.gbl... I am using MS$ 2004 Deluxe. As Money does not have a decent savings goal feature in it, I use asset accounts to maintain savings goals for me. For example, if I am planning a vacation and want to put aside $1,000 for it, I would create an asset account and over time I would transfer money into that account from my checking account. When I want to use the money for the vacation, I just transfer it all back into my checking account. The issue, I am having though is that all my transfers to my "savings goals" are considered to be expenses as transfers out of budget accounts. Is there some way I can include the asset accounts in my budget so that these transfers are not seen as expenses? I cannot find any option to include them in the budget like checking accounts and credit card accounts have. |
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#-1
12-02-2004, 02:30 AM
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| Asset Account in Budget I am using MS$ 2004 Deluxe. As Money does not have a decent savings goal feature in it, I use asset accounts to maintain savings goals for me. For example, if I am planning a vacation and want to put aside $1,000 for it, I would create an asset account and over time I would transfer money into that account from my checking account. When I want to use the money for the vacation, I just transfer it all back into my checking account. The issue, I am having though is that all my transfers to my "savings goals" are considered to be expenses as transfers out of budget accounts. Is there some way I can include the asset accounts in my budget so that these transfers are not seen as expenses? I cannot find any option to include them in the budget like checking accounts and credit card accounts have. Thanks, The Merg -- Today's problems don't worry me, I haven't solved yesterday's yet. |
| Tags |
| account, asset, budget |
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