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#2
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| 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 |
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| On 2005-02-07, jmoeller18 <jmoeller18[at]yahoo.com> wrote: - quote - > within 2004 standard i started to create wages & salary sub-categories
I don't know why you did it that way in M04. I haven't migrated> 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. 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. |
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| 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 |
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#-1
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| 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 |
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