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Old 12-31-2005, 05:41 PM
Dick Watson
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Default Re: "Transfers" in Income & Spending Reports (How to reclassify?)

You don't since "loan payments are not an expense."

If you are intent, delete the loan account and just expense them in the
first place.

"Dennis" <Dennis[at]discussions.microsoft.com> wrote in message
news:86178468-97A9-42D9-B927-4FFE2ABAF28D[at]microsoft.com...
- quote -

> Money 2005 Small Business
> The principal amount of my car loan payments for 2005
> equals $3,844.01
> In the Reports it under the Transfers report title of "Transfers" as Car
> Loan Payments for $3844.01
> Personally, I would prefer that the amount be shown as Automobile
> Expenses -
> Car Principal Payments. (Yes, as an accountant, I know that loan payments
> are not an expense but the "Transfer" Debit would make more sense under
> Car
> Principal Payments)
> How do I "Credit" the "Transfer" amount and "Debit" Automobile Expense
> within the Money system?



  #-1  
Old 12-31-2005, 05:37 PM
Dennis
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Default "Transfers" in Income & Spending Reports (How to reclassify?)

Money 2005 Small Business

The principal amount of my car loan payments for 2005
equals $3,844.01

In the Reports it under the Transfers report title of "Transfers" as Car
Loan Payments for $3844.01

Personally, I would prefer that the amount be shown as Automobile Expenses -
Car Principal Payments. (Yes, as an accountant, I know that loan payments
are not an expense but the "Transfer" Debit would make more sense under Car
Principal Payments)

How do I "Credit" the "Transfer" amount and "Debit" Automobile Expense
within the Money system?
 

Tags
income, reclassify, reports, spending, transfers
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