Thanks, Chris.
I think I have it straightened out, in fact I just figured out that yes, my
escrow payments for things like home insurance and real estate taxes are also
showing up twice, so I'm in the process of getting that cleaned up too.

"Chris Cowles" wrote:

- quote -

It does double the expense if you include it in another category, so don't
include it in another category. That's the only control you have. The debt
category is part of the budget and that cannot be changed. Also, it includes
transfers to escrow that are part of scheduled debt payments, so, if you
configure your escrow as transfers rather than expenses, don't budget for
property taxes or you'll double-count those expenses, as well.
--
Chris Cowles
Gainesville, FL


"MadDad" <MadDad[at]discussions.microsoft.com> wrote in message
news:5116D81A-1CF0-44CB-AFAE-6F41D47AB476[at]microsoft.com...
- quote -

Has anyone else figured out that I'm confused?
I'm not so sure my reply below is correct.
I don't like replying to myself.....can anyone help (referring to with my
money problem, not my stupidity)

"MadDad" wrote:

- quote -

Might have figured this out....when I balanced the credit card accounts, it
seems to have "matched" the transactions, and removed the doubled expenses.
It may be that since I'm in the process of entering data into my accounts
(i'm going back to the beginning of this year), things are a little jumbled
until I balance everything?

"MadDad" wrote:

- quote -

New user, trying to understand why the debt category in the "Monthly Budget"
report includes transfers from my checking account to the credit card
accounts. I've read thru many other posts here and just can't get a grasp of
what is going on.
I was under the impression that transfers aren't expenses.
It seems to me that this doubles an expense that is already included in one
of the other categories. Or maybe this is a correct behavoir and my lack of
accounting skills makes me stupid. For example, I charge 20 bucks to my
credit card for gas, which shows up in the expense category
"Automobile:Gasoline". When I transfer the 20 dollar payment from my checking
account to the credit card account, it appears that that 20 dollar payment is
being added again as an expense in the "debt" category.
I have all checking and credit card accounts set to show up in budget.
(just to play around, I tried to uncheck the box "include this account in
the budget planner", and it won't let me uncheck it)
I download transactions for the credit cards, and go in and edit them as
required to get them in the correct category.
All "payments" to the credit cards are made as transfers from checking.
I'm using "transfer", not "credit card payment".