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  #7  
Old 12-08-2005, 02:55 AM
Cal Learner-- MVP
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Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

In microsoft.public.money, Jeff Steele wrote:

- quote -

> In retrospect, that is what I should have done with all of my loans - since
> Money treats a credit card account on par w/ 'regular' account. However,
> these loans have been setup for multiple years and have tracked interest
> correctly into the correct Interest Expense accounts. If I were to change
> the type at this point, it would be akin to erasing the account and then
> having to re-enter all of the transactions.


Perhaps. But if you think of it as a refinancing, you would close
out one loan and start another. I can understand that you want the
loans to be of the same type to make reporting consistent for each.
  #6  
Old 12-08-2005, 02:48 AM
Jeff Steele
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Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

In retrospect, that is what I should have done with all of my loans - since
Money treats a credit card account on par w/ 'regular' account. However,
these loans have been setup for multiple years and have tracked interest
correctly into the correct Interest Expense accounts. If I were to change
the type at this point, it would be akin to erasing the account and then
having to re-enter all of the transactions.

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, Jeff Steele wrote:
> > > Recently that loan has shifted to a loan where I do not make payments and

> > the monthly interest is simply added back to the loan. Every month I perform
> > an 'Update Amount Owed' adjustment transaction and I put in the amount with
> > the same interest category as has always been used. HOWEVER, these
> > adjustment transactions do not appear on any 'trans by category' reports that
> > are run for the interest category.

> Would it be practical to set that loan up as a credit card?

  #5  
Old 12-08-2005, 02:36 AM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

In microsoft.public.money, Jeff Steele wrote:

- quote -

> Recently that loan has shifted to a loan where I do not make payments and
> the monthly interest is simply added back to the loan. Every month I perform
> an 'Update Amount Owed' adjustment transaction and I put in the amount with
> the same interest category as has always been used. HOWEVER, these
> adjustment transactions do not appear on any 'trans by category' reports that
> are run for the interest category.


Would it be practical to set that loan up as a credit card?
  #4  
Old 12-08-2005, 02:27 AM
Jeff Steele
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Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

I've used Money since 1995 (when I started working for Microsoft). At that
time, this wasn't a problem - LOAN accounts had the same attributes as all
other accounts and were able to be included/excluded from reports, etc. It
was around 1999 or 2000 that this changed - about the same time as the other
annoying error I reported.

Yes - I worked for MS. And sadly, even as a Microsoft employee I was unable
to get some of the things that are wrong brought to the attention of those
that would fix them. I left MS last year and no longer have any 'ins' to
getting things addressed.

"Dick Watson" wrote:

- quote -

> BTW, you might look at one of the loan-related reports for these
> transactions.
> The more I think about it, the more stupid it is that a Loan Account is not
> an equal opportunity player in all reports. What exclude them?

  #3  
Old 12-08-2005, 02:18 AM
Dick Watson
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Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

BTW, you might look at one of the loan-related reports for these
transactions.

The more I think about it, the more stupid it is that a Loan Account is not
an equal opportunity player in all reports. What exclude them?


  #2  
Old 12-08-2005, 02:08 AM
Dick Watson
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Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

He lurks on occasion. I think his job jar is so full with finding a way to
turn a profit with the program that the LAST thing he is looking for is
feature requests to actually add functionality. Sad situation.

"Jeff Steele" <JeffSteele[at]discussions.microsoft.com> wrote in message
news:58776B06-765C-4157-9727-F993E72230DB[at]microsoft.com...
- quote -

> Thanks Dick. Lets hope some Program Manager on the Money team actually
> reads
> this - but I doubt it. I reported an annoying problem 5 years ago and
> that
> problem still exists today. (If you balance a credit card account, at the
> end of the balancing operation, you are asked it you want to make a
> payment.
> Starting about 5 years ago, if you clicked yes, it gives you an error
> message
> telling you that you must first select which account to pay from. Before
> that it correctly took you to the list of accounts from which a payment
> could
> be made.)
> Seems pretty simple - but it's still there 5 years later.



