- quote -

I have a simliar issue, in that I don't budget my entire paycheck. To do
this, I setup my reoccuring depost without a category, just a payee and an
amount.

Then, in the budget setup, i put in the amount I want to budget each month.
When i enter transactions for my reoccuring deposit, I fill in the categories
and tell Money to NOT save the changes. If you save the changes then it
will add the reoccuring deposit to your budget (I cannot find a way to have
a reoccuring transaction NOT show up on the budget)

--Brian

Look at the very bottom of the category list.

--
Michael Gordon
MVP


"wh" <wh[at]discussions.microsoft.com> wrote in message
news:6122FB7B-D2AC-49BA-96CD-0CE5E7E14516[at]microsoft.com...
- quote -

Hi Cal - Thanks for your quick response...

"Cal Learner-- MVP" wrote:

- quote -

I don't seem to have a "SPECIAL Credit Card Payment" category.

- quote -

I seem to have ended up with a number of "Credit Card Payment: <cc> "
categories. I'm not sure how I got time, since best I can remember there used
to only be EXPENSE: "Transfer to <cc> " categories before. How are they
different, and what confusion will arise (now that I started using them
yesterday, just before I sent the original message, above)?

- quote -

Thanks for the suggestions. It sounds like my original method of using
Transfer To is actually a good way to do this. I wish Money would handle this
transfer case better, e.g. if you balance your cc account before receiving
your bank statement (and creating marking the transactions as transfers) it
will later complain about changing a reconciled transaction.

- quote -

Any idea what the Transfer type is good for? I've found that sometimes I can
change a transaction to this, but other times it insists on creating a new
entry rather than changing the one I've selected.

- quote -

San Francisco. I have EXPENSE and INCOME, but no SPECIAL.

Warren

In microsoft.public.money, wh wrote:

- quote -



There is more than one good way to download your credit card
data and have also the payment downloaded from a checking account.
Here are three ways I like, with :

1. When you process the first transaction of the credit card
payment, set the category as a transfer to the other ( credit card
or bank account), or use the equivalent "SPECIAL Credit Card
Payment" category. When you process the second transaction,Money
should match it. Be careful to not just Accept if Money did not
find the match on its own for some reason. Click Change and match
it to the transfer you already made if Money did not match it for
you. I would consider this the classic of the ways I like. Note
that for this you would *not* use the Money 2005 "EXPENSE Credit
Card Payment". Instead you should consider deleting that "EXPENSE
Credit Card Payment" to avoid confusion.

2. In method 2, don't handle credit card payments as transfers or
the pre-defined "Credit Card Payment Instead create one category of
"CC payment" or some such. If you define the category as an
expense category, expect a warning when you use it to represent the
payment within the credit card account -- if you have the warning
enabled. Just click Yes in response to the warning. The category
should net at zero in reports across accounts, and you can still
customize to ignore the category if you like. [this is Bonnie
Synhorst's favorite method.]. For this method you *could* use the
Money 2005 "EXPENSE Credit Card Payment".

3. Create a suspense account.
I have one I call In Transit, and I called it a "cash or other"
account. Change each of the downloaded transactions into transfer
to/from that account. That account will normally have a zero
balance except while funds are in transit. Make your credit card
payments as transfers to and from that account.




- quote -

What country are you in? Are the items not under headings of
EXPENSE, INCOME and SPECIAL in your version?




> 3. <snip

I have several questions related to managing my accounts in Money 2004:

1. Downloaded Statements and Transfers - I download my statements from my
credit card company and bank, but wish to mark my credit card payment from
the bank statement as a transfer to the cc account. I want to do this so that
the payment amount isn't considered an expense in one acct, and income in the
other. However, when I do this, I end up with either a duplicate payment in
one of the accounts (the opposite one from where I initiate the transfer). Is
there a better way to do this, or some way to make Money more aware of how my
accounts are managed so that this transfer happens automatically? (Note that
my bank is BofA and they don't seem to offer direct download of statements.
Maybe this is part of the problem.)

2. What is the difference between a checking account entry that's of type
Withdraw with Category: Transfer to <cc acct> , one of type Withdraw with
Category: Credit Card Payment: <cc acct> , and one of type Transfer with To:
<cc acct> ?

3. Why does the cash flow graph always go down, down, down for credit card
accounts? I pay them off each month, bu M2004 doesn't seem to factor the
payments into them as balancing them out. Perhaps this is related to my use
of transfers between accounts. What's the right way to do this?

4. My FirstUSA and BankOne Visa cards have both become part of Chase over
time. I would like to change the Financial Institution associated with them,
so that all these accounts are downloaded from the same place. If I use the
Online Services Manager to modify my access to Chase, I can see all my
accounts listed, but in the field labeled "This downloaded account matches:"
M2004 only shows me a subset of my accounts listed there. The accounts not
listed are associated with the old online service name. Same thing in reverse
for the other service providers. Is there any way to break or change the
online service provider associated with an account?

5. The Bills & Deposits list is constantly showing me items that are past
due, and I believe this is because the downloaded transactions are constantly
showing up with different names. How can I match up the past due items with
the actual transactions that they belong to?

6. Annoyances with the Budget - My paychecks don't always fall on the same
days each month, and when viewing the budget for the Last Month, sometimes
they won't be attributed to the proper month. Consequently I'll get a month
grossly under budget followed by a month over budget. How can I make M2004
more tolerant of these discrepancies? I would really rather see my budget
with respect to moving averages rather than discrete values.

Perhaps some of these are addressed in M2006. Please let me know if that is
the case. Thanks very much for any answers you can provide!

Warren