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Old 10-08-2005, 04:09 PM
Chris Cowles
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Default Re: Can Money store bill balances?

What I did not state explicitly, and is implied by Dick's FAQ: creating a
liability account (account payable, in accounting terminology) records the
entire expense at the time the bill is recorded, not when it is finally
paid.

If you think of expenses as being incurred when you pay them, creating a
liability account runs counter to that process. However, that's also how
credit card payments work in Money. Expenses are incurred at the time of a
purchase; payment toward the credit card balance is not an expense.
--
Chris Cowles
Gainesville, FL


"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:%23RJBzb7yFHA.664[at]tk2msftngp13.phx.gbl...
- quote -

> See also http://umpmfaq.info/faqdb.php?q=132.
> "BDK" <BDK[at]discussions.microsoft.com> wrote in message
> news:298D90B7-A9CC-4F60-B598-196D52517C16[at]microsoft.com...
> > Can money store my bill balances? For instance if I only partially pay a
> > bill, I'd like to see what my balance is.



  #1  
Old 10-08-2005, 03:18 AM
Dick Watson
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Default Re: Can Money store bill balances?

See also http://umpmfaq.info/faqdb.php?q=132.

"BDK" <BDK[at]discussions.microsoft.com> wrote in message
news:298D90B7-A9CC-4F60-B598-196D52517C16[at]microsoft.com...
- quote -

> Can money store my bill balances? For instance if I only partially pay a
> bill, I'd like to see what my balance is.



 
Old 10-08-2005, 02:33 AM
Chris Cowles
Guest
 
Posts: n/a
Default Re: Can Money store bill balances?

Only if you create a liability account, record the bill as a liability, then
pay all or part. The balance of the liability account is the balance of the
bill.
--
Chris Cowles
Gainesville, FL


"BDK" <BDK[at]discussions.microsoft.com> wrote in message
news:298D90B7-A9CC-4F60-B598-196D52517C16[at]microsoft.com...
- quote -

> Can money store my bill balances? For instance if I only partially pay a
> bill, I'd like to see what my balance is.



  #-1  
Old 10-07-2005, 09:08 PM
BDK
Guest
 
Posts: n/a
Default Can Money store bill balances?

Can money store my bill balances? For instance if I only partially pay a
bill, I'd like to see what my balance is.
 

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balances, bill, money, store
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