Mortgage with Escrow Setup

#1 03-03-2005, 04:23 AM

BTW: you might want to use news:msnews.microsoft.com/microsoft.public.money
for better performance/less posting propagation delay.

"Gary Young" <tauneutrino_99[at]sbcglobal.net> wrote in message
news:1OuVd.5409$DW.3409[at]newssvr17.news.prodigy.com...
- quote -

> I'm using MS Money 2005 and have been following the posts for adding
> escrow to a mortgage but can't seem to get it to work the way I want.
> I setup an Asset account for the home and a Cash account for the escrow.
> So, I thought it would be fairly straightforward from here but not so. The
> principal and interest calculated correctly. I then chose the Other Fees
> button to add an additional amount for the transfer into the Escrow
> account. However, the category/subcategory list does not display any
> "Transfer To: " accounts.
> I also tried just selecting any expsnse category and then going back to
> edit it but the transfer accounts still didn't display.
> What am I doing wrong? This seemed to be the methods that were being
> suggested.

03-03-2005, 04:18 AM

You may not be doing anything wrong. Money is just incredibly lame sometimes
about actually bothering to list everything that's legal and valid in the
pulldowns. Try typing out "transfer:[name of escrow account]". Even if it's
not in the list, it should allow it you to enter it by typing it out.

"Gary Young" <tauneutrino_99[at]sbcglobal.net> wrote in message
news:1OuVd.5409$DW.3409[at]newssvr17.news.prodigy.com...
- quote -

> I'm using MS Money 2005 and have been following the posts for adding
> escrow to a mortgage but can't seem to get it to work the way I want.
> I setup an Asset account for the home and a Cash account for the escrow.
> So, I thought it would be fairly straightforward from here but not so. The
> principal and interest calculated correctly. I then chose the Other Fees
> button to add an additional amount for the transfer into the Escrow
> account. However, the category/subcategory list does not display any
> "Transfer To: " accounts.
> I also tried just selecting any expsnse category and then going back to
> edit it but the transfer accounts still didn't display.
> What am I doing wrong? This seemed to be the methods that were being
> suggested.

#-1 03-03-2005, 01:39 AM

I'm using MS Money 2005 and have been following the posts for adding escrow
to a mortgage but can't seem to get it to work the way I want.

I setup an Asset account for the home and a Cash account for the escrow.
So, I thought it would be fairly straightforward from here but not so. The
principal and interest calculated correctly. I then chose the Other Fees
button to add an additional amount for the transfer into the Escrow account.
However, the category/subcategory list does not display any "Transfer To: "
accounts.

I also tried just selecting any expsnse category and then going back to edit
it but the transfer accounts still didn't display.

What am I doing wrong? This seemed to be the methods that were being
suggested.

Similar Threads
Thread	Forum	Replies	Last Post
how to move mortgage from checking account into mortgage, escrow acct jmoeller18: M05 Std how to move mortgage from checking account into mortgage, escrow acct? in order to categorize all of my checking account transactions, i...	Microsoft Money	5	02-26-2005 04:36 PM
Mortgage escrow account Chris: I am having trouble tracking my home mortgage payment information so I can get both the principal to populate the loan account and to get the escrow...	Microsoft Money	1	02-19-2005 04:32 AM
Mortgage Escrow Accounts Jeff Shockley: I just recently upgraded to Money 2005, which by the way was a mistake. I am trying to change a mortgage payment to transfer money to an escrow...	Microsoft Money	3	12-19-2004 01:19 AM
Setup Mortgage Account with Escrow? Fixedamage: I've tried to set up my mortgage account in Money2005, and it asks for Remaining Balance, Interest, Principal+ Interest, and Balloon Amount. I'm...	Microsoft Money	1	10-27-2004 05:52 PM
setting up an escrow account in the mortgage setup Bill Saxon: My mortgage, as do most, has an escrow payment each month that is included in the payment of principal and interest. I have always following...	Microsoft Money	1	01-04-2004 05:47 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode