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  #5  
Old 02-12-2006, 03:48 PM
Mark
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Posts: n/a
Default Re: Automobiles


"Rodger Dodger" <RodgerDodger[at]discussions.microsoft.com> wrote in message
news9796242-EA0C-4380-BD4B-B0E5097FC949[at]microsoft.com...
- quote -

> I am at a loss. I have three vehicles which I would like to catagorize for
> gas, maintenance, repairs, etc. I could use the standard
> catagory:subcatagory of Automobile:Gasoline, Automobile:Maintenance, etc.
> But by classifying them this way, doesn't tell me which vehicle the
> expense
> goes to. I have figured several options for a work around. 1st, I could
> write in the memo field the vehicle the gas was put into, but then money
> reports and budgeting would not like this. 2nd, I could create a catagory
> for each vehicle and a subcatagory for each expense.


You should create a subcategory for each vehicle / type expense. e.g. if
you have a 2002 Toyota and a 2003 Ford you could have these subcategories:

Auto:
- Depreciation (once or twice a year, see how much your asset (i.e. the car)
is worth, and take a depreciation expense to reduce car value from the asset
account associated with the car)
- Gas - 02 Toyota
- Gas - 03 Ford
- Maint - 02 Toyota
- Maint - 03 Ford
- Loan Interest (use for both cars, if you have a loan account set up)
- Loan Principle (use of both cars, if you have a loan account set up)
- Other (a catch all for whatever doesn't fit the above categories)

You could also put auto insurance in this catagory as a subcategory. For me
it makes more sense to have it in my insurance account.

Get very confusing when
- quote -

> I want to set a budget of $5000 for gas a year for all the vehicles.

You need to budgget each vehicle.

3rd, I
- quote -

> could somehow create classifcations, though I don't understand them very
> well
> and hear they are on the out. 4th, I could create an asset account for
> each
> vehicle, but when I enter transactions in them for $30 worth of gas, my
> asset
> account value would soon be zero for a vehicle that is still worth
> something.


Gasoline expenses are not the same as depreciation expenses of an asset.

- quote -

> Any suggestions on the proper proceedure?

Mark


  #4  
Old 02-05-2006, 12:33 PM
Dick Watson
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Posts: n/a
Default Re: Automobiles

And let me be clear about what classification does.

Classification is just a separate labeling scheme just like Category. So,
you categorize an expense as Automobile:Gasoline **and** separately classify
it as Automobile:CR-V. This allows you to dice and slice the data readily
into all Automobile:Gasoline expenses or all Automobile:CR-V expenses or any
intersecting set (Automobile:Gasoline for just Automobile:CR-V). You can
also do things like classify Insurance:Automobile or Taxes:License Plate Ad
Valorem Tax to a specific vehicle.

None of the suggestions to change categorization to be vehicle specific
(Automobile CR-V:Gasoline or Automobile:CR-V Gasoline) allows this. And the
schemes that change the category list grow the category list by a large
number every time you change vehicles.

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:eLAktjbKGHA.2628[at]TK2MSFTNGP15.phx.gbl...
- quote -

> I've defined Classification1 as Class and have Class:Subclass like
> Automobile:CR-V, Automobile:TL, and Automobile:SL-K (not to mention things
> like Cell Phone808)555-1212 and Vacation:Hawaii 2004) just for purposes
> like this.
> "Rodger Dodger" <RodgerDodger[at]discussions.microsoft.com> wrote in message
> news9796242-EA0C-4380-BD4B-B0E5097FC949[at]microsoft.com...
> > I am at a loss. I have three vehicles which I would like to catagorize
> > for
> > gas, maintenance, repairs, etc. I could use the standard
> > catagory:subcatagory of Automobile:Gasoline, Automobile:Maintenance, etc.
> > But by classifying them this way, doesn't tell me which vehicle the
> > expense
> > goes to. I have figured several options for a work around. 1st, I could
> > write in the memo field the vehicle the gas was put into, but then money
> > reports and budgeting would not like this. 2nd, I could create a
> > catagory
> > for each vehicle and a subcatagory for each expense. Get very confusing
> > when
> > I want to set a budget of $5000 for gas a year for all the vehicles.
> > 3rd, I
> > could somehow create classifcations, though I don't understand them very
> > well
> > and hear they are on the out. 4th, I could create an asset account for
> > each
> > vehicle, but when I enter transactions in them for $30 worth of gas, my
> > asset
> > account value would soon be zero for a vehicle that is still worth
> > something.
> > Any suggestions on the proper proceedure?



