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Old 07-09-2005, 07:17 PM
Cal Learner-- MVP
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Default Re: Monthly Income and Expenses

In microsoft.public.money, jerrydy wrote:

- quote -

> I frequently use the Monthly Income and Expenses report in Money 2004 Small
> Business to track my monthly cashflow. The problem is, I couldn't get rid of
> the Transfer section of the report, which records transfers from one account
> to another as income or expense, when in fact, I'm just moving money from one
> account to another. This skews my actual Income less Expense amount at the
> bottom of the report.


If you click Customize, there should be a Rows&Columns tab. There
you can select "Don't include transfers".




  #-1  
Old 07-09-2005, 05:11 PM
jerrydy
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Default Monthly Income and Expenses

I frequently use the Monthly Income and Expenses report in Money 2004 Small
Business to track my monthly cashflow. The problem is, I couldn't get rid of
the Transfer section of the report, which records transfers from one account
to another as income or expense, when in fact, I'm just moving money from one
account to another. This skews my actual Income less Expense amount at the
bottom of the report.

For example, I pay my mortgage monthly. The principal payment is being shown
as a transfer from my savings account to the mortgage account under the
Transfer section and the amount is being deducted from my income. Even when I
exclude that mortgage account using Customize -> Account -> Uncheck the
mortgage account, it still shows up.

Another example is my investment account transactions (buying and selling
equities) are showing up under the Transfer section. When I double click the
numbers, I couldn't figure out how Money arrives at those figures given the
transactions shown. I already have a Capital Gains row under Income section,
so it's not clear to me what this is for. I found that excluding the
investment account (cash) gets rid of this row, while maintaining the Capital
Gains row under the Income section. This is what I wanted but was surprised
that the Capital Gains row didn't disappear since it uses this investment
account.

-Jerry

 

Tags
expenses, income, monthly
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