Yes I know that. Had I not gotten to that point, I would have had no
amortization table as I said. I did get it to work by deleting the account
and starting over again. But the calculations are quite wacko...more than
rounding errors. Money obviously has a problem in their programming
algorithms for time value of money. Quicken and Quickbooks calculates it
right. I've had to override the interest calculation on 120 payments to get
it to match up with my 1099's and my TValue5 calculations. I have one note
that pays interest only for 5 years and then interest and principal for the
ensuing 5 years. No way I could find to do that in Money except for making
two separate notes; one that terminates in five years and the other that
calculates interest and principal for the next five years. After purchasing
about 8 different versions of Money already, you'd think a cazillionaire
company like Microsoft could at least get one smart programmer to fix these
anomalies. The wizard to do this procedure is also clumsy and if you set up
your loan amount wrong you have to delete the whold procedure and start over
again. There is no way to revise the loan amount, just the other items.
After looking at Quicken 2005, I think they are in the lead in the
butt-kicking contest with Bill Gates in this department. Also, in answer to
my own question, I think I must have answered the wizard question incorrectly
that asks if I wanted to track all aspects of the loan instead of just paying
the payment each month. I can't imagine an accounting program or a user for
that matter not wanting to know interest paid and interest earned. Oh, well
I think I figured a way to work around yet another Money anomoly. Thanks for
taking the time to reply to my post Dick.

"Dick Watson" wrote:

- quote -

I'm not sure I follow your scenario; but you can create a type of loan that
is a loan you made rather than one you received. (It's the first or second
question in the create loan account dialog.) Then these loan payments know
all about interest and transfer from the positive loan balance to your cash
account when you deposit the check.

"Jack Benimble" <Jack Benimble[at]discussions.microsoft.com> wrote in message
news:C2C52F0B-0A81-4C8F-85B9-2E9E232CC61A[at]microsoft.com...
- quote -

I have set up an account for money I receive on 2 separate notes from the
sale of a business. It amortizes the note fine, but when I enter the
recurring payment I receive at the beginning of each month, there is no way I
can attach that payment to the note. I can only see the "payee" (who is
actually the "payor" since I'm receiving the payment) and not the Promisorry
Note 1 and Promisorry Note 2 I have set up in the accounts. So I have no way
of tying that monthly payment that is deposited in my checking account to the
note receivable asset I have set up. Any suggestions would be appreciated.
I'd like to enter the payment each month from the Bills section and record
the payment to my checking account and have it also interface with the two
separate accounts for the notes. Any help would be appreciated.