Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #1  
Old 01-02-2005, 12:15 PM
D Fisher
Guest
 
Posts: n/a
Default Re: 2003 CDN Edition - Setting up a 5yr GIC

Thanks mak, that helps. It is frustrating that the CDN edition really
doesn't provide any pertinent info. Perhaps you can help further, once the
CD matures, is there a way to automatically transfer amounts to other
accounts/investments? I have 5 years worth of monthly investments that will
be maturing each month, and re-invested into RRSP's. Will I have to manually
transfer the amounts, or is there a way to set up an automatic xfer. I
assume at maturity that the CD is returned to the associated cash account?

Thanks Again,


"mak" wrote:

- quote -

> On Sat, 1 Jan 2005 15:19:01 -0800, "D Fisher" <D
> Fisher[at]discussions.microsoft.com> wrote:
> > I am trying to set up a retirement account that my employer contributes to; a
> > 5 year guaranteed interest account. Even tho I have the CDN edition, all
> > banking info and retirement account info is for US users, no CDN info
> > available. Is this the same for '04 and '05 versions?
> > > What type of retirement account should I be choosing for the GIC (the 401K

> > perhaps)? The account is just over 5 years old, so there are bi-weekly
> > contributions from my employer, plus on a monthly basis, there are transfers
> > out to RRSP's because of the maturing 5 year old deposits (the employer
> > recently changed from monthly contributions to bi-weekly).
> > > Thanks for your help,

> Use CD (Certificate of Deposit) to mimic a GIC. For the RRSP, use IRA
> (401k I think will also work, Money doesn't do a particularly good job
> distinguishing which should be used if you are a Canadian). The last real
> Canadian version was 2000 and since then Money has been a hybrid of U.S.
> Money with no specific changes that pertain to Canadians. This will
> probably be the case for the foreseeable future.

 
Old 01-02-2005, 02:33 AM
mak
Guest
 
Posts: n/a
Default Re: 2003 CDN Edition - Setting up a 5yr GIC

On Sat, 1 Jan 2005 15:19:01 -0800, "D Fisher" <D
Fisher[at]discussions.microsoft.com> wrote:

- quote -

> I am trying to set up a retirement account that my employer contributes to; a
> 5 year guaranteed interest account. Even tho I have the CDN edition, all
> banking info and retirement account info is for US users, no CDN info
> available. Is this the same for '04 and '05 versions?
> What type of retirement account should I be choosing for the GIC (the 401K
> perhaps)? The account is just over 5 years old, so there are bi-weekly
> contributions from my employer, plus on a monthly basis, there are transfers
> out to RRSP's because of the maturing 5 year old deposits (the employer
> recently changed from monthly contributions to bi-weekly).
> Thanks for your help,


Use CD (Certificate of Deposit) to mimic a GIC. For the RRSP, use IRA
(401k I think will also work, Money doesn't do a particularly good job
distinguishing which should be used if you are a Canadian). The last real
Canadian version was 2000 and since then Money has been a hybrid of U.S.
Money with no specific changes that pertain to Canadians. This will
probably be the case for the foreseeable future.
  #-1  
Old 01-01-2005, 10:19 PM
D Fisher
Guest
 
Posts: n/a
Default 2003 CDN Edition - Setting up a 5yr GIC

I am trying to set up a retirement account that my employer contributes to; a
5 year guaranteed interest account. Even tho I have the CDN edition, all
banking info and retirement account info is for US users, no CDN info
available. Is this the same for '04 and '05 versions?

What type of retirement account should I be choosing for the GIC (the 401K
perhaps)? The account is just over 5 years old, so there are bi-weekly
contributions from my employer, plus on a monthly basis, there are transfers
out to RRSP's because of the maturing 5 year old deposits (the employer
recently changed from monthly contributions to bi-weekly).

Thanks for your help,
 

Tags
2003, 5yr, cdn, edition, gic, setting
Similar Threads
Thread Forum Replies Last Post
Money 2003 Monthly Income & Expenses Report Deluxe edition
Plops_dad: Is wrong. At least mine is. Any help PLEASE. What im finding is my credit card payments are not showing up, not taken into account...
Microsoft Money 2 10-06-2004 01:25 PM
Recording stock options money 2003 standard edition
Michael: When entering stock option puts and calls, my portfolio shows these items as cents rather than dollars . This results in an incorrect total for the...
Microsoft Money 1 09-07-2004 03:17 PM
Setting up a preffered stock and a Reit in Money 2003
Bob Barker: A Reit that is not yet publically traded and a Preffered stock is more like a Bond that a Stock. How best should they be entered and tracked?
Microsoft Money 3 04-09-2004 05:31 PM
Setting up Simple Budget in money 2003 = Impossible!
HeadRusch: Here's my criteria...up until this point I've been doing this by hand in a basic ledger book, and the only part that really sucks is the Deposit...
Microsoft Money 5 02-05-2004 02:37 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 04:57 AM.