  #3  
Old 02-04-2006, 11:43 PM
Frank
Guest
 
Posts: n/a
Default Re: Automobiles

Rodger Dodger wrote:
- quote -

> I am at a loss. I have three vehicles which I would like to
> catagorize for gas, maintenance, repairs, etc. I could use the
> standard catagory:subcatagory of Automobile:Gasoline,
> Automobile:Maintenance, etc. But by classifying them this way,
> doesn't tell me which vehicle the expense goes to. I have figured
> several options for a work around. 1st, I could write in the memo
> field the vehicle the gas was put into, but then money reports and
> budgeting would not like this. 2nd, I could create a catagory for
> each vehicle and a subcatagory for each expense. Get very confusing
> when I want to set a budget of $5000 for gas a year for all the
> vehicles. 3rd, I could somehow create classifcations, though I don't
> understand them very well and hear they are on the out. 4th, I could
> create an asset account for each vehicle, but when I enter
> transactions in them for $30 worth of gas, my asset account value
> would soon be zero for a vehicle that is still worth something. Any
> suggestions on the proper proceedure?


I have mine setup as:
Auto Harley
Auto Cadillac
Auto Neon
Auto Tempo
sub expenses under each
.................................................. .................................................. ....................


  #2  
Old 02-04-2006, 05:29 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: Automobiles

I've defined Classification1 as Class and have Class:Subclass like
Automobile:CR-V, Automobile:TL, and Automobile:SL-K (not to mention things
like Cell Phone808)555-1212 and Vacation:Hawaii 2004) just for purposes
like this.

"Rodger Dodger" <RodgerDodger[at]discussions.microsoft.com> wrote in message
news9796242-EA0C-4380-BD4B-B0E5097FC949[at]microsoft.com...
- quote -

> I am at a loss. I have three vehicles which I would like to catagorize for
> gas, maintenance, repairs, etc. I could use the standard
> catagory:subcatagory of Automobile:Gasoline, Automobile:Maintenance, etc.
> But by classifying them this way, doesn't tell me which vehicle the
> expense
> goes to. I have figured several options for a work around. 1st, I could
> write in the memo field the vehicle the gas was put into, but then money
> reports and budgeting would not like this. 2nd, I could create a catagory
> for each vehicle and a subcatagory for each expense. Get very confusing
> when
> I want to set a budget of $5000 for gas a year for all the vehicles. 3rd,
> I
> could somehow create classifcations, though I don't understand them very
> well
> and hear they are on the out. 4th, I could create an asset account for
> each
> vehicle, but when I enter transactions in them for $30 worth of gas, my
> asset
> account value would soon be zero for a vehicle that is still worth
> something.
> Any suggestions on the proper proceedure?



  #1  
Old 02-04-2006, 05:26 PM
mar11974
Guest
 
Posts: n/a
Default RE: Automobiles

When you enter the category "Automobile - Gas" edit it by adding to the end
as "Automobile - Gas Whatever" and Money 2006 will let you add a custom
subcategory which could differenciate your different vehicles.
 
Old 02-04-2006, 03:17 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Automobiles

In microsoft.public.money, Rodger Dodger wrote:

- quote -

> I am at a loss. I have three vehicles which I would like to catagorize for
> gas, maintenance, repairs, etc. I could use the standard
> catagory:subcatagory of Automobile:Gasoline, Automobile:Maintenance, etc.
> But by classifying them this way, doesn't tell me which vehicle the expense
> goes to. I have figured several options for a work around. 1st, I could
> write in the memo field the vehicle the gas was put into, but then money
> reports and budgeting would not like this. 2nd, I could create a catagory
> for each vehicle and a subcatagory for each expense. Get very confusing when
> I want to set a budget of $5000 for gas a year for all the vehicles. 3rd, I
> could somehow create classifcations, though I don't understand them very well
> and hear they are on the out. 4th, I could create an asset account for each
> vehicle, but when I enter transactions in them for $30 worth of gas, my asset
> account value would soon be zero for a vehicle that is still worth something.
> Any suggestions on the proper proceedure?


You may be a candidate for the use of Classification-- an additional
factor that you can add, and then use to differentiate transactions
in reports.


There have been some relevant postings in the group you should find
useful. I suggest you go to
http://groups.google.com/advanced_group_search to find recent
postings on the subject. Enter "classification" into the words box,
and microsoft.public.money into the Newsgroup box. Sort by Date
usually.
  #-1  
Old 02-04-2006, 02:35 PM
Rodger Dodger
Guest
 
Posts: n/a
Default Automobiles

I am at a loss. I have three vehicles which I would like to catagorize for
gas, maintenance, repairs, etc. I could use the standard
catagory:subcatagory of Automobile:Gasoline, Automobile:Maintenance, etc.
But by classifying them this way, doesn't tell me which vehicle the expense
goes to. I have figured several options for a work around. 1st, I could
write in the memo field the vehicle the gas was put into, but then money
reports and budgeting would not like this. 2nd, I could create a catagory
for each vehicle and a subcatagory for each expense. Get very confusing when
I want to set a budget of $5000 for gas a year for all the vehicles. 3rd, I
could somehow create classifcations, though I don't understand them very well
and hear they are on the out. 4th, I could create an asset account for each
vehicle, but when I enter transactions in them for $30 worth of gas, my asset
account value would soon be zero for a vehicle that is still worth something.
Any suggestions on the proper proceedure?
 

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