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#4
11-19-2005, 02:34 PM
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 Re: How do I properly record a trnasfer? Microsoft Money uses double entry accounting principals for its foundation. I would suggest getting a book designed for a basic accounting class to learn why Money handles transactions the way it does. Money does simplify some of the descriptions; instead of calling all entries debits or credits it will call them deposits, payments, charges, etc. But once you have a basic understanding of accounting it will be easy to follow the flow of transactions. The basics like loan amortization or internal rate of return will give you a good understanding of how Money handles the debt payments and the portfolio. For what it's worth, I've never seen a book on Money that gave details on the behind-the-scenes processing. The advanced guides just cover more features, but don't tell you why it is handled that way. "J_arse" <Jarse[at]discussions.microsoft.com> wrote in message news:309994E0-C0AF-489A-BD6E-AD655685E2E1[at]microsoft.com... - quote - > Do you know a more advaced user guide to help me understand the actual > accounting of the software. I know that choosing special transfer does it > but I would like to understand the how it works and why it should be done > that way. > "Cal Learner-- MVP" wrote: > > In microsoft.public.money, J_arse wrote: > > > > I am balancing accounts and am having trouble keeping them balanced. > > > Lets say > > > I have Account A and Credit Card B. How should the Transfer be recorded > > > to > > > pay from Accaount A to Credit Card B? > > > Use the SPECIAL Transfer category at the bottom of the list. > > (scroll) > > > > Is there a decent user guide to use > > > besides the one online in the help menu. > > |
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#3
11-19-2005, 04:57 AM
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| Re: How do I properly record a trnasfer? "J_arse" <Jarse[at]discussions.microsoft.com> wrote in message news:309994E0-C0AF-489A-BD6E-AD655685E2E1[at]microsoft.com... - quote - > Do you know a more advaced user guide to help me understand the actual
I haven't seen one in print in years. There are several unofficial FAQs and> accounting of the software. I know that choosing special transfer does it > but I would like to understand the how it works and why it should be done > that way. web sites mentioned here fairly often that may provide some of the insight you're looking for. -- Chris Cowles Gainesville, FL |
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#2
11-19-2005, 04:48 AM
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| Re: How do I properly record a trnasfer? Do you know a more advaced user guide to help me understand the actual accounting of the software. I know that choosing special transfer does it but I would like to understand the how it works and why it should be done that way. "Cal Learner-- MVP" wrote: - quote - > In microsoft.public.money, J_arse wrote: > > I am balancing accounts and am having trouble keeping them balanced. Lets say > > I have Account A and Credit Card B. How should the Transfer be recorded to > > pay from Accaount A to Credit Card B? > Use the SPECIAL Transfer category at the bottom of the list. > (scroll) > > Is there a decent user guide to use > > besides the one online in the help menu. |
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#1
11-19-2005, 04:44 AM
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| Re: How do I properly record a trnasfer? "J_arse" <J_arse[at]discussions.microsoft.com> wrote in message news:01B4FD69-3A82-4F4D-8041-EF7A9D446C8C[at]microsoft.com... - quote - > I am balancing accounts and am having trouble keeping them balanced. Lets
"Credit Car Payment: Credit Card B". That's equivalent to "Transfer: Credit> say > I have Account A and Credit Card B. How should the Transfer be recorded to > pay from Accaount A to Credit Card B? Is there a decent user guide to use > besides the one online in the help menu. Card B". The difference is cosmetic. -- Chris Cowles Gainesville, FL |
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11-19-2005, 03:49 AM
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| Re: How do I properly record a trnasfer? In microsoft.public.money, J_arse wrote: - quote - > I am balancing accounts and am having trouble keeping them balanced. Lets say
Use the SPECIAL Transfer category at the bottom of the list.> I have Account A and Credit Card B. How should the Transfer be recorded to > pay from Accaount A to Credit Card B? (scroll) - quote - > Is there a decent user guide to use > besides the one online in the help menu. |
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#-1
11-19-2005, 02:01 AM
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| How do I properly record a trnasfer? I am balancing accounts and am having trouble keeping them balanced. Lets say I have Account A and Credit Card B. How should the Transfer be recorded to pay from Accaount A to Credit Card B? Is there a decent user guide to use besides the one online in the help menu. |
| Tags |
| properly, record, trnasfer |
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