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  #3  
Old 12-04-2004, 05:17 PM
Dick Watson
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Default Re: Paycheck showing up on budget report

To explicitly answer your second question, if the category you used for the
gross (Wages & Salary:Gross Income or something like that) does show up in
the Budget, then your Income for the month **does** show up. That is your
income. Taxes are an Expense. If they show up, then all is good and your
budget is tracking what's really going on, not just the after-tax portion of
what's going on.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:ur6mRwi2EHA.2804[at]TK2MSFTNGP15.phx.gbl...
- quote -

> I assume with "Why doesn't it show up on the budget report, meaning the net
> that is left after the deductions?" you mean the pronoun "it" to refer to
> "the net that is left".
> Because the net is irrelevant if you are budgeting for the deductions from
> gross. Does the category you assigned to the gross amount show up in the
> budget? Do the tax categories you used on the taxes tab show up in the
> budget? If these are going to show up, then you want to reflect the gross,
> otherwise budget will look like you are paying taxes twice.
> "Perplexed" <Perplexed[at]discussions.microsoft.com> wrote in message
> news:C2F2D850-CD7D-4DFB-9092-33EAEF8067C9[at]microsoft.com...
> > I assigned the gross amount to the correct category. Why doesn't it show
> > up
> > on the budget report, meaning the net that is left after the deductions?
> > Else, how does this income ever get reflected in the budget report for
> > that
> > month as income?



  #2  
Old 12-04-2004, 05:05 PM
Dick Watson
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Posts: n/a
Default Re: Paycheck showing up on budget report

I assume with "Why doesn't it show up on the budget report, meaning the net
that is left after the deductions?" you mean the pronoun "it" to refer to
"the net that is left".

Because the net is irrelevant if you are budgeting for the deductions from
gross. Does the category you assigned to the gross amount show up in the
budget? Do the tax categories you used on the taxes tab show up in the
budget? If these are going to show up, then you want to reflect the gross,
otherwise budget will look like you are paying taxes twice.

"Perplexed" <Perplexed[at]discussions.microsoft.com> wrote in message
news:C2F2D850-CD7D-4DFB-9092-33EAEF8067C9[at]microsoft.com...
- quote -

> I assigned the gross amount to the correct category. Why doesn't it show
> up
> on the budget report, meaning the net that is left after the deductions?
> Else, how does this income ever get reflected in the budget report for
> that
> month as income?
> "Perplexed" wrote:
> > When allocating a paycheck to verious pre-tax, post-tax, etc. categories
> > my
> > net deposit does not show up on the monthly budget report. I have
> > checked
> > and the category is correct but does not show on the budget report. It
> > does
> > however show on the monthly income/expense report. Why and how do I
> > correct
> > this?



  #1  
Old 12-04-2004, 04:57 PM
Perplexed
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Posts: n/a
Default RE: Paycheck showing up on budget report

I assigned the gross amount to the correct category. Why doesn't it show up
on the budget report, meaning the net that is left after the deductions?
Else, how does this income ever get reflected in the budget report for that
month as income?

"Perplexed" wrote:

- quote -

> When allocating a paycheck to verious pre-tax, post-tax, etc. categories my
> net deposit does not show up on the monthly budget report. I have checked
> and the category is correct but does not show on the budget report. It does
> however show on the monthly income/expense report. Why and how do I correct
> this?

 
Old 12-04-2004, 04:30 PM
Dick Watson
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Posts: n/a
Default Re: Paycheck showing up on budget report

In general, you don't--if you really want to track the gross paycheck--which
there are many reasons to do. That's because there is nothing assigned to
the "net" category since the net is just what you assigned to "gross" less
all of the other things you categorized. Note that the budget should show an
amount budgeted for each of the items between net and gross. (I.e., social
security, state withholding, federal withholding, etc.)

"Perplexed" <Perplexed[at]discussions.microsoft.com> wrote in message
news:975CECB7-84B0-4A81-B08F-5564269033CD[at]microsoft.com...
- quote -

> When allocating a paycheck to verious pre-tax, post-tax, etc. categories
> my
> net deposit does not show up on the monthly budget report. I have checked
> and the category is correct but does not show on the budget report. It
> does
> however show on the monthly income/expense report. Why and how do I
> correct
> this?



  #-1  
Old 12-04-2004, 03:55 PM
Perplexed
Guest
 
Posts: n/a
Default Paycheck showing up on budget report

When allocating a paycheck to verious pre-tax, post-tax, etc. categories my
net deposit does not show up on the monthly budget report. I have checked
and the category is correct but does not show on the budget report. It does
however show on the monthly income/expense report. Why and how do I correct
this?
 

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budget, paycheck, report, showing
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