Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #2  
Old 02-07-2005, 06:50 PM
jmoeller18
Guest
 
Posts: n/a
Default Re: wages & salary category per job

i appreciate the help!

A) i now see that i should leverage reports and not create more
sub-categories

B) i'm a newbee, didn't know this was in 2004

  #1  
Old 02-07-2005, 06:42 PM
Mark Horn
Guest
 
Posts: n/a
Default Re: wages & salary category per job

On 2005-02-07, jmoeller18 <jmoeller18[at]yahoo.com> wrote:
- quote -

> within 2004 standard i started to create wages & salary sub-categories
> such
> wages & salary: net pay - company A
> wages & salary: net pay - company B
> now with the paycheck feature in 2005 standard, i question if i need to
> setup a different sub-category for each aspect of a paycheck. what
> advantages does creating a seperate wage&salary sub-category for each
> company hold? I want to assume i will be able to break out the payee
> details without creating these dedicated sub-categories.


I don't know why you did it that way in M04. I haven't migrated
to M05 (1). In M04, I have a paycheck also (2). If I were receiving
pay from multiple companies, first of all, I would enter the gross
amounts and itemize all of the taxes and insurance and all of that.
But I would not create a "gross pay" subcategory for each company.
I'd simply put all into a single subcategory: "Wages & Salary:
Gross Pay".

If I wanted to figure out how much I'd received from each company,
I'd create two customized "Transactions by Category" reports.
In both reports, I'd choose the "Wages & Salary: Gross Pay"
subcategory. But for the first report, I'd set the Payee to
"Company A" and in the second report, I'd set it to "Company B".
If I wanted to see all of my income, I could create a third custom
report that selected all payees.

Just my $.02. Do whatever works for you.

(1) I haven't migrated to M05 because I think it sucks. I tried it.
I didn't like it. I don't know what I'm going to do come September
1, 2007 when my ability to download transactions and quotes goes
away.

(2) To create a paycheck in M04, go to Bills & Deposits, and click
"New-> Deposit". Then in the category, choose "Paycheck". Follow the
steps in the wizard that comes up.
 
Old 02-07-2005, 06:37 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: wages & salary category per job

I don't think there was any change in features in this area M04 Std-> M05
Std.

There probably is no reason to do subcategories by company. You can always
report on Payee and Subcategory to get there from here.

Depending on what you were trying to accomplish, classification may also be
a better way to get where you are trying to go. Read up about it in online
(now literally) help and post back with questions if that seems like it
might be helpful.

"jmoeller18" <jmoeller18[at]yahoo.com> wrote in message
news:1107803725.947290.133980[at]g14g2000cwa.googlegroups.com...
- quote -

> within 2004 standard i started to create wages & salary sub-categories
> such
> wages & salary: net pay - company A
> wages & salary: net pay - company B
> now with the paycheck feature in 2005 standard, i question if i need to
> setup a different sub-category for each aspect of a paycheck. what
> advantages does creating a seperate wage&salary sub-category for each
> company hold? I want to assume i will be able to break out the payee
> details without creating these dedicated sub-categories.
> Thanks!-Jeff



  #-1  
Old 02-07-2005, 06:15 PM
jmoeller18
Guest
 
Posts: n/a
Default wages & salary category per job

within 2004 standard i started to create wages & salary sub-categories
such
wages & salary: net pay - company A
wages & salary: net pay - company B

now with the paycheck feature in 2005 standard, i question if i need to
setup a different sub-category for each aspect of a paycheck. what
advantages does creating a seperate wage&salary sub-category for each
company hold? I want to assume i will be able to break out the payee
details without creating these dedicated sub-categories.

Thanks!-Jeff

 

Tags
category, job, salary, wages
Similar Threads
Thread Forum Replies Last Post
salary payment
robrose: i am trying to write a check out of my corperate checking account to myself as salary. my accountant says the software should be able to track...
Microsoft Money 1 01-28-2005 10:44 PM
entering year to date wages
borgbilt@hotmail.com: I need to keep track of my wages for the year. I just started money 2004. There does not appear to be a way to enter year to date information from...
Microsoft Money 1 11-09-2004 12:30 PM
salary
Won Lee: Two things... 1) Can anyone recommend a good website that will give me depth into Money 2003 standard edition. 2) I have a reoccuring deposit...
Microsoft Money 9 01-02-2004 11:27 PM
Re: Salary Deposits
Dick Watson: Be sure and delete any pre-existing data in the amount before entering the - sign. I'm thinking it might think that you are trying to subtract your...
Microsoft Money 1 08-14-2003 05:06 PM



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 08:51 AM.