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Old 12-29-2004, 02:56 PM
Gary44
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Default Re: ATM withdraw an untrackable expense?

Hi Jordan.

I noticed the same thing.

If you have just a simple ATM withdrawal, without debit cards, etc, you can
create a new category called ATM Withdrawals, or something similar.

This is what I did. Depending on which version of Money you use, you can
create it as a subcategory under Banking, or as a stand alone category.

Good luck,

Gary

"jordan" <jordan[at]discussions.microsoft.com> wrote in message
news:03FF237D-9220-4EAD-B4EF-CA121C8E3C62[at]microsoft.com...
- quote -

> This might be a lame question, but how should i catagorized an atm
withdraw,
> especially if its made at the register along with your other purchases??
> right now i have it as a custom made expense "atm withdraw", how have you
> done it??
> and who would the payee be? thanks..



  #1  
Old 12-28-2004, 11:07 PM
Dick Watson
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Default Re: ATM withdraw an untrackable expense?

See http://umpmfaq.info/faqdb.php?q=93. If it's made as part of, say, a
purchase at the grocery store on your Discover card, you can record the
whole transaction amount and then split it into, say $80 Food:Groceries and
$20 Transfer:[the cash account described in the FAQ answer].

"jordan" <jordan[at]discussions.microsoft.com> wrote in message
news:03FF237D-9220-4EAD-B4EF-CA121C8E3C62[at]microsoft.com...
- quote -

> This might be a lame question, but how should i catagorized an atm
> withdraw,
> especially if its made at the register along with your other purchases??
> right now i have it as a custom made expense "atm withdraw", how have you
> done it??
> and who would the payee be? thanks..



 
Old 12-28-2004, 10:57 PM
SJCOHEN730
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Posts: n/a
Default Re: ATM withdraw an untrackable expense?

- quote -

> Subject: ATM withdraw an untrackable expense?
> From: =?Utf-8?B?am9yZGFu?= jordan[at]discussions.microsoft.com
> Date: 12/28/2004 5:25 PM Eastern Standard Time
> Message-id: <03FF237D-9220-4EAD-B4EF-CA121C8E3C62[at]microsoft.com> This might be a lame question, but how should i catagorized an atm withdraw,
> especially if its made at the register along with your other purchases??
> right now i have it as a custom made expense "atm withdraw", how have you
> done it??
> and who would the payee be? thanks..


I have set-up an account called Cash on Hand. This account is reconciled by me
on the last day of the month to whatever cash I have at that time. The account
is credited as a transfer from my bank checking account whenever I do an ATM.
The account is charged via scheduled expenses based on my history of spending
cash for food, household expenses or leisure items as well as any specific cash
I might spend when I get a haircut. Same process can be used with credit cards
by setting up a credit card account and charging all your expenses to it and
then when you pay off the card each month doing a transfer from your checking
account to credit your credit card account. Hope this helps. Steve
  #-1  
Old 12-28-2004, 09:25 PM
jordan
Guest
 
Posts: n/a
Default ATM withdraw an untrackable expense?

This might be a lame question, but how should i catagorized an atm withdraw,
especially if its made at the register along with your other purchases??

right now i have it as a custom made expense "atm withdraw", how have you
done it??

and who would the payee be? thanks..

 

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atm, expense, untrackable, withdraw
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