  #1  
Old 12-08-2005, 01:55 AM
Jeff Steele
Guest
 
Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

Thanks Dick. Lets hope some Program Manager on the Money team actually reads
this - but I doubt it. I reported an annoying problem 5 years ago and that
problem still exists today. (If you balance a credit card account, at the
end of the balancing operation, you are asked it you want to make a payment.
Starting about 5 years ago, if you clicked yes, it gives you an error message
telling you that you must first select which account to pay from. Before
that it correctly took you to the list of accounts from which a payment could
be made.)

Seems pretty simple - but it's still there 5 years later.

"Dick Watson" wrote:

- quote -

> Yes, loan accounts don't show up in most of the reports.
> Given how they record the adjustment transaction in the loan account, I
> agree you have found a significant maldesign of Money. (Regardless of the
> Update Amount Owed behavior, I agree that it seems lame that reports ignore
> anything else categorized in Loan Accounts besides.) Not that this is the
> only significant maldesign of Money.
> It's a wonder it hasn't been reported earlier that I can recall.
> "Jeff Steele" <JeffSteele[at]discussions.microsoft.com> wrote in message
> news:7FC4F063-BE0A-457D-810C-55F6D9B0B708[at]microsoft.com...
> > I have a loan account that was setup a while ago for normal principal and
> > interest payments. All of the interest payments showed up correctly if I
> > printed a 'trans by category' report for the interest category.
> > > Recently that loan has shifted to a loan where I do not make payments and

> > the monthly interest is simply added back to the loan. Every month I
> > perform
> > an 'Update Amount Owed' adjustment transaction and I put in the amount
> > with
> > the same interest category as has always been used. HOWEVER, these
> > adjustment transactions do not appear on any 'trans by category' reports
> > that
> > are run for the interest category.
> > > In fact, in the reporting functions, it seems to be impossible even to

> > request a report against a loan account as none of the loan accounts show
> > up
> > in the dropdown lists of accounts.
> > > Any ideas?

 
Old 12-08-2005, 01:45 AM
Dick Watson
Guest
 
Posts: n/a
Default Re: Loan Adjustment Transactions not categorizing

Yes, loan accounts don't show up in most of the reports.

Given how they record the adjustment transaction in the loan account, I
agree you have found a significant maldesign of Money. (Regardless of the
Update Amount Owed behavior, I agree that it seems lame that reports ignore
anything else categorized in Loan Accounts besides.) Not that this is the
only significant maldesign of Money.

It's a wonder it hasn't been reported earlier that I can recall.

"Jeff Steele" <JeffSteele[at]discussions.microsoft.com> wrote in message
news:7FC4F063-BE0A-457D-810C-55F6D9B0B708[at]microsoft.com...
- quote -

> I have a loan account that was setup a while ago for normal principal and
> interest payments. All of the interest payments showed up correctly if I
> printed a 'trans by category' report for the interest category.
> Recently that loan has shifted to a loan where I do not make payments and
> the monthly interest is simply added back to the loan. Every month I
> perform
> an 'Update Amount Owed' adjustment transaction and I put in the amount
> with
> the same interest category as has always been used. HOWEVER, these
> adjustment transactions do not appear on any 'trans by category' reports
> that
> are run for the interest category.
> In fact, in the reporting functions, it seems to be impossible even to
> request a report against a loan account as none of the loan accounts show
> up
> in the dropdown lists of accounts.
> Any ideas?



  #-1  
Old 12-08-2005, 12:36 AM
Jeff Steele
Guest
 
Posts: n/a
Default Loan Adjustment Transactions not categorizing

I have a loan account that was setup a while ago for normal principal and
interest payments. All of the interest payments showed up correctly if I
printed a 'trans by category' report for the interest category.

Recently that loan has shifted to a loan where I do not make payments and
the monthly interest is simply added back to the loan. Every month I perform
an 'Update Amount Owed' adjustment transaction and I put in the amount with
the same interest category as has always been used. HOWEVER, these
adjustment transactions do not appear on any 'trans by category' reports that
are run for the interest category.

In fact, in the reporting functions, it seems to be impossible even to
request a report against a loan account as none of the loan accounts show up
in the dropdown lists of accounts.

Any ideas?
 

Tags
adjustment, categorizing, loan, transactions
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