Home Purchase

07-31-2005, 10:45 PM

See http://umpmfaq.info/faqdb.php?cat=23. If it doesn't get you there, check
back.

"Erissa" <lisa[at]aol.com> wrote in message
news:1122847141.072216.294130[at]g14g2000cwa.googlegroups.com...
- quote -

> Trying to figure out how to record the loan on a home purchase. For
> example if you get a $100k loan you create as new mortgage account in
> MSMoney. However there is no way to allocate this when you are entering
> the transaction from the title company. Do you record this as other
> income? I have everything else entered, new building asset and
> settlement expenses except no way to move the mortgage amount into the
> loan account.

#-1 07-31-2005, 09:59 PM

Trying to figure out how to record the loan on a home purchase. For
example if you get a $100k loan you create as new mortgage account in
MSMoney. However there is no way to allocate this when you are entering
the transaction from the title company. Do you record this as other
income? I have everything else entered, new building asset and
settlement expenses except no way to move the mortgage amount into the
loan account.

Similar Threads
Thread	Forum	Replies	Last Post
Record home purchase q Bryan: I've just purchased a home and want to record it in Money04. We added an asset account for the title company, to which we wrote checks. Upon...	Microsoft Money	2	07-19-2005 07:50 PM
House Purchase agrag: All, Using: Money 2003 Made a house purchase. How did you handle: The closing costs, what account did you use/call it? It's a straight...	Microsoft Money	4	06-05-2004 11:14 PM
Home Sale and Purchase Phil Criswell: Does anybody know of how, in Money, to account for the sale and subsequent purchase of a house. Not really clear in the Help files that I can see....	Microsoft Money	3	12-11-2003 02:27 AM
Re: Can't link a Home Equity Line of Credit to Home Asset Acct Javier Ruiz: Thank you Richard, That made sense, I did the change, but for whatever reason, when I go to associate another loan account, the pull-down...	Microsoft Money	2	08-30-2003 03:30 PM

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