It is a 0% interest account so that is not an issue. I appreciate the
input. I understand the accounting angle of all this, but I wasn't
using Money when I incurred the debt and it seems that for a personal
finance manager, it overly complicates things

Dick Watson wrote:
- quote -

IF the CC account is not set to be "In budget" THEN the scheduled transfer
to the CC should be reflected in BP as Transfer Out of Budget Accounts.
Maybe this works for what you want to see--but now the interest expenses
will not be budget for. As noted in the previous post, these are the one
thing that should be budgeted for.

"Jeff Martin" <no_jmartin[at]ssr-inc.com_spam> wrote in message
news:uPDBgWEGFHA.444[at]TK2MSFTNGP15.phx.gbl...
- quote -

The pedantic answer is that paying down this debt is not a "Budget" issue
except for the currently incurred interest expense. Budgeting for expenses
you incurred a long time ago is like trying to steer going forward by
looking in the rear view mirror. It's a cash flow issue in that servicing it
reduces the cash available for spending now. Money mixes the two
occasionally and it causes even more confusion. They probably hoped it would
lower confusion among people who didn't understand the pedantic answer.

If the account is closed, and you want to track the balance in Money, then
maybe adding this debt to a Debt Reduction Plan is your best bet. IIRC,
debts managed by DRP will be included in the "reduction of available cash"
shown in BP under the Debt section.

"Jeff Martin" <no_jmartin[at]ssr-inc.com_spam> wrote in message
news:OlkIXsDGFHA.3972[at]TK2MSFTNGP15.phx.gbl...
- quote -

I think I worked out a way to do this. I just made sure the CC account
is not in the budget and I just setup a bill to pay the CC. When I
enter it into the register, I add another transaction to the debt
account to reduce the balance by that much. I think it is stupid I have
to do this manually. It doesn't seem to be that complicated of a request.

Jeff Martin wrote:
- quote -

Thanks. As I said in my reply to Bob, I'm not using the CC account (it
is actually closed), I'm just paying off a balance. I want to track my
debt payments and the balance owed. I don't understand why a schedule
bill would show up in the budget, but not show up in the budget reports.

Dick Watson wrote:
- quote -

I'm not spending using the CC. It is just a balance I am paying off. I
want payments made to that account to show up on my budget either as
debt payment or payment to XXXX. I realize I can just delete the
account and have it as a payment, but I want to track the balance owed
also. And when I run reports I want it to show up as the same. I made
sure the CC account is not a budget account. I guess I'm asking is
there a way to not use Transfer and track a balance on a loan or CC?

Bob Peel MVP wrote:
- quote -

See also http://umpmfaq.info/faqdb.php?q=73 which refers to
http://umpmfaq.info/faqdb.php?q=53.

"Jeff Martin" <no_jmartin[at]ssr-inc.com_spam> wrote in message
news:%23i38lLDGFHA.3728[at]TK2MSFTNGP14.phx.gbl...
- quote -

Transfers don't count in budgets. What you should be budgeting for is the CC
spending.

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.
For wishes or suggestions see
http://register.microsoft.com/mswish/suggestion.asp
or for UK wishes http://www.microsoft.com/uk/support/money/feedback

I do not respond to any emails that I have not specifically asked for.

"Jeff Martin" <no_jmartin[at]ssr-inc.com_spam> wrote in message
news:%23i38lLDGFHA.3728[at]TK2MSFTNGP14.phx.gbl...
- quote -

I have setup a credit card account and I want to track my balance, so I
setup a transfer from checking to the CC account. It shows up in my
budget under Transfers, but on all the budget reports (like Spending By
Category or Weekly Spending), it doesn't show up. It seems like I have
tried every different way to setup my accounts so I can budget payments
and track the balance, but there's always one thing that doesn't work
correctly. Can someone explain the "right" way to set up a basic
checking and debt account so I can budget things and track the balance?
And, no, I don't want to use the Debt Reduction Planner. It doesn't
allow me to control what payment gets applied to which debt.

Thanks.